Stax

AUGUST 29, 2024

Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

The Paypers

APRIL 30, 2018

(The Paypers) Billtrust , a fintech company focused on B2B payment cycle management, announced earlier this week that it has acquired trade credit risk company, Credit2B.

Acquirers 28

Acquirers Credit Risk B2B Risk 28

PYMNTS

OCTOBER 7, 2016

6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom. Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct.

Cross-Border 55

Cross-Border Credit Risk Risk Management Acquirers 55

Finovate

DECEMBER 19, 2023

Liquidnet will leverage bondIT’s Scorable Credit Analytics to help traders better anticipate market trends. The technology will also help them mitigate credit risk and make more informed decisions quicker. Interdealer broker TP ICAP acquired the company in 2021 for $700 million.

AI 104

AI Research Credit Risk Mitigation 104

The Paypers

APRIL 25, 2018

(The Paypers) Billtrust , the payment services company, has acquired trade credit risk company Credit2B.

Acquirers 28

Acquirers Credit Risk Risk Payments 28

The Payments Association

JANUARY 3, 2025

The discussion underscored the pressing need for end-to-end visibility, improved fraud detection technologies, and greater collaboration across sectors.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments. Card Network (e.g., which then routes it to the cardholder’s issuing bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

The Fintech Times

SEPTEMBER 11, 2024

MoneyLion has teamed up with Nova Credit to integrate cash flow underwriting into its decisioning engine, enabling credit issuers on its platform to access more comprehensive data for evaluating consumers’ financial health.

Underwriting 59

Underwriting Risk Management Credit Risk Issuers 59

Finovate

AUGUST 30, 2024

ValidiFI was acquired by alternative bank and payment data firm Ribbit last June. Risk mitigation and compliance solution provider ValidiFI announced this week that Community Bank & Trust selected its technology to help verify bank account ownership and possession for potential borrowers. Greg Rable is CEO.

Community Banks 52

Community Banks Tax Refunds Accounts Risk Mitigation 52

FICO

JANUARY 25, 2018

We have already seen cases of large organizations becoming victims of a breach through a business they have acquired, for example, PayPal became a victim after they acquired TIO Networks. Credit risk. When businesses extend credit to another organization, a credit risk assessment is standard practice.

Cybersecurity 49

Cybersecurity Risk Assessment Data Breach Due Diligence 49

FICO

JUNE 14, 2016

It could also enable third parties, from partners and potential customers to insurers, understand a firm’s security risk. This is precisely what FICO is developing: a FICO® Enterprise Security Score to rank an organization’s level of cybersecurity risk. It’s a big idea whose time has come.

Cybersecurity 66

Cybersecurity Risk Credit Risk Risk Management 66

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

FEBRUARY 29, 2016

The company, which provides data and business intelligence solutions, like credit ratings and research for the financial world, said Thursday (Feb. 25) that it reached a deal to acquire a share of Finagraph.

Assessments 40

Assessments Small Business Credit Risk Risk Management 40

Paystand

NOVEMBER 21, 2024

Key Takeaways Central Role in Transactions: Issuing banks are pivotal to the payment process, ensuring secure and seamless credit and debit card transactions. Risk Management: Issuing banks face key risks, including credit risk, transaction fraud, and account fraud, requiring advanced tools and systems to mitigate them.

Debit Transaction 40

Debit Transaction Debit Card Credit Risk Mitigation 40

Finovate

APRIL 15, 2024

Its 3-in-1 Working Capital solution combines invoicing financing, risk insights, and credit control to enable lenders to offer faster financing, control credit risk, and get repaid sooner. Founded in 2012, Satago was acquired by Oxygen Finance in 2017.

Embedded Finance 64

Embedded Finance Finance Innovation API 64

Finovate

APRIL 16, 2024

Small business banking platform Rapid Finance is launching a Rapid Access Mastercard , a prepaid card through which small businesses can access their line of credit. Rapid Access Mastercard will be managed by Galileo, which SoFi acquired in 2020 in a deal valued at $1.2

Small Business 52

Small Business Visa Commercial Card Finance 52

Fintech Finance

NOVEMBER 20, 2024

Both travel agents and travel suppliers can optimize the benefits of virtual card payments leveraging Worldpay acquirer insights and reporting. Connecting global acquiring with card issuing can improve the cash flow for travel distributors and decrease credit risk requirements.

Visa 52

Visa B2B Acquirers Credit Risk 52

The Fintech Times

OCTOBER 23, 2024

By streamlining the credit assessment process for Amazon merchants applying for HSBC’s trade finance using transaction data, including inventory, sales, and refund records, HSBC can manage credit risks by using real-time commercial data through Dowsure.

Finance 59

Finance Cross-Border Payment APIs and Integration Security 59

Finovate

MARCH 19, 2024

Among the company’s other solutions are Credit Risk Assessment and Fraud Detection. Earlier this year, the Florida-based company acquired post-trade SaaS platform Torstone Technology to enhance its own capital markets offering. According to Crunchbase , the purchase marks FIS’ 26th acquisition.

Fraud Detection 52

Fraud Detection Risk Assessment Credit Risk Assessments 52

National Merchants Association

JUNE 24, 2022

A merchant can maintain a merchant account through an agent, which is required to process credit card payments. Merchant acquirer: The acquirer is the bank or financial institution that hosts and manages the merchant’s account and accepts the sales payments. How Do Agents Work?

Credit Cards 52

Credit Cards Processors Issuers Acquirers 52

National Merchants Association

JUNE 24, 2022

A merchant can maintain a merchant account through an agent, which is required to process credit card payments. Merchant Acquirer: The acquirer is the bank or financial institution that hosts and manages the merchant’s account and accepts the sales payments. As one of the nation’s leading acquirers, LOLA POS.

Credit Cards 52

Credit Cards Processors Issuers Acquirers 52

National Merchants Association

JUNE 24, 2022

A merchant can maintain a merchant account through an agent, which is required to process credit card payments. Merchant acquirer: The acquirer is the bank or financial institution that hosts and manages the merchant’s account and accepts the sales payments. How Do Agents Work?

Credit Cards 52

Credit Cards Processors Issuers Acquirers 52

Finovate

APRIL 10, 2024

Empower announced plans to acquire Petal for an undisclosed amount. The deal will help Empower expand into the credit card market. Empower also announced it closed the acquisition of Philippines-based consumer credit and lending fintech Cashalo. Empower has two million active subscribers and achieved profitability in 2022.

Credit Cards 52

Credit Cards Underserved Underwriting Acquirers 52

The Fintech Times

APRIL 3, 2024

” Bettering global financial inclusion Kathy Stares , executive vice president of North America for Provenir , the AI-powered credit risk decisioning platform, explains that embedded finance is set to make financial services far more accessible.

Embedded Finance 126

Embedded Finance Finance Non-Bank Online and Mobile Banking 126

PYMNTS

DECEMBER 2, 2020

Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Alternative lender eCapital is expanding its global footprint by acquiring U.K.-based Sage Teams With Satago To Help SMBs Manage Cash Flow. Alternative Lender eCapital Buys UK-Based Advantedge Commercial.

Cash Management 57

Cash Management B2B Cross-Border Payments 57

FICO

JUNE 22, 2020

Because telecommunications is an extremely competitive market, dominated by a few large providers, the pressure to acquire and retain profitable customers (and profitable households) is extremely high. What kind of credit risk does she pose? Driving down voluntary churn is the name of the game.

Acquirers 52

Acquirers Credit Risk Origination Posting 52

Nanonets

APRIL 5, 2023

Avoiding bad-fit customers can prevent the cost of retaining poor-fit customers, which can be higher than acquiring good-fit customers. Credit risk managers, credit policymakers, and legal resources may have the expertise, but reviewing documents and assessing creditworthiness can still be tedious and error-prone.

Automation 52

Automation Process Risk Assessment Assessments 52

PYMNTS

JUNE 16, 2016

FICO is best known for its consumer credit rating services, but the company revealed Tuesday (June 14) that it will launch a new product that rates the security of corporations. FICO announced this week that it has acquired QuadMetrics, a cybersecurity startup. Known as Fair Isaac Corp.,

Security 41

Security Risk Assessment Cybersecurity Assessments 41

The Fintech Times

MARCH 28, 2024

M&As Abrigo, a provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an investment accounting and management solutions company. The Fintech Times Bi-Weekly News Roundup on Thursday 28 March 2024 serves up the latest industry movers and partnerships.

FinTech 64

FinTech Online and Mobile Banking Central Bank Push-to-Card 64

FICO

MARCH 8, 2021

Over the past several years, we’ve helped lenders develop on-ramps to mainstream credit using alternative data for those seeking financial inclusion. Our research finds that alternative data sources that demonstrate a consumer’s ability to manage their finances are predictive of consumer credit risk. by Dave Shellenberger.

Financial Inclusion 52

Financial Inclusion Checks Credit Risk Accounts 52

FICO

MAY 19, 2021

In contrast, first-party fraud often masquerades as a credit risk problem; delinquent accounts are sent to collections for a progression of treatment. Sleeper fraud occurs when a fraudster acquires a form of credit and, over time, builds up what appears to be normal customer behaviour. Common Types of First-Party Fraud.

Cross-Border 52

Cross-Border Crime Credential Money Laundering 52

PYMNTS

FEBRUARY 27, 2018

Equifax , the credit scoring company still reeling from a massive data breach last year, announced news on Monday (Feb. In a press release , the company said the dataset provides information for researchers and modelers, including “credit risk scores, geography, debt balances and delinquency status at the loan level.”

Consumer 40

Consumer Finance Data Breach Credit Risk 40

FICO

MAY 19, 2021

In contrast, first-party fraud often masquerades as a credit risk problem; delinquent accounts are sent to collections for a progression of treatment. Sleeper fraud occurs when a fraudster acquires a form of credit and, over time, builds up what appears to be normal customer behaviour. Common Types of First-Party Fraud.

Cross-Border 52

Cross-Border Crime Money Laundering Credential 52

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. These companies can leverage private data to price credit risk for customers already on their platform.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

FICO

MARCH 24, 2021

In today’s world, given the various alternative data resources available , the challenge for lenders becomes managing a diverse set of data, especially when making decisions on people who are new to credit.

Credit Cards 59

Credit Cards Volume Process Fed 59

FICO

MAY 25, 2021

Raising FICO® Score cut-offs can help manage overall risk levels, but can also eliminate the potential to acquire more resilient consumers in FICO Score ranges just below the cut-off. Severe economic stress is occurring or expected to start imminently. Business Challenge. FICO® Resilience Index Solution. Methodology and Results.

Risk 52

Risk Addressing Underwriting Economy 52

CB Insights

DECEMBER 4, 2019

In the last year, Amazon has been investing in growing Amazon Pay’s marketplace, including forming its first partnership with an acquiring bank Worldpay. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Amazon SMB Lending.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101