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Fintech And Financial Institutions – Bridging the Gap

NCR

The expansion of new fintech apps started a trend of eroding revenue and profits from banks and credit unions, generating a sense of competition with app developers. Meanwhile, Jamie Dimon, CEO of JP Morgan Chase, said : “I don’t buy that fintech is completely different. Why Are Financial Institutions Adopting New Fintech Apps?

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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

The latest such move came from Instacart and ALDI, which announced they would allow customers to pay for same-day delivery or pick up food orders using their EBT SNAP (Supplemental Nutrition Assistance Program) cards. In May, global payments processor and FinTech Fiserv announced it was also taking part in the USDA’s pilot program.

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Top 10 Regulatory Hot Topics for 2022 – What AML Professionals Need to Know

Abrigo

A panel of experts from top regulatory supervisory agencies recently spoke at the Hawaii Bankers Association (HBA) BSA/AML Symposium to give insight into what they will be looking for in upcoming examinations. Card Fraud. What does this mean for the current regulatory focus for financial institutions? Cannabis Banking. Learn More.

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Vacation Rental Startup Vacasa Clinches Funding

PYMNTS

Of that tally, FinTech was just about … everything, with more than 97 percent of the total. The biggest investment of the week came in the form of 51credit.com, where the Chinese credit card management outfit garnered $84 million from Harvest Capital and Yintai Group. We’re launching Hawaii and Montana later this year.

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