PYMNTS

JUNE 30, 2020

challenger bank Allica Bank has launched using Profile Software ‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage their banking and risk operations, according to a press release. Allica Bank will use Profile’s FMS.next as its core banking platform.

Software 151

Software Community Bank Resources Digital Banking 151

PYMNTS

JULY 1, 2020

-based global financial institution that offers investment services to encourage private investment in developing countries, and Citi, the New York-based international investment bank, said the mission of the initiative is to support trade and help businesses cope with the devastation caused by COVID-19. But the trade finance gap remains.

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

JULY 2, 2020

During the pandemic, we have seen continued demand for our offline mobile money agency, and online digital payment, which remain core of our business,” the company said in a statement, according to Bloomberg. The Central Bank of Nigeria has been looking to license more payment providers, PYMNTS reported last December.

Operations 198

Operations Mobile Report Payments 198

PYMNTS

JULY 2, 2020

Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. That picture has brightened somewhat as summer begins, but things are far from settled in the digital domain. New Behaviors, Same Regulations.

Compliance 223

Compliance Data Regulation Online 223

PYMNTS

JUNE 30, 2020

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer or seller using TravelgateX, a press release says. Virtual cards help sidestep the problem of navigating a mire of bank guarantees an online travel agency might have to do.

Payments 198

Payments Fraud Cards Data 198

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

JULY 3, 2020

PYMNTS’ June 2020 Credit Union Tracker® , done in collaboration with PSCU , explores the loyalty dynamic at work deep within CUs – and the threats to it should these financial institutions (FIs) fail in their mission to provide members with experiences not typically found at banks. “A Easy is the New Loyalty’.

Innovation 154

Innovation User Experience Tools Technology 154

PYMNTS

JUNE 30, 2020

Customers won’t have to go to a bank in person or wait for long amounts of time for responses to capital requests. We expect to issue millions of Euros to Spain’s three million sole traders and small businesses within 2020 and beyond, supporting their plans to reopen, grow and prosper.”. In late May, Marqeta was valued at $4.3

Capital 141

Capital Lending Cards Security 141

CB Insights

JUNE 29, 2020

The first quarter of 2020 was difficult for the financial services sector. Firstly, regulators in the US are becoming more amenable to fintech companies acquiring bank charters, as we’ve seen with Lending Club and Square. Secondly, we’re watching global digital currency and stable cryptocurrency regulations to see how crypto plays out.

Fintech 101

Fintech Regulation cryptocurrency Policies 101

Lars Markull

JUNE 30, 2020

This is the third part of our four part Open Banking series written by Aaryaman and Lars. As discussed in the previous segment, there are many ways a developer or service provider can access a user’s banking data. You can find the other parts here: one and two. This can be a painful and laborious process.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

This is the third part of our four part Open Banking series written by Aaryaman and Lars. As discussed in the previous segment, there are many ways a developer or service provider can access a user’s banking data. That being said, reverse engineering APIs is also a hacky technique that exploits a bank’s interface in unintended ways.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

This is the third part of our four part Open Banking series written by Aaryaman and Lars. As discussed in the previous segment, there are many ways a developer or service provider can access a user’s banking data. That being said, reverse engineering APIs is also a hacky technique that exploits a bank’s interface in unintended ways.

Data 52

Data Regulation Mobile Security 52

Fintech Labs Insights

JUNE 30, 2020

Specifically: Feb 2020: London – 6 winning demos (42 minutes) Nov 2019: Dubai – 2 winning demos (14 minutes) Oct 2019: Singapore – 2 winning demos (14 minutes) Sep 2019: NYC – 9 winning demos (63 minutes) May 2019: San Francisco – 7 winning demos (56 minutes). FinovateEurope (Feb 2020). Amber Labs Product : Global Bitcoin Bank.

Fintech 15

Fintech Video San Francisco social media 15

Payments Source

JUNE 29, 2020

Thanks to their close relationship with the card networks, banks stand to benefit most from deals like Mastercard’s agreement to buy Finicity and Visa’s pending purchase of Plaid. The prospects for fintechs and consumers are dicier.

Data 123

Data Fintech Cards Banking 2020 123

American Banker

JUNE 29, 2020

Thanks to their close relationship with the card networks, banks stand to benefit most from deals like Mastercard’s agreement to buy Finicity and Visa’s pending purchase of Plaid. The prospects for fintechs and consumers are dicier.

Data 78

Data Fintech Cards Banking 2020 78

PYMNTS

JUNE 29, 2020

Wirecard shares were trading at the low single-digit euros a decade ago and were at high as 200 euros in 2018. The story still has legs, of course, as in recent weeks the Philippines central bank said there were no signs the $2.1 The banks cited — BDO Unibank Inc. Rocket ship stock prices? billion euros ($1.46

New York 178

New York Comparison Fraud Cards 178

American Banker

JULY 2, 2020

Axcess Financial is using stronger authentication, studying up on bad actors and planning to use a federal service that automates verification of Social Security numbers.

Fraud 57

Fraud Study Security Banking 2020 57

American Banker

JUNE 30, 2020

Banks are using emotion AI, which picks up subtle signals over text, audio and video, to help their customer service agents do their jobs better.

Video 64

Video Banking 2020 Digital Banking 64