Payments Source

FEBRUARY 10, 2021

Fiserv's digital offerings proved to be vital in the fourth-quarter of 2020, while its client base continued to struggle through the global pandemic.

Continuity 154

Continuity 154

PYMNTS

JANUARY 6, 2021

Taken together, Brown said he is coming out of 2020 even more bullish and confident than he was a year ago, before the pandemic. “I That’s the new thing that's important, and I think it fits right into the wheelhouse of the new digital-first paradigm.”.

Continuity 127

Continuity Innovation Credit Union Underserved 127

The Fintech Times

APRIL 25, 2024

Continuous transaction controls (CTCs) have been introduced by numerous tax authorities to obtain business transactions in real-time or near real-time to improve the speed and accuracy of tax collection efforts. Continuous transaction controls (CTCs). The result?

Continuity 69

Continuity Near Real-Time Compliance Authorization 69

PYMNTS

JANUARY 11, 2021

December 2020 data does not appear to be available. In just one month — July 2020 — people in the U.S. According to WSJ, remittances also appear to be up for 2020 compared to 2019 in Guatemala, El Salvador and Honduras. The prior record for a full 12 months of remittances during a calendar year was $36.4 billion in 2019.

Cross-Border 125

Cross-Border Funds Transfer Central Bank Economy 125

Fintech News

JANUARY 15, 2024

Since joining Temenos in 2020, the company said that he had exceeded business and revenue targets in the Middle East and Africa region. Allcorn joined Temenos in 2020 and has been instrumental in the region’s sales activities. He will continue as an advisor to the CEO until June 2024 to ensure a smooth transition.

Advisors 122

Advisors Continuity Regulations Technology 122

PYMNTS

SEPTEMBER 30, 2020

The end of the third quarter of 2020 offers a moment to look back — and ahead — as a year unlike any other is (a bit more) than three quarters finished. It may be hard to remember, but when 2020 dawned, unemployment was near historic lows, at about 3.6 to continue. to continue.

Payments 141

Payments Automation Research Risk 141

PYMNTS

DECEMBER 22, 2020

Wilke wrote that the eCommerce giant will continue to take on the extra costs without increasing fees until June 1, 2021. "We Wilke wrote that while other companies have "passed along costs through surcharges and fee changes in 2020, [Amazon has] absorbed over $5 billion of those costs on your behalf."

Consulting 131

Consulting Volume Continuity Consumer 131

Fintech News

JULY 25, 2024

This follows NTUC Enterprise’s crucial capital injection in 2020 during the peak of the Covid-19 pandemic, which was instrumental in supporting the company’s solvency. Secondly, Income Insurance will continue to participate in national insurance programmes in partnership with the CPF Board.

Underserved 113

Underserved Participant Continuity Acquirers 113

Fintech News

MARCH 24, 2024

The latest investment marks a continued commitment from Ant Group , following a near US$188 million capital boost previously, bringing its total investment in ANEXT Bank to roughly US$502.61 million, according to DealStreetAsia. The post Ant Group Injects Another S$200 Million Funding Into ANEXT Bank appeared first on Fintech Singapore.

Authorization 106

Authorization Continuity Accounts FinTech 106

PYMNTS

DECEMBER 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .

Fincen 127

Fincen Suspicious Activity Report (SAR) Scams Federal Trade Commission 127

Finovate

SEPTEMBER 10, 2024

We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond.

Deepfake 111

Deepfake Innovation Advisors Risk Management 111

Fintech News

APRIL 14, 2024

AlteriQ Global, established in 2020, specialises in providing debt financing solutions to small-to-mid-sized enterprises across the Asia Pacific. Post-acquisition, AlteriQ will continue to operate under the leadership of Zhi Yong and Kenneth, with a focus on advancing the company’s growth trajectory.

APACS 122

APACS Acquirers Underserved Risk Management 122

VISTA InfoSec

MAY 23, 2024

This approach is slightly more complex, but it is applicable in cases when a specific resource needs to be removed permanently from the infrastructure because its continued existence only adds unnecessary clutter. These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020.

Compromise 286

Compromise Database Best Practices Shutdown 286

PYMNTS

JANUARY 25, 2021

They’re also likely to continue to grow; the third quarter of 2020 showed that contactless penetration represented 41 percent of in-person purchases across the globe. Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release.

Visa 124

Visa Technology Point-of-Sale (POS) Contactless Payments 124

PYMNTS

JULY 14, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by David Nachman , CEO at FastSpring. The opportunities I see emerging in the second half of 2020 are centered around business reinvestment in growth, product development and business model adaptation.

Innovation 135

Innovation Product On-Demand Global Payments 135

PYMNTS

AUGUST 13, 2020

Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S. Founded in 2007, Waze said it had 130 million monthly users as of February 2020. country manager, in a statement.

Contactless Payments 138

Contactless Payments Federal Trade Commission FTC Payments 138

PYMNTS

JANUARY 19, 2021

There are also more experiments in progress that will continue throughout the year. In 2020, the bank put out a request for applications for a CBDC experiment. The process will be a boost for the research around digital coins.

CBDC 130

CBDC Interbank Settlement Settlement Central Bank 130

PYMNTS

NOVEMBER 18, 2020

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according to a report in the Wall Street Journal (WSJ) citing the Federal Reserve Bank of New York. Mortgage debt hit $9.86 trillion, up $85 billion, with new housing and refinancing loans totaling $1.05

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

PYMNTS

DECEMBER 16, 2020

The industry as a whole lost $165 billion in revenue between March and July, and it is on track to lose $240 billion by 2021 — with the decline expected to continue until the pandemic abates. Deep Dive: How The Trends Of 2020 Can Inform The Coming Decade’s Fraud-Fighting Goals.

Bots 124

Bots Federal Trade Commission Monetary Loss AI 124

Clearly Payments

OCTOBER 7, 2024

As of 2024, it is clear that the changes initiated during the pandemic are not just temporary adjustments but enduring shifts that continue to define the industry’s trajectory. in 2020, reaching $4.28 This growth trajectory has continued, with 2023 seeing e-commerce sales surpass $5 trillion for the first time.

Cross-Border 93

Cross-Border Processors Multi-Currency Contactless Payments 93

PYMNTS

JANUARY 5, 2021

3), compounding its 2020 rally that catapulted it to quadruple as big U.S. Bitcoin had seen a string of days in which it continually broke records, passing $20,000 on Dec. The surge shows how strong trading has been lately, according to Reuters. Bitcoin reached $34,800 on Sunday (Jan. investors got into the mix, Reuters reported.

Volume 131

Volume Bitcoin Cryptocurrency Digital Currency 131

Fintech News

MARCH 4, 2024

Elian Ciptono He clarified, “While the ability to hold balances and make transactions using Wise debit cards will be discontinued, our Indonesian users can continue to enjoy sending and receiving money internationally with the same competitive exchange rates and transparent fee structure they are accustomed to.”

Payment APIs and Integration 111

Payment APIs and Integration Debit Card Funds Transfer API 111

Fintech News

MAY 22, 2024

Continuous monitoring of attempted transactions on compromised cards further mitigates fraud and enhances cybersecurity. This latest advancement builds on Mastercard’s existing suite of security solutions, such as Cyber Secure , which has been available since 2020.

Compromise 112

Compromise Visa AI Fraud Detection 112

Fintech News

MARCH 19, 2024

Tokenize Xchange has also applied for a digital payment token license in Singapore and is among the six digital asset exchanges to receive approval from the Securities Commission Malaysia to be a licensed digital asset exchange in April 2020. The firm also has a presence in Vietnam.

Security 116

Security Accreditation Compliance Digital Payments 116

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Retail giants like Flipkart ramped up their investments in online wholesale operations this year, with the pursuit of the "Amazon-like experience" continuing to be a driving influence for the sector.

B2B 121

B2B Embedded Finance Finance On-Demand 121

Fintech News

JULY 9, 2024

Launched in December 2020, DDEx provides institutional and accredited investors with a fully integrated ecosystem for tokenisation, trading, and custody of digital assets. We also continue to evaluate suitable security token offering opportunities.” It is the first full-service digital asset exchange supported by a bank.

Stablecoins 107

Stablecoins Volume Accreditation Cash Management 107

Fintech News

JANUARY 29, 2024

million Series C round in March 2020. However, the company’s financial struggles continued, as evidenced by the sale of shares in PT Bank Amar Indonesia Tbk, in which Investree had bought an 18.4% DealStreetAsia’s DATA VANTAGE platform reveals that Investree’s Singapore-registered parent company has so far raised US$31.7

Irrevocability 124

Irrevocability Authorization Continuity Accounts 124

PYMNTS

OCTOBER 5, 2020

But, Phalen noted, the continuing deployment of tech-enabled accounts payables and receivables solutions (helped along by APIs) has gotten the ball rolling — and will prove sticky even after the pandemic is over and we return to office environments. It continues to evolve. We expect that that’s going to continue.

B2B 137

B2B Payment APIs and Integration Payments Push-to-Card 137

Fintech News

JUNE 4, 2024

This initiative builds on IDEMIA’s GREENPAY offering launched in 2020, which initially focused on sustainable banking cards made from recycled PVC. Julia Schoonenberg “IDEMIA Secure Transactions has always been committed to sustainability and is aware of its role, as a leader, to mobilize the entire payment industry.

Transactions 110

Transactions Mobile Banking Security Bank Card 110

Fintech News

MAY 30, 2024

Since 2020, HSBC and Marketnode have collaborated on developing digital market infrastructure across credit, funds, and structured products. We continue to welcome other industry partners to join us in rethinking financial markets out of Asia-Pacific.” The investment sum was not disclosed.

Settlement 110

Settlement Participant Authorization Innovation 110

PYMNTS

SEPTEMBER 17, 2020

The offer will be available for any school around the world offering Flywire as a payment method for international tuition through the 2020 fall term for students from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana, the release stated.

Cross-Border 126

Cross-Border Visa Payments Debit Card 126

Fintech News

JULY 1, 2024

Comparison of TF Risk Assessments in 2020 and 2024 The updated NRA supports the objectives of the National Strategy for CFT, which aims to prevent, detect, and disrupt terrorism financing activities. Non-profit organizations are still considered medium-low risk, but foreign online crowdfunding has emerged as a concerning typology.

Risk Assessment 113

Risk Assessment Assessments Risk Finance 113

Fintech Finance

OCTOBER 28, 2024

Through its long-standing partnership with global embedded financing platform YouLend, Dojo has extended over £1 billion in flexible funding since 2020. ” Following the £1 billion milestone, the two fintechs will continue to scale their partnership and expand business funding to new European markets this year.

Embedded Finance 105

Embedded Finance Finance FinTech On-Demand 105

Fintech Finance

JULY 2, 2024

With Marqeta’s platform, Swiss4 can swiftly design and introduce novel payment features, continually enhancing the end user experience. Swiss4 was founded in 2020 and is one of the first companies in Switzerland to obtain its fintech licence from the Swiss Financial Market Supervisory Authority (FINMA).

Embedded Finance 97

Embedded Finance Non-Bank SWIFT Finance 97

Fintech News

AUGUST 19, 2024

As such, DDEx was launched in December 2020, addressing a gap in the market for digital asset platforms that could uphold the regulatory, operational and security standards expected of any professional counterparty, David added. . “These are the same value propositions that we set out to offer clients since our inception in 2020.

Accreditation 119

Accreditation Bitcoin Cryptocurrency Best Practices 119

Fintech News

OCTOBER 20, 2024

DBS continues to explore further blockchain applications, including securities tokenisation and digital trade finance. The bank is also exploring Programmable Rewards, a system for creating digital voucher programs with a focus on environmental, social, and governance (ESG) initiatives.

Blockchain 116

Blockchain Innovation Liquidity Management Multi-Currency 116