Sections
financial services
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975Today In DataToday In Data: The Seen And Unseen Advantages Of The Digital World
The world of financial services is no longer going digital – it’s gone digital, a fact confirmed by the recent spree of...
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3.3KLoansHas Microlending Lived Up To The Hype?
Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over...
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2.6KPartnerships / AcquisitionsFiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal...
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3.8KInternationalDidi Chuxing Offers Financial Services
Didi Chuxing, China’s largest ride-hailing company, has debuted a slew of financial products for workers, according to reports. The company will offer...
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1.9KPartnerships / AcquisitionsMoneyGram, Kroger Pair On Bill Pay
MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company....
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3.5KBankingSquare Takes Another Shot At A Banking License
San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to...
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2.7KBrexitWhat Delayed Brexit Vote Means For Financial Services
A critical vote on Brexit has been delayed in Britain’s parliament. What happens next is anyone’s guess, and might even include the...
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1.9KB2B PaymentsBrexit To Slash UK FinServ Exports To EU
A new report from think tank Centre for European Reform has warned that the U.K.’s financial services exports to the European Union...
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4.4KBankingBIS Head: Amazon, Alipay Pose Risk To Banks
Amazon, Alibaba’s payment affiliate Alipay and other internet and Big Data players are a threat to traditional banks, warned Agustín Carstens, head...
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3.5KB2B PaymentsTD Bank Customizes Financial Services For Healthcare Industry
TD Bank is introducing new services in Canada designed to address the unique financial services needs of the healthcare sector. Announced in...
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2.8KDigital PaymentsNovoPayment Expands Its Developer Hub With More APIs
NovoPayment, an enabler of digital financial services, announced Wednesday (November 28) the expansion of its Developer Hub to include new partner-integrated application...
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3.5KSecurity & FraudUK Financial Firms Plagued By Tech Outages
Financial Services companies in the U.K. aren’t doing a good job keeping their IT systems up and running, with the Financial Conduct...
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5.6KBankingKPMG: In Open Banking, ‘Fortune Favors The Brave’
Nearly a year on, Open Banking has a bit of mileage behind it and roadmap stretching ahead. Far-flung governments are requiring banks...
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6.4KConsumer FinanceNEW DATA: With Wages And Hopes High, Why Are Consumers Behind On Bills?
The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the...
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3.5KRegulationBig Tech’s FinServ Moves Prompt EU Regulatory Probe
Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether...
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4.2KPartnerships / AcquisitionsMastercard, Accion Offer MSMEs Funds, Technology
Mastercard and global non-profit Accion have announced a first-of-its-kind partnership to transform millions of underserved micro and small businesses around the world....
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3.3KAlternative FinancesFinlok And Building Better Financial Services For Young Indian Consumers
In the course of conversations with many innovators and entrepreneurs about how they ended up founding the firms they founded, we tend...
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3.8KNewsFive At Five: Do Banks Really Appreciate SMBs?
Welcome to Five at Five, your daily look at the payments and commerce news of the day. Today’s coverage includes new data...
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3.2KToday In DataToday In Data: The Hidden Costs Of Digitization
That the world is going online rapidly no longer qualifies as headline news: New internet users grew by 248 million last year, and...
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2.6KNewsMarqeta Expanding Overseas, Sets Up Shop In The UK
Marqeta, a U.S. financial technology startup backed by Goldman Sachs, is expanding overseas. Investing.com, citing a Reuters report, said that the company,...
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2.3KToday In DataToday In Data: Digital Solutions To Inefficient Problems
The world is full of inefficiencies, some more grating than others – such as B2B transactions’ ongoing reliance on paper for payments to the...
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4.6KB2B PaymentsHSBC Enhances Business Banking With API Suite
HSBC is rolling out a suite of application programming interfaces (APIs) to support FinTech collaboration and enhance its corporate financial service offerings. In...
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3.2KEuropeCitizens Advice Files Complaint With British Regulator
Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers...
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3.3KSecurity & FraudSources Say Facebook Wanted Financial Data For Years
Facebook may be under fire for how it handles the data on its more than two billion monthly active users, but the...
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2.5KBankingSalesforce Seeks To Unwind FIs’ ‘Data Spaghetti’ In Unified Services Quest
FIs have their work cut out for them when it comes to giving consumers what they want. After all, ours is an...
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6.2KBitcoinBitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a warning about three crypto-related firms that have been...
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1.8KBankingIndia Post Payments Bank Delivers Finance Services Right To The Home
Indian Prime Minister Narendra Modi is using India Post Payments Bank (IPPB) to bring financial services to the doorstep of every citizen through...
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3.0KB2B PaymentsHong Kong Readies First Digital Banking Licenses
Hong Kong’s financial services market is gearing up for a battle between FinTechs and traditional institutions as the government prepares to issue...
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2.9KPayment MethodsFlipkart Reportedly Rolling Out Payment Services
Flipkart, the eCommerce giant based in India, is getting into the financial services industry with two new products. According to a report...
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1.0KSouth East AsiaChina Issues Changes To Rules To Encourage More Foreign Investments
The banking and insurance regulator in China issued changes to existing rules on Thursday (August 23) that will enable more foreign investments...
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1.8KInternationalUK Bank Acct Services At Risk Post-Brexit
Britons residing in the European Union (EU) may no longer have access to bank account services and businesses in the EU if...
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3.7KSecurity & FraudFiserv Rolls Out Enhanced Consumer Authentication Solutions
Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. 22) that it has rolled out two enhanced consumer authentication...
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2.7KEarningsTencent’s Profit Drop Drags On Chinese, Tech Stocks
There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside....
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2.5KToday In DataToday In Data: The Upgrading And Diversifying Face Of Financial Services
After a long, and at times painful, journey back from the wilderness that began in May 2016, it looks like things are...
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2.9KBlockchainBlockchain Goes Local (A Bit, Anyway)
Use cases are growing with blockchain, and while the headlines may focus on large-scale government initiatives and where distributed ledger technology (DLT)...
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International
JPMorgan Eyes Financial Inclusion In India
JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre...
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2.3KB2B PaymentsThe Risk Of Banks Hitting The Panic Button On Fraud
Every business in every industry is concerned about cybersecurity — and if it isn’t, it should be. While cyberattacks can threaten a...
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3.0KAlternative FinancesBarclays Business Banking CEO On Solving SMB’s Big Receivables’ Problem
Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of...
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2.2KBlockchain / Distributed LedgerCLS, IBM Roll Out Proof Of Concept For LedgerConnect
IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a...
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4.2KB2B PaymentsCiti’s Manish Kohli: The Corporate Appeal Of Citi Payment Insights
The global financial services market’s modernization efforts are in full swing, and at the heart of this effort is to improve the visibility...
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2.3KBankingUnbundled Banking Faces New Skepticism — And Fresh Prospects
Inevitable? Maybe (even if one’s view of inevitability may depend on one’s views of science and history). Well-financed and backed by significant...
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4.0KInnovationWhy Playing In The Sandbox Is Good For FIs
Sandboxing, though a beloved buzzword in the developer community, didn’t get its start in the context of programming or computers at all....
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3.2KArtificial IntelligenceAI And Credit Unions: A Tool, Not Just Tech
Across the U.S., there are 5,757 credit unions with 103.992 million members – and it’s been reported by the Credit Union National Association (CUNA) that...
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3.4KCryptocurrencySwitzerland May Ease Crypto Banking Obstacles
Citing anti-money laundering rules and other regulations, traditional banks in Switzerland have often refused to operate accounts for crypto companies. But Heinz...
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6.5KInvestmentsFinding The Investable Needles In The Startup Haystack
When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Thousands...
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4.9KMobileChase Digital Bank Account Finn Goes Nationwide
JPMorgan Chase on Thursday (June 28) launched a digital bank account for smartphone users dubbed Finn by Chase. According to a report in...
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3.2KB2B PaymentsNew Tax Law Targets Corporates’ Cross-Border Payments
A new tax introduced as part of broader reform in the U.S. is frustrating multinational corporations, according to Tuesday (June 26) reports...
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5.9KRisk ManagementCrowe: Risk Management With RegTech As Strategy
Can RegTech create strategic advantage? Can it allow firms to (gulp!) take on more risk? Marry tech and talent, says Crowe Horwath...
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9.2KBitcoinBitFlyer Halts New Accounts Amid Regulatory Crackdown
With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least...
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4.2KNewsFinTech To Get Nod From Treasury For Financial Services Innovation
The U.S. Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating...
