Remove Financial Technology Remove Innovation Remove Security Remove US
article thumbnail

US Finance Crimes Org Calls For Private Sector Innovation

PYMNTS

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

article thumbnail

Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. Corporate payments have not seen the same level of innovation as consumer payments.

Security 143
Insiders

Sign Up for our Newsletter

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

article thumbnail

Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund

PYMNTS

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. In other news, the Korea Internet & Security Agency (KISA) announced that it plans to support blockchain-related projects in 2020 with 10.5

article thumbnail

Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

article thumbnail

Synchrony Acquiring Allegro To Grow Health Financing

PYMNTS

“Throughout its history, Allegro Credit has built a reputation for service excellence and innovation,” CareCredit CEO Beto Casellas said in the announcement. We see an amazing opportunity to amplify our differentiated innovative offerings through Synchrony and CareCredit’s network, reach and scale.

article thumbnail

Mastercard Leads Investment In Mobile FinTech Mobeewave

PYMNTS

Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.

Mobile 199
article thumbnail

US Government Sees The Benefits Of Blockchain

PYMNTS

According to the resolution, digital currencies increase transparency and provide more secure payment authentication. Blockchain is considered to increase trust in financial services because blockchain ledgers are tamper-proof.