With open banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves. Though not a new technology,...
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Consumers with poor credit and a lack of savings have few good borrowing alternatives when unexpected expenses arise. In the new Faster Payments Tracker, DecisionLogic CEO David Evans says real-time data tools could make a difference (by using cash flow as a proxy for subprime...
It was the gasp heard ‘round the world last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Damon Runyon — the American author who created characters like Sky Masterson, immortalized in “Guys and Dolls,” and enamored with rolling the dice — once wrote: “The race is not always to the swift, nor the battle to the strong, but that’s the way to bet.”...
The infrastructure is in place for real-time payments. Peer-to-peer (P2P) transactions are setting the stage for wider acceptance of paying bills and conducting commerce 24/7. Craig Ramsey, head of real-time payments at ACI Worldwide, lays out how digital overlays and real-time rails will be ready...
Interpol is coming out against strong encryption, saying it protects child sex predators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Sterling Bancorp announced that it has launched its new Innovation Finance Group, and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. The new group will provide a full suite of lending and banking products for growing technology companies at every...
Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the Wall Street Journal (WSJ) reported on Sunday (Nov. 17). Get the Full Story Complete the form to unlock this article...
