BankInovation

SEPTEMBER 11, 2024

American Express and card-on-file management company Knot are launching a card-on-file payments solution to improve the payment experience at trusted retailers. “Amex has integrated with Knot’s CardSwitcher technology, which allows eligible card members to quickly and securely provide their payment information to participating merchants directly through the Amex website,” Stephanie Schultz, vice president and head […] The post Transactions: Amex, Knot launch card-on-file solution appeared

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Cards Retail Security Payments 77

Payments Dive

SEPTEMBER 11, 2024

The payments technology company is getting a remake with job cuts, an acquisition and potential divestitures a year after Cameron Bready ascended to the CEO post.

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Payments Technology Company 221

ATM Marketplace

SEPTEMBER 11, 2024

The BCX Awards honored SF Fire Credit Union, Talkdesk and Chongqing Rural Commercial Bank for innovation in banking.

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Payments Dive

SEPTEMBER 11, 2024

Fidelity National Information Services this week continued an annual program backing young fintechs that are striving to disrupt the financial services landscape.

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BankInovation

SEPTEMBER 11, 2024

NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows some growth. The $184 billion bank wants FedNow to reach 5% of demand deposit accounts (DDA) before joining the payment network. DDA’s allow deposited funds to be withdrawn at any time, Jon Briggs, head of […] The post KeyBank to hold off on FedNow until DDA reach hits 5% appeared first on Bank Automation News.

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BankInovation

SEPTEMBER 11, 2024

Michelle Beyo, chief executive of consultancy firm Finavator, will be featured in the upcoming Bank Automation News webinar “The future of open banking: Payments meet data,” taking place on Tuesday, Sept. 17, at 11 a.m. ET. Register here for the webinar. The free, 45-minute webinar moderated by BAN Editor Whitney McDonald will see industry leaders […] The post Webinar on future of open banking to feature Finavator’s Beyo appeared first on Bank Automation News.

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American Banker

SEPTEMBER 11, 2024

The card network is building a model for account-to-account payments, which are gaining popularity, while Swedish regulators criticize Klarna's money-laundering prevention efforts. That and more in American Banker's global payments roundup.

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BankInovation

SEPTEMBER 11, 2024

TD Bank was ordered to pay $28 million in fines by the Consumer Financial Protection Bureau, which ruled the bank had shared inaccurate information about its customers to consumer reporting companies. Consumer reports are used by financial institutions and other lenders to determine access to credit, housing or employment. By sharing inaccurate information regarding bankruptcies […] The post CFPB fines TD Bank $28M appeared first on Bank Automation News.

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Report Company Regulation Retail 79

The Paypers

SEPTEMBER 11, 2024

MENA-based financial services enabler Paymob has extended its Series B funding round to USD 72 million, to maintain profitable growth in its core market.

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Marketing 73

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American Banker

SEPTEMBER 11, 2024

A coalition of 105 organizations has analyzed the flow of financing to large, greenhouse-gas-emitting livestock operations and found these three banks do the bulk of loans.

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Lending Operations Technology 58

The Paypers

SEPTEMBER 11, 2024

First Citizens Bank has announced that its business and consumer banking customers can now instantly receive payments into their savings and checking accounts through the national RTP network.

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American Banker

SEPTEMBER 11, 2024

The latest violations come as the bank expects to face more than $3 billion in regulatory fines for anti-money-laundering failures.

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Report Compliance Regulation 41

The Paypers

SEPTEMBER 11, 2024

Embedded finance platform Liberis has partnered with fintech myPOS to enable the latter to offer revenue-based financing for SMEs in 10 European countries, starting with the UK.

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Fintech 68

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Marketing

American Banker

SEPTEMBER 11, 2024

Fieldpoint Private Bank & Trust and its parent company entered a written agreement with state and federal supervisors pledging to address several compliance issues.

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Connecticut Compliance Company Regulation 41

The Paypers

SEPTEMBER 11, 2024

Bold Commerce has announced a new collaboration with PayPal to integrate Fastlane by PayPal with Adobe Commerce (formerly Magento).

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American Banker

SEPTEMBER 11, 2024

As banks deploy AI to cut costs, some face pressure to define long-term value, Finovate speakers said this week.

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The Paypers

SEPTEMBER 11, 2024

Germany-based B2B BNPL payment provider Mondu has partnered with Stripe to equip B2B merchants and marketplaces with the ability to offer flexible invoice payments via Stripe.

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Payments 45

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American Banker

SEPTEMBER 11, 2024

Berkshire Hathaway began selling BofA shares in July and has whittled its stake down to just above 11%.

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The Paypers

SEPTEMBER 11, 2024

Reach , a cross-border payment solution provider, has partnered with DisputeHelp to reduce chargebacks and minimise fraud losses for their partners.

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Fraud Payments 41

American Banker

SEPTEMBER 11, 2024

The Federal Reserve's inspector general says the reserve bank CEO did not trade on confidential information or have conflicts of interest, but did violate central bank rules and policies.

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The Paypers

SEPTEMBER 11, 2024

Enfuce , a company specialising in issuer processing, has announced the expansion of its E2 card to the UK, France, and Germany, in partnership with Mastercard.

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Cards Marketing Company 41

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American Banker

SEPTEMBER 11, 2024

The regional bank has already seen a large reduction in "criticized" loans, and it expects that trend to pick up as lower borrowing costs alleviate the pain in the commercial real estate sector.

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The Paypers

SEPTEMBER 11, 2024

UAE-based fintech FlapKap has secured USD 34 million in pre-series A to optimise its tech infrastructure and expand across the GCC.

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Fintech Security 41

American Banker

SEPTEMBER 11, 2024

Banks and consumers report fraud at higher rates than they did before the pandemic, and those cases have continued getting costlier.

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Fraud Report Technology 36

Image Works Direct

SEPTEMBER 11, 2024

In a previous blog post , we explored marketing to Gen Z and covered their broad marketing expectations.

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Marketing 36

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