PYMNTS

JANUARY 21, 2019

The firm’s Business Leaders Outlook report, published earlier this month, found that the majority of SMBs expect revenue, sales and profit increases in 2019, with executives turning to hiring activity and technological innovation as drivers of their success. However, financial transformation is complex. A Holistic View.

System 188

System Payments Technology Tools 188

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.

US 343

US San Francisco United States Policies 343

PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

Fintech 209

Fintech Payments Oregon Cards 209

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. The Congressional House Financial Services Committee held a hearing last fall, “Buy Now, Pay More Later?

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We A survey by EHI Retail Institute showed that last year, card payments made up 48.6

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

PYMNTS

JANUARY 8, 2020

The collaboration will let consumers of UnionPay’s popular QuickPass app make financial payments utilizing the same technology (QR codes) that Tencent’s WeChat Pay platform also uses. Regional rival Alipay interacts with its customers with a similar, but not integrated software system.

Mobile 112

Mobile Payments Regional Software 112

PYMNTS

OCTOBER 3, 2019

“Even before customers think about credit cards, they need a place to store their business capital. The Brex Cash account will work with the Brex Card on one network and offers users a return of 1.6 percent or more as well as Brex reward points. Radius is thrilled to partner with Brex on this new product. billion.

Capital 143

Capital Software System Cards 143

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. There also tend to be many different card processors and different kinds of payment methods. There also tend to be many different card processors and different kinds of payment methods.

Company 209

Company Fintech Payments Software 209

PYMNTS

OCTOBER 4, 2019

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. With the transaction now complete, Fiserv is one of the world’s largest payment and financial technology providers. Basic Question.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. System upgrades require investments in money, time and resources. The poll of 325 U.S.

Payments 160

Payments Cards Report Tools 160

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. As it stands, almost 200,000 desktops at over 1,500 banks as well as buy-side firms tap into the company’s operating system. Reuters reported.

Software 134

Software New York Risk Management System 134

PYMNTS

SEPTEMBER 24, 2019

financial system have had some information about themselves … compromised at some point.”. There are also a lot of illegal activities involved with wire, credit card and automated clearing house (ACH) fraud. “By With billions of compromised credentials exposed online, there is a high likelihood that most users of the U.S.

Fraud 178

Fraud Cards Fintech Compliance 178

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

AUGUST 23, 2019

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

United States 100

United States Cards Branding Payments 100

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. ACH is the most preferred payment rail for corporate payers, according to Strategic Treasurer and Bottomline Technologies. But how businesses reshape their payment practices varies.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

OCTOBER 15, 2020

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. But the faster payment systems are showing advantages, too, he said. Moving Beyond ACH .

Payments 313

Payments blockchain System Data 313

PYMNTS

MAY 5, 2020

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments.

Payments 200

Payments United States Software Cards 200

Chris Skinner

MARCH 11, 2017

Their third-party payments processor had an outage at the weekend so the cards couldn’t be used. For overseas readers, we have a system in Britain of listing heritage buildings. It sheds light on where challenger banks and financial technology (fintech) firms can make ground on the established banks.

Metro 186

Metro Bitcoin New York cryptocurrency 186

PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk.

Fintech 117

Fintech blockchain Technology Examples 117

PYMNTS

NOVEMBER 21, 2019

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers.

Bitcoin 130

Bitcoin blockchain Report Payments 130

PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

blockchain 100

blockchain US Regulation National 100

PYMNTS

JULY 11, 2019

The news comes as reports surfaced last year that the Indonesian ride-hailing and online payment company was growing its financial technology services via partnerships with three peer-to-peer (P2P) lending firms. Go-Jek’s Go-Pay payment system rolled out in 2017, accounting for over half of the startup’s transactions.

Lending 100

Lending Financial Technology Online Community 100

PYMNTS

FEBRUARY 25, 2019

A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system. Identity Devices Sweden AB will provide a new biometric privacy platform (BPP) to Aadhaar, essentially adding a new layer of security to its online and offline authentication systems.

Wyoming 134

Wyoming Idaho Maryland Colorado 134

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

Strategy 123

Strategy Innovation Fraud Security 123

PYMNTS

JANUARY 21, 2019

DBI) , an employee benefits administrator, by financial technology services company WEX. In addition, DBI has more than 1 million consumers in 50 states, and with its account administration tech and services, it’s a key player in the consumer-facing healthcare system. That is not all on Smith’s plate. Future Trends.

Innovation 167

Innovation Trends Technology Operations 167

PYMNTS

JANUARY 10, 2017

India isn’t only trying to fight corruption with its move to take high-denomination currency out of the system; it is aiming to get rid of plastic money by 2020. As reported by the BBC , taking those notes out of the financial system represents an effort to stymie fraud efforts, corruption and what the site noted as “illegal cash holdings.”

ATM 100

ATM Taxes System Cards 100

PYMNTS

AUGUST 9, 2018

Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. Elan processes credit cards for 1,800 banks in the U.S., providing payment services, credit card issuing, prepaid card and ATM services as well as debit card processing. and more than 13 million ATM and debit cards.

US 113

US Payments ATM Fraud 113

PYMNTS

JUNE 1, 2020

Any sudden shock to the system like we have observed with the pandemic exposes both vulnerabilities and opportunities, especially for payments. The technological stage has been set for that embrace of digital transactions with a slew of new payment products and services on offer.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

APRIL 18, 2019

Now, Wave’s small business customers can access their sales instantly, using Visa Direct rails and their debit cards. The Wave financial technology platform, he said, at base, is designed to handle the bookkeeping and tax complexities for its micro-merchant customers as they generate invoices and collect funds.

Taxes 226

Taxes Payments Cards User Experience 226

PYMNTS

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. GO-JEK’s payment system GO-PAY rolled out last year, accounting for more than half of the startup’s transactions.

Apple 159

Apple Mobile Fraud Branding 159

Insights on Business

JUNE 14, 2018

Today’s banking systems evolved from the first merchants bartering and carrying goods between early villages and towns. Our most closely related banking systems evolved in medieval and Renaissance Italy where banking branches were established throughout Europe. The Banker Technology Projects of the Year Awards 2017.”

Customer Experience 115

Customer Experience cryptocurrency Technology blockchain 115

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

blockchain 147

blockchain Payments Regional America 147

PYMNTS

APRIL 25, 2016

The virtual card FinTech company commissioned a study this month to explore how companies are managing their expense policies and procedures. The vast majority (90 percent) of respondents said that their reconciliation process is challenged because corporate cards are used by more than one employee.

America 100

America Mobile Payments Cards 100

PYMNTS

OCTOBER 28, 2020

But for another, it could mean debt forbearance or modifying rewards programs on card products to more closely match what members want during the pandemic. It is also why CO-OP is purposefully investing in its ecosystem of products and financial technology services that will help CUs close some of those digital and payments gaps he spoke of.

Payments 151

Payments Fraud Innovation Tools 151

CFPB Monitor

NOVEMBER 17, 2015

While at the CFPB, James led nationwide investigations involving consumer credit, mobile financial services, emerging payment systems, mortgage origination, and debt collection. James has extensive experience with federal consumer finance laws, including UDAAP, TILA, RESPA, EFTA, and the FDCPA.

New York 60

New York Resources Cards Policies 60

Independent Banker

OCTOBER 29, 2014

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.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

DECEMBER 12, 2016

The new system alerts consumes with red, yellow or green messages to warn users when they are paying out more or less than they normally might. TD MySpend combines spending from different deposit and credit card accounts only at TD Bank. “We were not expecting this.” ” About 750,000, or 20 percent, of TD’s 3.5

Financial Technology 100

Financial Technology System Mobile Security 100