November 07, 2023
Fedwire Will Get Boost From ISO 20022 and Data-Rich Messaging
The Fedwire service continues to gain adherents and promises to transform payments. And as ISO 20022, the data-rich messaging standard, moves through a staggered implementation schedule across the global stage,...
November 07, 2023
Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud...
Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. In fact, fraud incidents increased by 13% in the past year, with FinTech...
November 06, 2023
Bumper Crop of BNPL Offerings Seek to Transform B2B Payments
Business payments, increasingly, are being transformed by a number of innovations that take their cue from the consumer realm. B2B transactions, of course, are complex and certainly considerable in size...
November 06, 2023
Tailoring AI Solutions by Industry Key to Scalability
Generative artificial intelligence (AI) systems are only as good as the data they’re trained on. And complicating matters is that the training data sets for today’s most popular, and most...
November 06, 2023
Meta Offers Holiday Bonus to Instagram Creators
Meta has introduced new tools to help creators on its platforms generate revenue. Among these offerings, announced Monday (Nov. 6) is a test of an invite-only holiday bonus for Instagram creators in the...
November 06, 2023
PSCU and Co-op Solutions Announce Merger
PSCU and Co-op Solutions, two credit union service organizations (CUSOs) and FinTech solution providers, have announced plans to merge. The move aims to offer credit unions innovative technology, better services, increased...
November 06, 2023
Grab Enables In-App Cashless Payments Via FinTech MoMo
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app...
November 03, 2023
Almosafer and Tabby Partner on BNPL for Travel Expenses
Almosafer, a consumer travel brand in Saudi Arabia, has partnered with Tabby, a shopping and financial services app in the Middle East and North Africa (MENA) region, to offer travelers...
November 03, 2023
Can Shop Cash Turn Shopify Into an Amazon Challenger?
I’m feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app. This was news to me, since...
One-Third of Credit Union Members Would Leave for Better Credit Products
Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.