Search results for "FinTechs"

May 17, 2024
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions

Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations. The companies’ new Disbursement Hub is designed to help financial institutions meet the challenge of the evolving regulatory landscape around...


May 16, 2024
Dwolla and Visa Partner on Account Verification for Pay-by-Bank

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. With this collaboration, Visa’s open banking solutions are...


May 16, 2024
Visa and SKUx Team to Promote Digital Consumer Payments

Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions — supporting a variety...


May 16, 2024
Basel Committee Warns Against Banking Digitalization Risks

A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May 16) that examines implications of...


May 15, 2024
Paymentology and Audax Partner on Cards-as-a-Service Solution

Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card program. With the Cards-as-a-Service (CaaS)...


May 15, 2024
Mastercard Selects 5 Startups for Blockchain and Digital Assets Program

Mastercard has selected five startups from around the world to participate in its Start Path Blockchain and Digital Assets program. This program is designed to connect Mastercard with industry experts...


May 15, 2024
VantageScore Unveils Credit-Scoring Model That Includes Alternative Open Banking Data

VantageScore unveiled a new credit-scoring model that uses both traditional credit data and alternative open banking data. The combination gives lenders a predictive lift of up to 10% compared to the...


May 15, 2024
Toggle AI Acquires Atom Finance to Bolster Investment Platform

Toggle AI says it is acquiring financial data/analysis platform Atom Finance. The company, which provides artificial intelligence (AI) solutions for investing to hedge funds, banks and brokerages, announced the deal in a Wednesday (May...


May 15, 2024
British Payments Sector Protests Fraud Reimbursement Rules

The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. Dozens of members of the Payments Association have written to the British economic secretary to...


The Path to FinTech Profitability Must Be Fraud-Proof
Threat of Deepfakes Drives Two-Thirds of FinTechs to  Boost Fraud Budgets With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Staying Ahead Through Payments Innovation
Less Than One-Quarter of Credit Unions Offer Real-Time Payments, Disappointing Members Nearly two-thirds of account holders demand more payment options, including real-time payments, and may switch to other FIs perceived to be more innovative, according to PYMNTS’ latest study of 4,282 U.S. consumers and 150 credit union executives, “Credit Union Innovation: Staying Ahead Through Payments Innovation,” a collaboration with PSCU.