Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

The Fintech Times

JANUARY 23, 2024

Funding and investments Ozone API, the open banking API platform, has raised a £8.5million Series A round to fund its continued global expansion. Alba Bank, the UK challenger bank for SMEs, has strengthened its leadership team ahead of its planned market entry, hiring Michael Mustard as general counsel and company secretary.

FinTech 69

FinTech Payment APIs and Integration Agreements Finance 69

EBizCharge

DECEMBER 3, 2024

Settlement occurs after a sale has been authorized and captured, ensuring the payment moves from the customer’s bank account to the merchant’s account. The payment settlement process involves various intermediaries, including the card issuer, the acquiring bank, and the payment processor.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Finovate

JANUARY 3, 2024

1 December 18: Salesforce Signs Definitive Agreement to Acquire Spiff Utah-based compensation platform Spiff has agreed to be acquired by Salesforce. Shoppers can use Affirm to pay for non-grocery purchases ranging from $144 to $4,000 in monthly installments. Financial terms of the deal were undisclosed. regulators.

BNPL 59

BNPL Digital Currency Acquirers Non-Bank 59

The Fintech Times

DECEMBER 12, 2023

NexPay , a global education payments, has unveiled new board roles including David Jonhstone as non-executive chair, Rajesh Yohannan, the current CEO of Axi Corp, as a non-executive board director, as well as Clive Wilson to the newly created role of chief risk and governance officer.

FinTech 59

FinTech Financial Crimes Non-Bank Point-of-Sale (POS) 59

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Funding Options struck a data-sharing agreement with 20 alternative lenders to make SMB loan applications more efficient, while in the U.S.,

Finance 67

Finance Payment APIs and Integration Cross-Border Payments Cross-Border 67

PYMNTS

JULY 5, 2019

A point of enormous confusion in the press is what the 27 non-Facebook companies have agreed to do at this point. That agreement, as outlined in a Letter of Intent, is to show up at meetings to help shape Libra’s governance, charter and mission. Among other things, that will depend on what it means to be an Association Member.

Regulations 82

Regulations Governance Government Cryptocurrency 82

The Fintech Times

SEPTEMBER 17, 2024

Adyen joins Nayax’s network of acquiring banks and Nayax’s end-to-end payment and loyalty platform will integrate into Adyen’s single global platform. Ecofi, the asset manager of the French banking group Groupe Credit Cooperatif, has partnered with NeoXam. The bank now has 1.3 The bank now has 1.3

FinTech 59

FinTech Payment APIs and Integration Online and Mobile Banking Cross-Border Payments 59

Ikajo

MARCH 26, 2021

Thanks to this development, a website is connected to the banking payment processing system. If you have the appropriate access, the bank processes and collects transactions that are carried out on your Internet resource. Among them, there will be cardholders of various banks, and users of assorted electronic wallets.

Payment Gateways 52

Payment Gateways Gateways Process Online and Mobile Banking 52

The Fintech Times

SEPTEMBER 4, 2024

Appointments Malcom Finance ( formerly 4Trans) , a fintech company specialising in financial services for supply chain and logistics SMEs, has appointed the founder of Twisto as a non-executive director. The Bank of London has revealed that its founder, Anthony Watson CBE, is stepping down from his role as CEO.

FinTech 64

FinTech Non-Bank Cross-Border Reconciliation 64

PYMNTS

JULY 23, 2019

Other deals include those to acquire Verifi, and Rambus tokenization and electronic ticketing operations. In offering detail on Earthport he said that the combined company has reach into 88 countries, covering almost all bank accounts (99 percent in the 88 countries), including the top 50 markets, he noted.

Continuity 74

Continuity Cross-Border Credential Push-to-Card 74

CB Insights

JUNE 7, 2021

Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. It handles the back-end payment technology while working with banks that process the payment transactions. . Marqeta has a strong set of both financial and non-financial clients.

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73

PYMNTS

JULY 10, 2018

Saxo Bank has divested its global B2B payments solution Banking Circle , according to a Monday (July 9) press release. Investment firm EQT , through EQT VIII fund and EQT Ventures fund, reached an agreement with Saxo Payments Banking Circle founders to acquire the assets, the company said.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Non-Bank B2B 40

Stax

NOVEMBER 21, 2024

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. The company facilitates the transfer of information and funds between the customer’s bank and your business’ bank.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

PYMNTS

JULY 20, 2018

eBay Acquires eCommerce Platform Qoo10 o f Japan. The Ministry of Electronics and Information Technology (MeitY) has reportedly asked WhatsApp, along with partner banks, to provide additional details about the system. In fact, Amazon’s current share of the online grocery space has now doubled that of its closest competitor.

Data Breach 40

Data Breach Breach Duplicate Disputes 40

PYMNTS

MARCH 20, 2020

The recent enforcement of social distancing means that actually going out to see (and buy) a house will be harder to do — especially in states such as California and New York, where many non-essential businesses (which would presumably include real estate firms) have shuttered.

Non-Bank 58

Non-Bank On-Demand Adjustments Credit Cards 58

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

The Fintech Times

SEPTEMBER 24, 2024

Elias was most recently head of product at UK fintech ClearScore, while Crosson previously worked at Tomorrow Bank and Starling Bank. Philippa joins 4most from Lloyds Banking Group, where she held various leadership roles within the risk division, most recently as the director of decision science.

FinTech 59

FinTech Payment APIs and Integration AI Risk 59

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

PYMNTS

JULY 20, 2017

In cyber, and many other domains, the most complex problems, ideas, attacks or vulnerabilities are coming from non-linear patterns.” “We as humans only think in linear patterns. This is how our [brains have] been built,” he said. “In

Cybersecurity 78

Cybersecurity On-Demand Volume Industry Trends 78

Fintech Labs Insights

DECEMBER 21, 2016

Onboarding software provider Agreement Express helps wealth management firms, payments, and insurance companies create and manage a consistent onboarding experience across channels for all of their product offerings. Working with Scotia Bank and M&T Bank. Finovate: What problem does Agreement Express solve?

Agreements 15

Agreements Advisors Non-Bank Correspondent 15

Finovate

MARCH 15, 2024

Last month at FinovateEurope, we introduced Swedish embedded banking and payments company Visualizy to our audiences. Founded in 2022, the company offers a multi-bank platform that helps businesses lower costs, reduce errors, and boost security in their financial and payment operations. open banking a major boost.”

Central Bank 52

Central Bank Payment Service Provider (PSP) Non-Bank Settlement 52

Payment Savvy

JULY 3, 2024

These fees cover the costs of processing the transaction , ensuring the payment goes from the customer’s bank to the business’s bank account securely and efficiently. Banks may charge interchange fees, which are set by the card networks like Visa or Mastercard and are a portion of the transaction amount plus a flat fee.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

The Fintech Times

JULY 16, 2024

’s CEO Chris Jurasek joins as non-exec chair, while Emma Brown joins as chief financial officer. Stéphane Besson joined CUBE’s board earlier this year and continues as non-exec director. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

Nanonets

FEBRUARY 15, 2024

This is more than just buying; it's about acquiring goods and services in a way that optimizes value for an organization. Need Identification This is where the company figures out what it needs to buy or acquire to improve its operations. The Supply Agreement would look like the one below.

Finance 52

Finance RFP Agreements Automation 52

Exact Payments

AUGUST 24, 2023

They are agents of the banks and therefore only sell merchant accounts issued by processors and/or acquiring banks—they can’t issue merchant accounts on their own. An ISO is an intermediary entity that resells and markets payment processing services on behalf of banks and payment processors.

ISOs 52

ISOs Processors Payment Solutions Payment APIs and Integration 52

The Fintech Times

DECEMBER 19, 2023

” AI and banks John Barber, vice president of Infosys Finacle Europe The primary learning from 2023 is that generative AI is bringing in a paradigm shift in how banks embrace AI, according to J ohn Barber , vice president of Infosys Finacle Europe. Many banks have had noteworthy pilots. times,” says McColgan.

AI 78

AI Embedded Finance Due Diligence Finance 78

PYMNTS

JANUARY 28, 2019

Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. EPS came in at $1.87, not including non-recurring gains, well below analyst expectations of $2.41.

Money Laundering 51

Money Laundering Visa Credit Cards Regulations 51

PYMNTS

FEBRUARY 13, 2018

North American revenue within this segment was flat on similar metrics, with – as has been seen in previous quarters – growth in non-JV channels offset by softness in the JV business. 25, we entered into a significant new processing agreement with SBI Card , a subsidiary of the State Bank of India, the largest bank in India.

ISVS 40

ISVS Non-Bank Continuity Agreements 40

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

PYMNTS

DECEMBER 20, 2019

The world of B2B payments saw its latest significant acquisition play this week with Boston-based private equity firm Great Hill announcing its intention to acquire VersaPay, a company that provides cloud-based invoice-to-cash solutions. According to reports, that agreement will see each VersaPay shareholder paid out at C$2.70

Interoperability 52

Interoperability PayPal Cross-Border Payments 52

Exact Payments

JULY 12, 2024

The merchant’s acquiring bank charges a fee for every chargeback, which can add up fast if the merchant hasn’t taken steps to prevent chargebacks. They also assess non-compliance fees should the merchant fall out of compliance. Chargeback fees A chargeback is a customer-filed dispute that results in the reversal of funds.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The Rundown on the Run-up to the Decisions.

P2P 54

P2P Origination Underwriting Returns 54

Ikajo

MARCH 18, 2021

It is necessary for a structured B2C business, including through non-resident companies abroad. It allows you to accept payments around the clock from around the world, regardless of the working hours of the banking institution. How do banks determine the risk level? Why is everything arranged this way?

Risk 52

Risk Accounts Legal Non-Bank 52

PYMNTS

OCTOBER 29, 2018

Apple is banking that the new iPhone XR will break that upgrade impasse. Alexa, of course, is the very non-threatening, pleasant-sounding digital personal assistant connected to the Amazon ecosystem, who can play your favorite song, tell you corny jokes and now order and have delivered an expanded array of consumer products.

Online and Mobile Banking 78

Online and Mobile Banking Payments PayPal Payment APIs and Integration 78

PYMNTS

NOVEMBER 14, 2017

But as online lending has become an increasingly important part of the financial services landscape, the topic has generated no shortage of debates over everything from its business models to the customers it attracts and the method used to acquire them. So how did one branch of the Fed end up on such a different page from their counterparts?

Fed 40

Fed Federal Reserve Regulations Small Business 40

Nanonets

FEBRUARY 26, 2024

Bank Reconciliation: Veryfi assists with  bank reconciliation , ensuring that expenses are accurately recorded and accounted.  per document (for non-receipt types). Support is available via email and Slack, and there are SLA (Service Level Agreement) options. per document Bank Statement Page Cost: $0.70

Accounts 52

Accounts Payment APIs and Integration Automation Multi-Currency 52