The Paypers

SEPTEMBER 14, 2022

Bottomline , a provider of financial technology, has acquired Nexus Systems , a provider of accounts payable (AP) and payments automation software.

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System Financial Technology Software Technology 36

The Paypers

MAY 5, 2023

Argentina-based financial technology solutions provider Veritran has obtained System and Organization Controls 2 Type 1 compliance.

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Compliance System Financial Technology Technology 36

PYMNTS

OCTOBER 11, 2018

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company.

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System Technology Management Montana 108

CFPB Monitor

NOVEMBER 20, 2019

The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “ Banking on Your Data: The Role of Big Data in Financial Services ” on November 21, 2019. Associate Professor of Computer Science, Brown University and Chief Scientist, Aroki Systems.

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Big Data Financial Technology Data Technology 60

PYMNTS

JANUARY 21, 2019

Luckily, Clark said he’s seen a shift in businesses’ willingness to explore the process, with organizations more easily convinced of the financial transformation benefits as they see their industry peers digitize. Looking Ahead. After the first (and second) steps are made, the next moves will often fall into place.

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System Payments Technology Tools 188

Bank Innovation

APRIL 29, 2019

BNY Mellon's three key financial technology executives added last month were given the directive to pursue investments and fintech partnerships in natural language processing, rule-based automation systems and robotic process automation (RPA), Bank Innovation has learned. The initiatives had previously not been disclosed.

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Technology Financial Technology Innovation Fintech 199

PYMNTS

MARCH 6, 2020

In the latest Faster Payments Tracker® , PYMNTS examines developments in instant payments adoption around the world, and what may be holding back some FIs from investing in new systems. The Central Bank of Brazil has announced plans to release an instant payments system, which will use QR codes for ease.

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Payments New York Metro New York City 304

The Paypers

APRIL 26, 2024

US-based financial technology conglomerate Block has decided to link its merchant services system Square and peer-to-peer payments app Cash App.

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Bitcoin Financial Technology US System 36

Bank Innovation

MAY 14, 2018

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

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Fintech blockchain Financial Technology US 170

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe.

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Industry Big Data Fintech Taxes 190

PYMNTS

APRIL 9, 2020

economy, and some of the most vulnerable during economic downturns, yet their needs are overlooked by financial technology solution providers that limit compatibility to a small number of ERP systems,” said MineralTree Chief Product Officer Elle Kowal in the release. “Middle-market businesses are absolutely critical to the U.S.

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System Software Marketing Resources 190

PYMNTS

SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. ACI is a payment-systems company headquartered in Naples, Fla.

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Payments System cryptocurrency Regional 248

PYMNTS

JUNE 9, 2020

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. The company said in a prepared statement : “Currently, business owners rely on outdated card management systems as part of their corporate bank accounts.

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Cards Financial Technology System Management 134

BankInovation

APRIL 27, 2022

Loan origination systems driven by artificial intelligence (AI) are becoming table stakes among U.S. banks, credit unions and financial technology providers conducted this year by Brighterion, a unit of MasterCard, and […].

Survey 98

Survey Financial Technology System Technology 98

Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

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Fintech System Apple Technology 361

The Paypers

MAY 16, 2019

(The Paypers) Saudi Payments has signed a MoU with banks and financial technology companies to implement a QR-based national payment system in Saudi Arabia.

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National System Payments Financial Technology 28

The Paypers

FEBRUARY 14, 2019

(The Paypers) In 2018, George Gesek , the CEO of NOVARION Systems made an insightful introduction on quantum computing to The Paypers’ readers, worthy of a follow up

Financial Technology 31

Financial Technology Technology System 31

The Paypers

OCTOBER 21, 2019

(Telecompaper) Union Systems Limited (USL) , an African financial technology company, has teamed up with Daon to deliver cross-channel authentication and next-generation digital onboarding to financial institutions and other industry verticals in Africa.

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System Financial Technology Industry Technology 28

PYMNTS

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! DLT would also help in terms of cross-border payments, he said.

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blockchain Innovation System Financial Technology 236

PYMNTS

APRIL 29, 2019

Bessemer System Federal Credit Union, a financial organization in Pennsylvania, is suing financial technology company Fiserv Solutions over what it calls rampant billing errors, significant bugs and “baffling” security lapses, according to reports.

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Security Pennsylvania System Financial Technology 128

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. The payment system, called CoDi, is slated to launch in March. It’s not clear whether a state system in Mexico will be easy to use.

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Fintech System Mobile Payments 173

PYMNTS

NOVEMBER 5, 2020

In theory, the system could eventually allow consumers to bypass credit cards and transfer money directly from their bank accounts to a merchant’s account. The company has already integrated with about 15,000 banks in Canada and the United States.

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US San Francisco United States Policies 343

PYMNTS

JANUARY 14, 2021

The Clearing House's real-time payments offering, the RTP ® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week's Payment Rail Innovation roundup. Pakistan Preps Instant Payment System. Wells River Savings Bank Joins The RTP Network.

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Vermont System Innovation Payments 157

PYMNTS

NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company. banking license.

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San Francisco Digital Banking Financial Technology Innovation 264

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

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Payments blockchain System Bitcoin 294

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he said. The company said that the move was an effort to promote more “rational” spending habits among users, Reuters reported. The company did not elaborate.

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Groups Cards Regulation Fintech 242

PYMNTS

NOVEMBER 12, 2020

The Financial Stability Board this month issued a warning for financial institutions (FIs) that outsource key technologies and functions, warning of " systemic risk " associated with too much reliance on a third-party partner. But it may not always be smooth sailing ahead.

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Fintech User Experience System Data 220

PYMNTS

OCTOBER 15, 2020

But the faster payment systems are showing advantages, too, he said. All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse. Larimer echoed that there are use cases that are within the wheelhouses of both payment systems. More Tools, More Flexibility .

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Payments blockchain System Data 313

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area.

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Bitcoin blockchain social media Fintech 144

PYMNTS

NOVEMBER 14, 2017

s first new payment and clearing system in more than 40 years is up and running. was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new “Real-Time Payments” system set up by The Clearing House. The upgrade to the system also allows the U.S.

Payments 193

Payments Boston System New York 193

PYMNTS

JANUARY 8, 2020

Regional rival Alipay interacts with its customers with a similar, but not integrated software system. Tencent and UnionPay will also work together to develop a compatible way to utilize facial recognition technology in their respective mobile payment systems.

Mobile 112

Mobile Payments Regional Software 112

William Mills

JUNE 7, 2016

William Mills Agency, the premier public relations and content marketing firm focusing on the fintech industry, today announced that they have been chosen to provide strategic public relations services and content marketing to Paragon Application Systems. Located in Holly Springs, N.C., About Paragon.

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System Marketing Company Software 40

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. He said China’s traditional financial systems need further improvement in regulatory oversight for peer lending and investment product suitability as well as managing personal data with regard to KYC (know your client).

System 28

System Fintech blockchain Innovation 28

William Mills

JUNE 7, 2016

William Mills Agency, the premier public relations and content marketing firm focusing on the fintech industry, today announced that they have been chosen to provide strategic public relations services and content marketing to Paragon Application Systems. Located in Holly Springs, N.C., About Paragon.

System 40

System Marketing Company Software 40

PYMNTS

OCTOBER 23, 2018

.” The Bank of Canada , TMX Group and Canada’s payment system teamed up for a test to settle and clear mock stocks using the blockchain, Bloomberg reported. The system, intended to be linked with market infrastructure already in place, enabled participants to settle mock securities with mock central bank cash.

Bitcoin 191

Bitcoin blockchain Groups System 191

PYMNTS

OCTOBER 30, 2019

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services.

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blockchain Bitcoin Security Software 101

PYMNTS

OCTOBER 3, 2019

Significantly improving financial services is more than bolting a nice user interface onto existing systems — it requires overhauling back-end financial infrastructure,” said Ritik Malhotra, product manager for Brex Cash. Brex is teaming with Boston’s Radius Bank for payment processing with a newly-created back-end software. .

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Capital Software System Cards 143