PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Tyfone Connects FIs To Payrailz.

Fintech 277

Fintech Cards Technology Samsung 277

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment.

Compliance 182

Compliance Regulation Fintech Resources 182

Cisco

JULY 26, 2022

The pandemic brought into focus the need for financial institutions to become more agile and resilient in the event of any disruption, not just from innovative competitors. Organizational agility is about looking for innovative ways to build resilience, protect revenue streams, streamline operations, and ensure employee engagement.

Security 162

Security Operations Leadership Data 162

PYMNTS

SEPTEMBER 25, 2019

In the continued drive for collaboration between the FI and FinTech, between governments and financial services providers, efforts this past week focused on the Middle East and support for new initiatives. The portal contains APIs that, as reported, “enable developers to quickly build innovative services that securely connect to select U.S.

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Fintech Innovation blockchain Data 158

PYMNTS

JULY 10, 2020

Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. It’s why, said Muller, payment innovators in the cannabis market must keep a macro view while targeting micro use-cases and user populations.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

SEPTEMBER 8, 2020

In the mad dash for small firms to secure capital, many sought their PPP loans from banks other than their usual financial service providers, creating a logistical nightmare for financial institutions (FIs) that still rely on manual and outdated customer onboarding workflows. On Tuesday (Sept.

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Fintech Compliance Fraud social media 198

PYMNTS

JULY 10, 2020

As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML. The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

OCTOBER 29, 2018

The greater availability of data gives financial institutions (FIs) and FinTech firms alike insight into customers’ behaviors, habits and preferences, allowing them to develop more effective tools, products and features. While these initiatives are spurring more focused financial services innovations, they also come with challenges.

Security 192

Security Fraud Tools Data 192

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Nium Uses Cards For Credit.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

JULY 10, 2020

As digital health services expand, so too is the demand for digital identity authentication systems to ensure fast, safe and seamless transfers of healthcare information they collect. How HealthTap Meets Flexible Telehealth, Data Security Demands. About The Tracker.

Security 208

Security Indiana Meeting Data 208

PYMNTS

MAY 24, 2019

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.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space.

Security 139

Security Report CA Fraud 139

PYMNTS

JANUARY 28, 2021

As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers. In addition to connecting stakeholders to information about where a global payment is at any given time, iBanFirst will also provide insight into factors that may cause potential delays.

Innovation 154

Innovation Cards Payments Capital 154

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. Making sure customers can access banking services with ease is crucial — but so is keeping those services secure.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

JANUARY 7, 2019

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties. Sandboxes, Gathering Steam.

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Lending Fintech Data Wyoming 150

FICO

APRIL 9, 2019

The good news is that consumer-permissioned data is providing the industry a platform for further innovation. This unprecedented data access and insight is made possible through connections to financial institutions that provide secure, simple data sharing for use in countless financial applications and products.

Security 66

Security Innovation Data Customer Experience 66

Bank Innovation

FEBRUARY 28, 2018

Payments company PayPal has reached a settlement with the Federal Trade Commission (FTC) on claims that its social payments platform Venmo failed to disclose information to costumers on security and privacy issues.

Security 186

Security Payments Company Compliance 186

PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P. Just a few weeks after the U.S.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

JUNE 25, 2019

Collaborating with FinTechs means FIs can create innovative tools and consumer-facing features, but it also throws the established banking world into flux. They are [already] being challenged by a lot of the FinTechs and the larger technology companies.”. Open Banking and the Customer Service Shift.

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Fintech Customer Experience Data User Experience 122

Bank Innovation

DECEMBER 28, 2018

In October, the Financial Services Information Sharing and Analysis Center, an industry group that analyzes and shares cyber and physical threat intelligence, took on the challenge of finding a secure way to transfer information. Sharing data while keeping it safe is a major issue for financial service companies.

Data 186

Data Analysis Fintech Groups 186

PYMNTS

SEPTEMBER 29, 2017

PingPong Financial Group , a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. was issued the license by Minister of Finance Pierre Gramegna of Luxembourg, making it the first Chinese FinTech company to establish European offices in the country.

Security 129

Security Payments Fintech United States 129

PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.

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Management Innovation blockchain Capital 100

Insights on Business

DECEMBER 7, 2017

Two years ago I wrote an article on the 6 biggest trends in FinTech. In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. Artificial Intelligence and Machine Learning.

Trends 145

Trends Technology Fintech blockchain 145

PYMNTS

MAY 30, 2018

On top of that, there’s the complication of doing all of it with legacy systems that can’t always withstand innovative changes, new business models or the latest wave of digital disruptors that seem to be upsetting the industry applecart. Why Banks Need FinTechs. Why FinTechs Need Banks. There’s a good reason for this.

Fintech 160

Fintech Regulation Compliance Innovation 160

NCR

JULY 4, 2017

If the past few years has proven anything about financial services, it’s that innovation is the lifeblood of the industry, particularly where competition and greater consumer choice are concerned. The new generation of fintechs have relied on innovation to carve out their niche in the market. Image: iStock/chombosan.

Innovation 40

Innovation Fintech Regional Security 40

PYMNTS

JUNE 1, 2020

This is similar to the card aggregation solutions that fellow FinTech Curve offers. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”. We are using ML to add an extra security layer to keep [customers] safe. …

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 7, 2016

It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. The city’s FinTech reputation and tech sector are on the rise. Manchester has a proven track record of supporting FinTech investments complemented by a high-caliber of talent,” he continued.

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Fintech Industry Big Data Trends 201

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

Abrigo

SEPTEMBER 11, 2023

While leaders must learn and stay informed about innovations, it’s helpful to remember in the process that they often result in life-changing improvements for our businesses and our consumers. Take the financial services industry as an example. Let us step back in time and look at the last 50 years.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

SEPTEMBER 19, 2017

While non-bank financial institutions (FIs) and FinTechs may be keeping traditional banks on their toes, banks still have the largest piece of the corporate banking pie. Regardless of FinTechs and the solutions banks choose to deploy, Finastra and Celent emphasized the importance of integration.

Innovation 108

Innovation Survey blockchain Lending 108

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

MARCH 1, 2020

The payroll software makes it easier for companies to manage workers’ salary information. “It This strategic partnership will facilitate workers in this segment with a bank account and empowering them [with] digital banking [solutions] as well as financial security.

Fintech 130

Fintech ATM National Maine 130

PYMNTS

JUNE 24, 2019

While banks continue to open their application programming interfaces (APIs) to third-party providers and FinTech firms, many are still in the dark when it comes to SCA. Banks are being forced to share the spotlight with a rising number of FinTech firms as Open Banking expands.

Fintech 161

Fintech Regulation Compliance Data 161

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Easing The PPP Loan Burden. Prioritizing B2B Payments Digitization. ”

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Fintech Technology Operations Company 166

PYMNTS

OCTOBER 29, 2020

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S. TrueLayer Launches in Australia.

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US Fintech Tennessee Compliance 203