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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider.

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CADFPI announces hiring of Christina Tetreault to lead Office of Financial Technology and Innovation

CFPB Monitor

The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. Tetreault most recently served as Manager of Financial Policy for Consumer Reports.

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House Financial Services Task Force on Financial Technology to hold Nov. 21 hearing on the role of big data

CFPB Monitor

The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “ Banking on Your Data: The Role of Big Data in Financial Services ” on November 21, 2019. Mr. Don Cardinal, Managing Director, Financial Data Exchange (“FDX”). Seny Kamara, PhD.,

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Mitek Upgrades Digital ID Verification With NFC Technology

PYMNTS

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.

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How Real-Time Data Recharges The Monthly Financial Close

PYMNTS

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. Transformation Through Data. For middle-market organizations, the largest barrier to efficient financial close processes remains the struggle to obtain high-quality data. From Data To Intelligence.

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The Fiserv-First Data Merger Is Complete

PYMNTS

The big deal is now complete: Fiserv announced this morning (July 29) that it has completed its acquisition of First Data Corporation. The two massive firms first inked the deal earlier this year, which will see Fiserv purchase First Data for $22 billion in an all-stock transaction. He also noted that outside the U.S.,

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Equifax Buys Commercial Credit Data Company Ansonia

PYMNTS

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. trillion in accounts receivable data from industries in North America. In contrast, the credit data company’s international revenues in Q2 fell during that time, according to a statement.

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