Payments Dive

JULY 26, 2022

The e-commerce juggernaut said it’s offering a new digital wallet service to its sellers and planning to roll it out more broadly over the “next few months.

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Cisco

JULY 26, 2022

It’s Blockbuster Night! Say that to any Gen-Xer and it should bring a smile and recollection of days gone by. Netflix took Blockbuster by storm and grew from mail order DVDs to the streaming behemoth they are today. One day, will we reminisce about brick and mortar financial services companies being replaced by digital-first financial services companies like Alipay, Block, Grab, Klarna and Paypal?

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Security Operations Leadership Data 162

Payments Dive

JULY 26, 2022

The B2B payments services provider has quickly attracted investors, including Forerunner and Salesforce Ventures, since its founding in 2020.

Payments 244

Payments 244

ATM Marketplace

JULY 26, 2022

By utilizing a Cash Discount Program, merchants can save money and pass on those savings to customers.

ATM 132

ATM 132

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Payments Dive

JULY 26, 2022

After Discover disclosed an internal investigation into its student loan practices, the company’s stock price dropped more than 8% on July 21, attorneys noted.

Company 195

Company 195

William Mills

JULY 26, 2022

We all know the credit union philosophy is “people helping people.” Credit unions across the country and worldwide are committed to supporting their members and communities by doing whatever it takes to lend a helping hand. Many credit unions regularly and freely give praise and recognition by sharing a member shout-out or a community spotlight. Something they’re not always so quick to do?

Industry 77

Industry Marketing Community Lending 77

TheGuardian

JULY 26, 2022

FCA’s new rules are expected to help reduce call wait times, end rip-off charges and make it easier to change investments Senior bosses at City firms could face fines and have their bonuses docked if they fail to put consumer needs first, in one of the biggest overhauls of financial regulation in a decade. Rules being rolled out by the Financial Conduct Authority (FCA) will force financial firms – including banks, insurers and investment firms – to focus on delivering “good outcomes” for custome

Regulation 71

Regulation Industry 71

CB Insights

JULY 26, 2022

Venture capital investors scaled back crypto investments in Q2’22 due to macroeconomic pressures and concerns about crypto valuations and stablecoins. Global funding fell by 29% quarter-over-quarter. Below, take a look at a few highlights from our 192-page, data-driven State of Blockchain Q2’22 Report. For all the record figures, private market data, and deeper insights, download the full report.

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blockchain Report Regional Trends 68

BankInovation

JULY 26, 2022

Equifax announced today its plans to acquire fraud solution Midigator to enhance its digital identity and fraud prevention capabilities as chargebacks and transaction disputes rise. In 2022, global e-commerce sales are expected to reach $5.5 trillion, and as e-commerce transactions rise, fraud, too, is expected to surge, according to an Equifax statement.

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Fraud Data Security 52

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Tomorrow's Transactions

JULY 26, 2022

CBDCs are everywhere – and nowhere. Everyone is discussing them, but almost no one is actually deploying them. Sure, this is in part due to the early stage thinking that is going into working out what is actually required but it’s also due to the tricky business of actually working out how they would be… Continue reading CBDC’s – wallets, liability and acceptance.

System 54

System cryptocurrency Security Marketing 54

BankInovation

JULY 26, 2022

Buy-now-pay-later (BNPL) use in the U.S. has more than doubled since 2020. “[T]hat’s not much of a surprise if you follow digital payment trends throughout the pandemic,” Jordan McKee, principal research analyst at S&P Global Market Intelligence, said recently during the company’s “Financial Services and Tech Companies at the Crossroads” webinar.

Strategy 52

Strategy Trends Marketing Payments 52

The Paypers

JULY 26, 2022

Norway-based IDEX Biometrics has partnered with a Turkey-based issuer to launch biometric payment cards for the local market.

Cards 53

Cards Payments Marketing 53

BankInovation

JULY 26, 2022

To survive in the market long-term, financial service companies today are focusing on customer and member success. With evolving customer expectations, recent technology advancement, and growing competitive threats, it’s more important than ever for banks to create digital, personalized and connected experiences for their customers. The current economic conditions and recessionary concerns are pushing banks […].

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Technology Marketing Company 52

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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CB Insights

JULY 26, 2022

Retail banks are tasked with protecting their customers and businesses from fraud, financial crime, cyber threats and other risks in order to preserve the well-being of their organizations and the global financial system. In this report, we evaluate 10 tech markets that retail banking leaders should monitor , vet , and prioritize toward this effort, including: Cloud security.

Fraud 36

Fraud Retail Management Technology 36

BankInovation

JULY 26, 2022

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce Tuesday, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the Covid-19 pandemic didn’t pay off. The move will eliminate about 1,000 jobs out of 10,000 or so total employees at Shopify. Most of the affected […].

Payments 52

Payments 52

The Paypers

JULY 26, 2022

Finverity , a mid-market supply chain finance platform focused on emerging markets, and FIMBank , a provider of trade finance, factoring, and forfaiting solutions, have partnered to improve supply chain finance (SCF) and factoring solutions to mid-market companies globally.

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Marketing Company 36

BankInovation

JULY 26, 2022

Core provider Fiserv continues to seek innovation opportunities for its customers through acquisitions and organic investments. "These investments and accelerated revenue growth resulted in higher capital expenditures and working capital leading to free cash flow of $658 million for the quarter and $1.3 billion year to date," Frank Bisignano, chief executive at Fiserv, said during […].

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Innovation Capital Payments 52

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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The Paypers

JULY 26, 2022

UK-based A2A payments provider GoCardless has rolled out Variable Recurring Payments, enabling financial providers to prepare for CMA as the ‘sweeping’ approaches.

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Payments 36

American Banker

JULY 26, 2022

Compliance 74

Compliance Regulation 74

The Paypers

JULY 26, 2022

US-based Ripple , enterprise blockchain and crypto solutions provider, has announced a partnership with Singapore-based payments institution FOMO Pay.

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Management blockchain US Payments 34

American Banker

JULY 26, 2022

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Texas Capital 69

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

The Paypers

JULY 26, 2022

Finexio , a B2B accounts payables (AP) Payments-as-a-Service company, has announced the first close of its USD 30 million funding round at a USD 100 million pre-money valuation.

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Payments Company 28

American Banker

JULY 26, 2022

Payments 69

Payments Lending 69

The Paypers

JULY 26, 2022

Singapore's central bank and Google 's cloud computing arm have teamed up to drive the growth of technology-enabled climate finance solutions in Asia over the next three years.

Google 28

Google Technology 28

American Banker

JULY 26, 2022

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Washington Compliance Regulation Fintech 69

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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