PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan CEO Jamie Dimon voiced his fears of the risks from data sharing back in a 2016 shareholder letter.

Fintech 133

Fintech Payments Digital Banking America 133

PYMNTS

DECEMBER 5, 2019

Data aggregation and analytics platform Envestnet | Yodlee announced that it has signed a data sharing agreement with JPMorgan Chase. Envestnet | Yodlee has already partnered with more than 1,200 financial institutions and FinTech innovators, including most of the top 20 U.S. They also can cancel that access anytime they want.”.

Data 132

Data United States Community Bank Fintech 132

Perficient

DECEMBER 22, 2023

To help shed light on this matter, Perficient’s Financial Services Risk and Regulatory Center of Excellence (CoE) researched the topic extensively and discovered that the Office of the Comptroller of the Currency (OCC) has classified AI as an emerging risk to the banking industry.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

PYMNTS

JANUARY 3, 2020

It’s the end of the first workweek of the decade, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into faster payments for education, seven 2020 trendlines when it comes to the connected economy and news on Samsung’s Neon “ artificial human. ”.

Payments 108

Payments Samsung America Trends 108

PYMNTS

DECEMBER 6, 2018

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. At the same time, businesses are willing to switch payments service providers if they are offered a better deal. In addition, tens of billions of dollars in the U.S.

Data 116

Data Millennials Financial Technology Tools 116

PYMNTS

AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. digital transformations reshaping CUs’ role in the financial space, and how open banking could change how CUs do business.

Data 122

Data Report Los Angeles California 122

PYMNTS

AUGUST 25, 2019

Look Who’s Charging is integrated with a number of Australian banks, with data available to millions of Australians within its existing digital banking apps. The deal combines Experian’s global open data solutions with Look Who’s Charging’s advanced enrichment capabilities. “The

Data 109

Data Fintech Lending Regional 109

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported. percent business stake per news in January. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

JULY 7, 2020

Jaffe said sale processes are underway for other international holdings as well as Wirecard’s core business, the news service reported. Due diligence is expected to begin shortly, in virtual data rooms, Jaffe added. We all now need transparency and that’s the first task,” Sewing told a webcast event organized by Bloomberg News.

Fraud 191

Fraud Financial Technology Meeting Report 191

Let's Talk Payments

JUNE 21, 2016

Among the overwhelming number of news one encounters every Monday, one caught our attention. Plaid, a financial technology platform, raised $44 million in the Series B funding round led by.

Data 75

Data Fintech Financial Technology Technology 75

PYMNTS

FEBRUARY 24, 2020

Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. Another saw Fiserv taking over rival First Data for $46 billion.

Financial Technology 150

Financial Technology Data Software National 150

PYMNTS

DECEMBER 20, 2017

According to Heike Mai, a German economist and banking and financial markets analyst for Deutsche Bank AG, a range of factors including merchant acceptance, convenience and a historical skepticism toward new financial technology, among others — could be leading the German cash craze.

Data 115

Data Analysis ATM Cards 115

PYMNTS

NOVEMBER 14, 2018

The auditor] also confirmed that data has been encrypted, that no other data has been stored and that all data is up to date.” Earlier in the month, it was reported that China’s Tencent has made moves using blockchain for trade finance through its Tencent Financial Technology unit.

Taxes 141

Taxes blockchain Data Report 141

PYMNTS

AUGUST 28, 2019

As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country. Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. and iwoca.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

OCTOBER 2, 2019

Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and monthly trading volume is Tether. Some of the concerning potential patters of trading in the market may start to fall away.”.

Bitcoin 141

Bitcoin San Diego cryptocurrency Security 141

PYMNTS

APRIL 1, 2020

These CUs must also make sure that introducing new features does not offer up any openings to the many opportunistic fraudsters looking to swipe precious data and financial information. To learn more about these and other stories, visit the Tracker’s News and Trends. How USSFCU Secures Its Digital Infrastructure Makeover.

United States 181

United States Innovation Online Tools 181

PYMNTS

MARCH 1, 2018

To find more news and insights, including more than 100 data points, check out the new Playbook by filling out the form below: [contact-form-7] About the Playbook. Funding won’t get FIs far without the right infrastructure – 41 percent of mid-sized FIs said their core systems were well-suited for innovation.

Innovation 101

Innovation Data System Survey 101

PYMNTS

NOVEMBER 17, 2020

Nav's new product will offer financing profiles in which users will be able to avoid filling out forms and providing data to numerous lenders in favor of intelligent tech that will be able to identify personalized funding matches, the release stated. This demand is made far more urgent by COVID-19.

Tools 167

Tools Capital Analysis Financial Technology 167

PYMNTS

JULY 17, 2017

The big news of the week was Prime Day, which reports indicate marked another record break for Amazon, particularly in regards to sales of the various Alexa-powered AI devices. Trying new things was the name of the game. Sometimes change looks good, like Stripe; sometimes it looks a bit hiccupy, like Starbucks.

Data 100

Data Survey Fintech Regulation 100

PYMNTS

OCTOBER 8, 2019

“The world is moving toward better technology, simpler design and instant access to data and automated analytics,” said Mark Smith, Citi Global head of liquidity management services, treasury and trade solutions. “We Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Online 100

Online Analytics Tools User Experience 100

PYMNTS

JANUARY 8, 2020

Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. At the end of 2017, Longfin shares soared more than 1,000 percent on the heels of news Longfin was buying a crypto firm known as Ziddu. In documents released Tuesday (Jan.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

FEBRUARY 28, 2018

Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. Big Data and even artificial intelligence and other technologies [will] help our bank to predict and analyze economic and financial conditions more effectively.”. “In

blockchain 105

blockchain Big Data cryptocurrency Bitcoin 105

PYMNTS

NOVEMBER 5, 2020

By buying Plaid, Visa would reportedly gain access to 200 million consumer bank accounts and 2,600 financial technology apps that would help the company further push into areas like real-time payments and digital wallets. However, Visa rejects the Justice Department’s claim that that would create an illegal monopoly. “As

US 343

US San Francisco United States Policies 343

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.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

PYMNTS

JUNE 23, 2020

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

OCTOBER 9, 2019

A number of credit card issuers have been trying to attract new business with rewards instead of lowering rates. Federal Reserve data shows that the gulf between delinquency rates at the 100 biggest banks and others is getting wider as well. Large bank delinquent accounts in Q2 were at 2.44 percent and 6.34 trillion since 2010.

Cards 152

Cards Kansas City Kansas Lending 152

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. But it may not always be smooth sailing ahead. In the U.K.,

Fintech 220

Fintech User Experience System Data 220

PYMNTS

MARCH 26, 2019

The organization will “provide bank leaders with a high-level platform to establish clear points of contact with senior representatives and thought leaders from the financial technology industry and consumer organizations,” the statement said. The group plans to hold its first meeting on April 1.

Groups 135

Groups Fintech New York Financial Technology 135

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.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

DECEMBER 12, 2018

Partner Mark Goldberg , who led this round from Index Ventures , told Karen Webster shortly after the news was announced that he believes “we’re still only seeing the early phases of Plaid’s growth, because however the financial services market grows going forward, as long as it grows, Plaid will have work to do.”. The Trust Business.

Fintech 149

Fintech Capital Financial Technology Innovation 149

PYMNTS

FEBRUARY 17, 2020

As Wong related to PYMNTS, open banking frameworks have enhanced the ability for smaller firms to make payments internationally and to take advantage of the data that accompanies the transactions themselves. Comparing this industry between five years ago and now, there’s a lot of technology that makes it easier to do business,” said Wong.

Payments 232

Payments Regional Data Management 232

PYMNTS

JUNE 30, 2020

PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

FEBRUARY 23, 2020

Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. Credit Karma was valued at $4 billion in a private share sale around two years ago. The company makes money when users use those products.

Report 180

Report Taxes Online Financial Technology 180

PYMNTS

JULY 31, 2018

Welcome to The Axis, your late look at payments news from around the world. Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. “FIS

Fintech 100

Fintech blockchain Innovation Conference 100