Sections
financial services
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1.0KToday In DataFor Credit Unions, Data As Competitive Advantage
Data, data everywhere. For credit unions, data may be the conduit to competing with banks. As found in the latest PYMNTS Credit Union Tracker,...
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759InvestmentsMyMoneyMantra Financial Marketplace Lands $15M For Expansion
Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private...
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3.4KAuthenticationThe Future Of Compliance: Using Data Better
In the pre-digital age of financial services, AML/KYC was a very slow process. The government would put out their lists of sanctioned...
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3.3KPlatform Paymentsi2c On Brex And ‘Fast Twitch’ Innovation
The good old days of a two-year product development cycle are pretty much over. These days, no matter how creative, innovative and...
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3.2KDigital BankingInstaReM CEO: Why We Want A Digital Banking License
When Facebook’s Libra news broke like a tidal wave on the payments and commerce ecosystem a few weeks ago, there was no...
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1.5KToday In DataDelivering Faster And More Secure Payments
The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. In the...
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3.2KDigital PaymentsNew Wirecard App Offers Full Gamut Of Financial Services
Payment company Wirecard is introducing a new service called boon Planet, a mobile payment app, the company said in a release. With...
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2.1KMobileSantander Shows One Way Forward For 5G And Banks
Financial institutions are constantly on the hunt for an edge when it comes to mobile banking and other innovations, and that’s playing...
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1.4KCryptocurrencyFacebook Crypto To Face Scrutiny By European Central Bankers
While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts,...
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1.1KSouth East AsiaGrab Considered Buying Payments Provider 2C2P
In a sign of Grab’s ambitions in the financial services space, the Singapore ride-hailing firm reportedly had discussions to acquire payments provider 2C2P...
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1.5KInternationalRevolut Expands Beta Version Into Australia
Financial technology company Revolut has ventured beyond Europe and into Australia as of Thursday (June 13), according to a report. However, it...
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3.6KPartnerships / AcquisitionsCiti Teams With Grab On Co-Branded Credit Cards
Citigroup is teaming up with Grab, the ride-hailing startup out of Singapore, to roll out co-branded credit cards. Reuters, citing Gonzalo Luchetti,...
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3.0KPayments InnovationUber Plans Expansion Into Financial Services
Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. The company has reportedly been...
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1.9KDigital PaymentsLINE Pay, Visa Partner For Digital Payment Offerings
LINE Pay, the operator of digital wallet and FinTech services on the LINE messaging app, announced on Thursday (June 6) that it...
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2.2KAuthenticationFor Verification, Biometrics And Passwords Solve Different Needs
Logins are a routine part of digital life — from shopping online to paying bills to accessing medical records — but proving...
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2.0KB2B PaymentsWells Fargo Restructures Commercial Banking Business
Wells Fargo announced on Tuesday (June 4) that it has restructured its commercial banking business. In a press release, Wells Fargo said...
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2.3KB2B PaymentsMarketplace Lending At The Crux Of Changing SMB Finance Tides
The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially...
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6.4KPartnerships / AcquisitionsVodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
Kenya’s Safaricom has announced that it is partnering with Vodacom to acquire the intellectual property rights to the M-Pesa mobile financial services...
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1.6KInvestmentsPayJoy Raises $20M To Boost Smartphone Ownership
PayJoy, the startup that enables people in emerging markets to purchase smartphones via installment payments and access cash loans, has raised $20...
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4.4KPayment MethodsCBD Companies Can Process Payments Through Square Now
Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Forbes, citing Square,...
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2.1KAuthenticationCiti Adds Biometrics To Its ‘Security Perimeter’
A single data breach costs a business $3.86 million on average. The high risks and costs of breaches, says Tapodyuti Bose, Global...
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2.3KB2B PaymentsGrab Moves To Spin Off FinServ Assets
Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8)....
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1.6KInvestmentsPlaid Is Looking To Hire In Europe
Plaid, the FinTech platform provider that recently raised $250 million in venture funding, is gearing up to expand into Europe. According to...
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3.7KB2B PaymentsHypur Enables B2B Payments For CBD eMerchants
Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the...
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5.6KSecurity & FraudCracking FIs’ 90/10 Data Monetization Problem
When seven CEOs of the largest banks in the United States gathered on Capitol Hill earlier this month, the topics and questions...
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3.1KToday In DataBoosting The Good Growth And Killing The Weeds
As flowers are blooming in real gardens for spring, innovative ideas are blooming metaphorical gardens in payments and commerce. Things are getting...
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4.1KB2B PaymentsMYOB Calls For Two-Factor Authentication Mandate
Australian small business cloud accounting company MYOB is calling for legal action to address the security risks facing small businesses, reports in...
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3.0KHealthcareAnt Financial’s Health Plan Has More Than 50M Participants
Ant Financial Services Group, the payment affiliate of Alibaba, launched a health aid plan in China that has landed more than 50...
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3.3KInvestmentsKyriba Raises $160M As Bridgepoint Becomes Majority Owner
Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of...
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5.4KLoansSoLo Adds Mastercard Integration To P2P Lending Platform
SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform....
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2.9KToday In DataIs Retail The Next Frontier In Banking?
Consumers are willing to bank with non-financial institutions – particularly big-name brands – if they are able. FIs are flagging when it...
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3.7KGlobal PaymentsSociété Générale, Elavon Team Up For Payment Services Across Europe
Global payments provider Elavon and financial services group Société Générale have partnered up for payment acceptance and acquiring services throughout Europe, according...
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10.4KDigital BankingWhy FIs Must Be ‘Too Good To Fail’
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where...
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7.1KInvestmentsAffirm Raises $300M In Series F Funding
Financial services company Affirm has raised $300 million in a Series F funding round, the company said in a press release. The...
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5.0KB2B PaymentsFundbox Strengthens Synchrony’s SMB Financing Position
B2B payments and finance company Fundbox is expanding its partnership with consumer financial services company Synchrony in a deal that will expand...
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4.9KB2B PaymentsWells Fargo’s Corporate Banking Business Struggles To Bounce Back
Wells Fargo’s corporate banking operations are struggling to bounce back as well as its consumer financial services have done in the wake...
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4.0KBankingLazada To Expand Its Financial Services
Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a...
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4.9KAlternative FinancesBuilding A Better On-Ramp For Credit Repair
Self Lender Founder James Garvey never thought he would go into financial services, and certainly never thought financial inclusion would become a...
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6.9KBlockchainFinancial Services: Blockchain-Based And Decentralized
The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well,...
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3.8KFintech InvestmentsGrab Financial Gets In SME Lending, Insurance
Grab Financial Group, the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in...
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14.7KPartnerships / AcquisitionsFIS Buys Worldpay In $35B Cash, Stock Deal
Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce...
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12.0KRegulationPeople’s Bank Of China To Regulate FinTech
The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology...
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3.7KSizzle/FizzleSizzle/Fizzle: Brexit And The Waiting Game
Brexit takes its place as the big fizzle of the week. And to caption what happened, we might say that this week...
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7.7KDigital BankingPaytm Launches New Mobile Banking App
Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. The...
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5.3KB2B PaymentsHow SMB FinTech Firms Boost Data Sharing Without Open Banking
For proponents of open banking, the regulatory initiative seen in the U.K. and Europe is a natural progression from the surge in...
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4.6KB2B PaymentsCorporates Keep Coffers Open To Blockchain
Businesses continue to invest in blockchain technology as more service providers, particularly in the finance arena, pull their distributed ledger innovations out...
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7.3KBankingJPMorgan To Combine Middle-Market Tech, Emerging Growth Banking Units
JPMorgan Chase & Co is melding its middle-market technology and emerging growth commercial banking units to better deal with startups that become...
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8.3KDigital BankingAnt Financial Launches Banking As A Service Platform
Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. In...
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5.3KSecurity & FraudMicrosoft: State-Sponsored Hackers Siphoned Money From Several FIs
Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.”...
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5.2KB2B PaymentsIndustry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
The South African economy has struggled in the last decade. Gross domestic product (GDP) growth has failed to surpass 4 percent, with...
