Fri.Mar 31, 2023

article thumbnail

Cross River, FinClusive advance access to financial services

The Paypers

Embedded financial solutions provider Cross River has partnered with Compliance-as-a-Service (CaaS) infrastructure provider FinClusive to advance access to financial services.

article thumbnail

FedNow eyes cross-border enhancements

Payments Dive

The new real-time payments system from the Federal Reserve will arrive in July, and officials are already considering a cross-border upgrade.

System 300
Insiders

Sign Up for our Newsletter

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

article thumbnail

Mobile wallets, ATMs find roles in remittance market

ATM Marketplace

The remittance market is massive, valued at nearly $630 billion in 2022. Here's how mobile wallets and ATMs are playing a role in this space.

ATM 122
article thumbnail

Index Ventures partner talks fintech fundraising

Payments Dive

An investor at a VC firm that’s backed payments players Adyen, Plaid and Wise says it’s the right environment “to craft interesting deals.

Fintech 221
article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

article thumbnail

Fintech Funding: Versana raises $40M from major banks

BankInovation

Syndicated loan platform Versana raised $40 million from U.S. Bank, Deutsche Bank, Morgan Stanley and Wells Fargo — which are also the platform’s latest clients.

Fintech 97

More Trending

article thumbnail

An operational resilience enforcement threat looms

The Banker

Regulators in the UK and further afield are homing in on the operational resilience of firms in the financial services sector and those that serve it, write Bradley Rice, Adam Jamieson and Nisha Sanghani.

article thumbnail

200 companies automating regulatory and compliance efforts for financial institutions

CB Insights

Regulatory concerns have grown increasingly salient for both regulators and financial institutions in the face of market volatility, particularly amid the recent Silicon Valley Bank crisis. At the same time, financial innovation, rapid advances in AI modeling, and new digital customer data streams are making the nature of regulatory and compliance management significantly more complicated.

article thumbnail

Sergio Ermotti returns as UBS CEO | Apple launches buy now, pay later service | Elon Musk & tech leaders call for pause in ‘out of control’ AI race

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 50’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover Apple launches buy now, pay later service Elon Musk and other tech leaders call for pause in ‘out of control&

Apple 52
article thumbnail

ML helps banks identify root cause of call center complaints

BankInovation

Banks use AI, taxonomy and machine learning to identify the causes of call center complaints and create a more seamless client journey.

article thumbnail

The State of Automation in Financial Services 2024 Report

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

article thumbnail

Fortress partners MassPay to introduce global pay-outs

The Paypers

Fortress Web3 Technologies and MassPay have introduced a new global pay-out capability spanning over 175 countries and 70+ currencies, including crypto.

article thumbnail

This bank hired a hotel consultant to attract wealthy clients

American Banker

article thumbnail

Carahsoft reveals new identity offering powered by Okta and Socure

The Paypers

US-based Carahsoft has revealed a new identity offering powered by Okta and digital identity verification solutions provider Socure.

US 45
article thumbnail

Four fintechs that have scored big wins despite the banking crisis

American Banker

Fintech 91
article thumbnail

Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

article thumbnail

Computop partners with Toll Collect

The Paypers

International payment service provider Computop has partnered with Toll Collect to handle the payment processing for the latter’s Germany-based customers’ truck tolls.

article thumbnail

The polarizing question of credit unions buying banks

American Banker

83
article thumbnail

LeapXpert secures USD 22 mln in Series A+ funding round

The Paypers

Business communication platform LeapXpert has secured USD 22 million in a Series A+ funding round to drive US market expansion and launch a SaaS solution for SMBs.

article thumbnail

Can real-time payments reach smaller countries?

American Banker

article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

article thumbnail

JCB rolls out Vietcombank JCB platinum credit card in Vietnam

The Paypers

Japan-based payment brand JCB has partnered with the Joint Stock Commercial Bank for Foreign Trade of Vietnam to launch the Vietcombank JCB platinum credit card.

Cards 36
article thumbnail

TitleMax hack exposes 4.8 million customers' data

American Banker

Data 74
article thumbnail

Blackcatcard launches new Mastercard cards

The Paypers

Fintech Blackcatcard , issued by Papaya, has launched Mastercard plastic cards with new designs and extended capabilities for individuals and businesses alike.

Cards 36
article thumbnail

Banking news roundup

American Banker

article thumbnail

Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

article thumbnail

'Impact-as-a-Service' platform Spiral raises USD 28 million

The Paypers

‘Impact-as-a-Service’ platform Spiral has raised USD 28 million in Series A to help fintechs embed sustainability and drive positive change.

Fintech 36
article thumbnail

Could the Fed have stopped Silicon Valley Bank from selling hedges?

American Banker

article thumbnail

Walmart-owned PhonePe drops acquisition of fintech startup ZestMoney

The Paypers

Fintech platform PhonePe has halted its proposed acquisition of India-based Buy Now, Pay Later startup ZestMoney.

Fintech 41
article thumbnail

Recession scars are clouding our judgment — consumer markets are healthy

American Banker

article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.