Payments Dive

JULY 31, 2024

Generative AI could help spot fraudulent patterns in transaction data and reduce the cost of processing payments, says a McKinsey consultant.

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Fraud Payments Data 482

TheGuardian

JULY 31, 2024

Federal government’s promise to force banks to reimburse scam victims criticised as ‘too vague’ and ‘a mess’ Get our morning and afternoon news emails , free app or daily news podcast The government’s proposed reforms to laws on financial scams let the banking system off the hook, are inferior to policies applied overseas, are complicated for victims and will not be legislated before Australians lose many more billions of dollars, according to consumer advocates.

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Payments Dive

JULY 31, 2024

Slowing card volume growth in the network giant’s earnings report this month revived questions about the longevity of its core business.

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Cards Report 397

American Banker

JULY 31, 2024

Banks weigh in on the fallout from CrowdStrike's outage, Patelco Credit Union navigates an ongoing legal battle over ransomware attack, JPMorgan Chase's tech usage for fighting fraud and more.

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Fraud Industry Technology Fintech 81

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Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Payments Dive

JULY 31, 2024

Just Walk Out is rolling out an advanced AI model that the company says will make its system more accurate and efficient and less costly to implement.

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System Company 221

Payments Dive

JULY 31, 2024

When it comes to innovation, “if it's moving too quickly for customer protection to keep pace, it’s not happening,” said Sibongile Ngako, who recently joined the fintech as chief compliance officer.

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American Banker

JULY 31, 2024

The London challenger bank has added deposits in an effort to keep customers from using banks and other fintechs; the Australian bank Westpac is offering cards to kids as young as 8; and more in our global payments and fintech roundup.

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Tools Fintech Cards Payments 77

BankInovation

JULY 31, 2024

HSBC continued to invest in digitalizing its retail and transaction banking businesses in the first half of 2024. “The steps we’ve taken to change our retail business model and our continued investment in people and digitization have made wealth a key driver of revenue growth,” Chief Executive Noel Quinn said during today’s H1 earnings call.

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Retail 74

American Banker

JULY 31, 2024

The Kansas City, Missouri-based regional bank said it is making progress on its pending purchase of Heartland Financial USA in Denver. The deal is expected to close during the first quarter of 2025.

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Kansas City Missouri Denver Kansas 73

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BankInovation

JULY 31, 2024

Paris-based BNP Paribas is working with telecom service provider Orange to provide its 21.8 million customers with personal financing solutions, according to a June 26 release. The “tailored financing” will provide customers with loans up to 3,000 euros ($3,200) to buy mobile phones, according to the release.

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Retail Mobile 74

The Paypers

JULY 31, 2024

The Financial Conduct Authority (FCA) has initiated a review aimed at streamlining regulations for financial services firms.

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Regulation 69

American Banker

JULY 31, 2024

The card network reported double digital growth in cross-border spending and in its value added services.

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Cards Report Payments 60

The Paypers

JULY 31, 2024

The RBI central bank has announced its decision to grant fintech firms BillDesk, Amazon Pay, and Adyen a cross-border payment licence.

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Payments Fintech 66

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Realwired Appraisal Management Blog

JULY 31, 2024

Some Chief Appraisers are nervous that they might get fired if they switch their appraisal management platform. No Chief Appraiser has ever been fired because they chose YouConnect. My promise? “I will personally give you half your annual salary if you get fired due to YouConnect not performing.” Why am I so confident?

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The Paypers

JULY 31, 2024

UAE-based financial services enabler Paymob has expanded its partnership with Shopify by launching embedded card and wallet payments for merchants in the MENA region.

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American Banker

JULY 31, 2024

Generative AI is exciting, but has limited fraud-busting utility. Instead of rushing to implement gen AI-powered anti-fraud initiatives, banks should focus on strengthening their existing security measures.

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Fraud Security 44

The Paypers

JULY 31, 2024

Google has announced that Google Wallet will integrate with C6 Bank and PicPay accounts, allowing users to initiate payments via Pix without needing to open the financial institutions' apps.

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Google Payments 48

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American Banker

JULY 31, 2024

The Federal Reserve chair said Fed researchers continue to explore central bank digital currencies to stay current on international payments developments, but emphatically denied that the central bank is considering creating one of its own.

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Payments Policies Compliance Regulation 42

The Paypers

JULY 31, 2024

Provider of AI-powered financial crime detection technology, ThetaRay , has recently announced the acquisition of next-gen European screening company Screena.

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Technology Company 41

The Financial Brand

JULY 31, 2024

This article Inside the AmEx Brand Strategy That’s Winning Younger Consumers appeared first on The Financial Brand. A strategic focus on personalization, digital innovation, and lifestyle experiences has propelled the American Express brand into the wallets of Gen Z and millennials. This article Inside the AmEx Brand Strategy That’s Winning Younger Consumers appeared first on The Financial Brand.

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Branding Strategy Millennials Innovation 36

The Paypers

JULY 31, 2024

US-based Ripple has joined forces with the National Federation of Associations of Central Bank Servers ( Fenasbac ) to augment the Brazilian fintech landscape.

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Fintech Innovation National US 41

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Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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American Banker

JULY 31, 2024

In addition to a new rule enabling more active review of large asset managers acquiring shares in FDIC-supervised banks, the FDIC board finalized living will guidance and requested public input on deposits.

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FDIC Management Compliance Regulation 36

The Paypers

JULY 31, 2024

Konsentus has announced that the Open Banking identity and regulatory checking solution Konsentus Verify is now available on Temenos Exchange.

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Image Works Direct

JULY 31, 2024

A few of our favorite things here at image.works are gaining knowledge, sharing our expertise and interacting with clients. Where is a better place to do that than at a conference?

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Branding Conference 36

The Paypers

JULY 31, 2024

US-based AI connector for B2B revenue teams Monto has completed a USD 9 million seed funding round.

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US 41

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