article thumbnail

Today In Payments: DOJ Approves Mastercard's Finicity Acquisition; Airbnb Files For IPO

PYMNTS

Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Securities and Exchange Commission (SEC) on Monday (Nov. Airbnb Files for IPO, Warns of Volatile Future. Airbnb filed paperwork with the U.S.

Payments 130
article thumbnail

Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. But that’s not the whole story, of course.

Fintech 169
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Currencycloud Teams With Hyundai Card For Mobile Remittance Service

PYMNTS

With just a few touches on the mobile phone, people will be able to remit their money using their credit card account,” said Wookyung Chang, head of Hyundai Card’s digital strategy department. This will open the new era of personalized digital financial services in Korea.”.

Cards 100
article thumbnail

A Bundle Of Contradictions: The Online Privacy Landscape

PYMNTS

Europe’s General Data Protection Regulation (GDPR), California’s similar law , Facebook’s ongoing costs and stock price plunge in the aftermath of the Cambridge Analytica scandal — all point to a new, stricter attitude about keeping online data private. Overall, 69 percent of consumers favor GDPR-like regulations in the United States.

Online 101
article thumbnail

The New Financial Paradigm

Cisco

The dramatic change of habit in the behavior of banking customers, digital natives or not, has brought adoption of digital payment methods and new interaction channels. Various regulations, PIX, Open Banking and hundreds of innovations are completely changing the rules of the game in this industry.

article thumbnail

Payments Rails, Laying New Tracks

PYMNTS

Safety and security are also key concerns, he added, in order to identify suspicious activity and stop fraud. Within Canada, she said, data is also crucial, “especially when you start to talk about security challenges,” and so users must provide an email address or telephone number. This means modernizing the financial system.

Payments 105
article thumbnail

Generative AI – 7 Lessons That Tate Taught Us

South State Correspondent

Led by our Chief Data Architect and SVP of Digital Strategy , the effort was a lesson in how to be more innovative and work together to achieve the sole goal of the customer experience. At this session, one of the rules was that you could not worry about constraints – You can’t mention budget, regulation, risk, or capabilities.

US 195