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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.

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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics. Strong stakeholder collaboration is key to maintaining public confidence in the U.S. payment system and keeping pace with the rapidly evolving and expanding threat environment.”.

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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” Rising Risks, Demand For Digitization: A Double Threat.

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The 57 Biggest Fintech Conferences & Events in 2023

Fintech Labs Insights

These the biggest and best events in the financial services space geared towards technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and rival fintech firms. For the most part, financial technology event planners are organizing in-person gatherings, often with a virtual option.

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Getting Mobile Ready

Independent Banker

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

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The 35 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.