Sections
financial services
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2.5KConsumer 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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1.4KRegulationBig 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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2.6KPartnerships / 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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2.5KAlternative 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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3.2KNewsFive 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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2.5KToday 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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2.0KNewsMarqeta 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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1.9KToday 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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3.1KB2B 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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2.8KEuropeCitizens 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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2.7KSecurity & 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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2.2KBankingSalesforce 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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5.3KBitcoinBitcoin 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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1.5KBankingIndia 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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2.4KB2B 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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2.2KPayment 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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819South 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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1.5KInternationalUK 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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3.2KSecurity & 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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2.2KEarningsTencent’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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2.3KToday 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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2.7KBlockchainBlockchain 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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2.1KB2B 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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2.6KAlternative 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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1.7KBlockchain / 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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3.6KB2B 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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2.0KBankingUnbundled 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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3.5KInnovationWhy 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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2.7KArtificial 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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3.1KCryptocurrencySwitzerland 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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5.9KInvestmentsFinding 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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4.2KMobileChase 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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2.3KB2B 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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5.5KRisk 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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8.6KBitcoinBitFlyer 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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3.8KNewsFinTech 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...
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1.3KB2B PaymentsArro Money Debuts Account For Sole Traders
U.K. challenger bank Arro Money, which launched its small business bank account service last December, has debuted its newest product designed for...
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3.6KBankingICBA: Building Bridges For The Next Generation Of Community Banks
Community banking is one of the most rewarding areas of financial services in which to work, according to Rebeca Romero Rainey, the...
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2.5KBankingCircle In Early Talks For US Banking License
Months after rolling out a crypto trading platform, Circle Internet Financial Ltd said it has had early talks with regulators about obtaining...
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3.5KB2B PaymentsCommunity Bank And FinTech Partnerships Gaining Traction
Traditional FIs may feel pressured by the growth and inroads of nimbler tech-focused brethren in the FinTech realm. But collaboration is key,...
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2.9KBank Regulation
When FinTechs Compete, Banks Can Also Win
It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are...
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4.4KAmazonAmazon: How Financial Services Firms Use The Cloud For A Power Boost
Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete...
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6.2KMastercardMastercard Launches Accelerate To Help FinTechs Scale
Mastercard announced on Monday (May 21) the creation of Accelerate, a new initiative to drive growth in the FinTech industry. In a...
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3.0KPartnerships / AcquisitionsIBM Acquires Armanta For Watson Financial Services Portfolio
IBM has acquired New Jersey-based FinTech firm Armanta to join its Watson Financial Services portfolio. Armanta is a provider of aggregation and...
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4.3KMerchant InnovationThe Role Of Customer Service In Strengthening The Processor/Merchant Bond
Customer service matters in all walks of business, to consumers and businesses alike, but especially so in payments. Troubleshooting issues when they...
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2.9KB2B PaymentsVirgin Beats Q1 Expectations, Continues SMB FinServ Rollout
Virgin Money released its first quarter financial data this week, noting that it surpassed expectations despite the costs associated with introducing small...
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2.7KAlternative FinancesGetting Bill Payments The Financial Services Love It Deserves
No one gets excited about paying bills. Which, according to SVP of Consumer Channels and General Manager Richard Kang at Handle Financial,...
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4.9KStartup Check-InHow India Will Leapfrog Plastic Payments
Three decades ago, there were 25 million credit cards in use across the Indian subcontinent, despite it being one of the world’s...
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2.3KB2B PaymentsAustralian Commission Finds ‘Unconscionable’ FinServ Practices
After increased pressure on the Australian government to crack down on misconduct in the banking industry, a Royal Commission released preliminary findings...
