July 17, 2023
EnKash Launches Small Business Financial Operations Platform
EnKash has launched a 360-degree full-stack payable, receivable and reconciliation platform designed for small and medium-sized businesses (SMBs). The new Olympus platform is a plug-and-play solution that seamlessly interconnects accounting...
July 17, 2023
Bottomline and Pay.UK Team on Fraud Prevention
Payments FinTech Bottomline has teamed with Pay.UK to help companies prevent fraud. The collaboration, announced Monday (July 17), sees Pay.UK — the recognized standards body for the U.K.’s national retail...
July 17, 2023
SEC Chair Gary Gensler Says Agency Developing Rules for AI...
The Securities and Exchange Commission (SEC) will be using current authorities to regulate the use of new artificial intelligence (AI) tools. SEC Chair Gary Gensler said that while outlining challenges...
July 17, 2023
CFPB and European Commission Open Dialogue About Digitization of Finance
As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice and consumer protection of the...
July 17, 2023
FSB Unveils ‘Same Activity Same Risk’ Crypto Rules
Same activity, same risk, same regulation. That’s the guiding principle behind the proposed regulatory framework for cryptocurrency released by the Financial Stability Board (FSB) on Monday (July 17). The framework, the international watchdog...
July 17, 2023
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. The bank (NAB) on Monday (July 17) announced it was introducing new customer protections by prohibiting some payments...
July 17, 2023
FedNow’s Future and What the Triple Clock Theory Says About...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to...
July 17, 2023
PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy
The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can steer you to the products...
July 17, 2023
What All Banks Can Learn From Bank of England’s June...
When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Boring implies there have been no hiccups...
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.
