San Francisco startup Insikt has brought in another $16 million in funding to grow its “lending as a service” business, TechCrunch reported on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After in-depth discussions regarding the need to speed the ACH process and alternative approaches, NACHA has issued an official Request for Comment for Same Day ACH. Released Tuesday (Dec. 9), the RFC outlines a proposal that would allow ACH payments to be cleared and settled...
Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...
As an end of year wrap-up, I thought I’d devote a few words to what the past year held for financial technology trends; a retrospective. Without further ado, some thoughts on how 2014 panned out. Get the Full Story Complete the form to unlock this...
Kevin Burke, Visa’s Chief Marketing Officer for its core products, has jumped to Square where he will “head up acquisition channels,” according to a statement Square issued on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As systems get secure, the biggest fear of many end-users is that they will be inadvertently locked out. The lack of human override capability can be frightening. Into this fray enters Apple and a recovery key hole created by the Apple ID two-factor authentication. Get...
Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...
The Electronic Payments Association on Thursday (Dec. 9) formally sought feedback on Same Day ACH. The NACHA plan, though, wouldn’t kick in for almost two years, as it would materialize in three phases starting in September 2016. Get the Full Story Complete the form to...
Don’t like the price on something on Amazon.com? No problem. Just offer Amazon a lower price and see if they go for it. This program, set to be announced Tuesday (Dec. 9) and called “Make An Offer,” limited to “one-of-a-kind” items such as collectibles and...
