October 16, 2023
RoadSync Introduces Logistics Platform With Real-Time Payments Option
RoadSync, a FinTech for the supply chain, has launched RoadSync Pay, a platform designed to modernize logistics payments for brokers and carriers. With RoadSync Pay, brokers can schedule and automate...
October 16, 2023
Banks Combine AI and Communication to Combat the Rising Threat...
With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example, 11% of consumers who paid...
October 16, 2023
New Australian Bill Seeks to Regulate Digital Asset Platforms
The Australian Treasury has put forth a new regulatory proposal aimed at bringing digital asset platforms under the purview of the Australian Financial Services Licence (AFSL) framework. The proposed changes...
October 16, 2023
Jack Henry Debuts Defense Against Money Laundering
FinTech company Jack Henry has introduced a new tool to help banks combat fraud. The firm’s Financial Crimes Defender, announced Monday (Oct. 16), is a cloud-native, real-time fraud and anti-money laundering (AML) tool...
October 16, 2023
Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is...
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in...
October 13, 2023
NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division
NMI, a full commerce enablement technology company, has acquired software and payments technology company Sphere’s Commercial Division. This move aims to enhance NMI’s underwriting and risk management capabilities, while also providing...
October 13, 2023
JPMorgan Chase Card Spending Grows 8% as Consumers Draw Down...
Banking juggernaut J.P. Morgan Chase reported earnings on Friday (Oct. 13) that showed resilient card spending, but a drawdown of deposits and a gradual uptick in charge-offs. Earnings supplementals show that...
October 13, 2023
Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index...
Bank earnings start Friday. That means we’ll get management commentary on everything, from interest rates to loan performance to consumer spending. The read across will be there for the members...
October 12, 2023
Astra and Till Financial Partner to Enhance Family Banking Solutions
Astra, an infrastructure provider for faster payments, partnered with Till Financial, a company focused on collaborative family banking. The partnership aims to offer financial solutions designed for families, enhancing “Till’s...
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.