Nomentia

JUNE 6, 2024

For businesses to succeed in the global, digitalized business environment, maintaining financial stability, and effective cash and treasury management is non-negotiable. To explore the matter, I was lucky to have a quick sit down with Pia Charron , a lead consultant at Nomentia to discuss challenges in payment hub implementation.

Treasury Management 59

Treasury Management Treasury Fraud Detection Payments 59

Fintech News

MAY 13, 2024

Embedded insurance refers to the integration of insurance products into non-insurance platforms or experiences, such as e-commerce, travel or healthcare. Within the sector, the consultancy expects redistribution to stand out as the primary revenue driver, accounting for 12% of the Australian insurance market (A$24.1 billion) by 2033.

Embedded Finance 82

Embedded Finance Non-Bank Finance Consulting 82

NFCW

NOVEMBER 27, 2023

The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer consumer finance services including digital wallets and payment apps – such as Apple and Google – to the same regulatory scrutiny and oversight as banks, credit unions and other financial institutions.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Rules CFPB Consumer 52

Fintech News

DECEMBER 7, 2023

This initiative, currently open for public consultation , is aimed at expanding coverage, streamlining the scheme’s design, and improving operational effectiveness. To make the scheme more transparent, MAS plans to list covered and non-covered benefits in specified personal line insurance.

Consulting 88

Consulting Non-Bank Authorization Settlement 88

Finovate

MAY 2, 2024

Features A fully bank-integrated, real-time product that helps banks provide corporate card clients a highly competitive user experience. Banks, card issuers, fleets, other payment providers, and small, midsize and large corporations. Who’s it for? Foresight Foresight is the operating system for the private market.

Credit Union 52

Credit Union Card Issuer Non-Bank Financial Crimes 52

Fintech Finance

JANUARY 23, 2024

Mangopay , a modular and flexible payment infrastructure provider for platforms and marketplaces, announces the appointment of Liz Oakes to its Board as a Non-Executive Director. The post Mangopay appoints Liz Oakes as Non-Executive Director appeared first on Fintech Finance.

Cross-Border Payments 52

Cross-Border Payments Non-Bank Cross-Border B2C 52

Fintech News

APRIL 1, 2024

For Masahide Endo, senior consultant at Daiwa Institute of Research’s management consulting department, deals could happen in the Japanese banking sector as regional lenders may opt for M&A to survive in turbulent times. of the bank and becoming a licensed banking institution in the Philippines.

APACS 92

APACS FinTech Consulting Non-Bank 92

Fintech News

APRIL 28, 2024

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

AI 89

AI Innovation Financial Crimes Crime 89

Payments Source

JULY 13, 2018

The Canadian government is consulting with the country’s banking industry on opening up Canada’s payments infrastructure to non-bank payment service providers (PSPs) and fintechs, in a far-reaching move to spur innovation and competition.

Non-Bank 67

Non-Bank Consulting Payments Governance 67

The Fintech Times

JUNE 25, 2024

This latest infusion of capital will accelerate the company’s growth in banking and insurance and Verituity’s expansion into new markets, including mortgage servicing and energy. Thredd , the next-gen payments platform, hires Matt Swann as non-executive director. He joins Thredd from Nubank where he served as chief technology officer.

FinTech 59

FinTech Non-Bank Settlement Participant 59

The Fintech Times

MAY 21, 2024

Mastercard and Visa cards account for 95 per cent of transactions using UK-issued cards, while non-card payment methods are often not effective competitive alternatives for businesses. We are consulting on these provisional findings. The PSR is now considering measures to boost transparency and competition in this critical sector.

Visa 90

Visa Regulations Payments Consulting 90

Fintech Finance

MARCH 20, 2024

Micropayment , the Berlin-based payment processor, has partnered with Tink , a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering. Pay by Bank is now live for Micropayment merchants across the DACH region with plans to leverage Tink’s pan-European connectivity even further in the future.

Non-Bank 52

Non-Bank Processors Consulting Accounts 52

Open Banking

APRIL 20, 2023

We are pleased to open the consultation for v3.1.11 The updates also include one non-Order-related proposition funded by a member of the CMA9 (proposition P21b). How and when to respond We welcome responses to the consultation from all interested parties. 08 Dec 2021 Read more Standards OBL publishes Open Banking Standard v.3.1.11

Non-Bank 52

Non-Bank Consulting Assessments Authorization 52

The Fintech Times

APRIL 30, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “Through integrating financial services into their offering, businesses are ensuring a succinct customer experience, whether in retail, automotive, insurance, or banking.

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

Fintech News

MAY 19, 2024

Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Data monetization refers to the process of using data to obtain quantifiable economic benefit. This enhances the overall customer experience.

Rules 72

Rules Non-Bank Audit Central Bank 72

The Fintech Times

APRIL 15, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “For instance, AI algorithms analyse user data to deliver personalised financial products and experiences within non-financial platforms.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

Global Fintech & Digital Assets

MARCH 5, 2024

Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products. The guidance continues the momentum of digital asset regulation in Hong Kong, following a raft of other rules and consultations recently published by Hong Kong regulators.

Authorization 59

Authorization Product Due Diligence Procedures 59

Fintech Finance

JUNE 14, 2024

Visa is sponsoring the 6th Cashless Day celebration, organized by the State Bank of Vietnam and Tuoi Tre Newspaper. Hence, this year’s Cashless Day theme is “Promoting safe and secure non-cash payments”, aimed at raising awareness and fostering secure digital payment practices. million cases3.

Digital Payments 86

Digital Payments Payments Transactions Non-Bank 86

Neopay

MAY 28, 2024

UK businesses have little choice but to pay increased fees as Mastercard and Visa cards account for 95% of transactions using UK-issued cards, while non-card payment methods are often not effective competitive alternatives for businesses. We are consulting on these provisional findings.

Visa 52

Visa Acquirers Consulting Card Services 52

Fintech Finance

MAY 22, 2024

UK businesses have little choice but to pay increased fees as Mastercard and Visa cards account for 95% of transactions using UK-issued cards, while non-card payment methods are often not effective competitive alternatives for businesses. We are consulting on these provisional findings. It will confirm these timeframes in due course.

Acquirers 52

Acquirers Process Visa Consulting 52

The Fintech Times

JANUARY 20, 2024

In 2021, non-fungible tokens (NFTs) took off in popularity seemingly overnight. “Post-quantum cryptography is not yet a top priority for most bank CISOs, despite the existential threat it poses. “Banks should already be upgrading cryptography to post-quantum standards, even if quantum computers aren’t yet a reality.

AI 80

AI NFTs Identity Theft Non-Bank 80

The Fintech Times

MARCH 7, 2024

Partnerships Zeta, a provider of next-gen card processing solutions to banks and credit unions, has forged a partnership with Sparrow Financial to power the most modern credit card programme in existence for non-prime customers. He was previously senior vice president and general manager at Chainalysis.

FinTech 59

FinTech Payment APIs and Integration Credit Union Legal 59

PYMNTS

NOVEMBER 19, 2020

percent, state that most of their non-government payments come through non-instant methods and take more than a day to receive. percent of their disbursements using non-instant methods and use faster methods for the remainder,” according to PYMNTS’ November 2020 Disbursements Satisfaction Playbook , an Ingo Money collaboration.

Instant Payments 94

Instant Payments Non-Bank Payer Payments 94

PYMNTS

JANUARY 25, 2021

In today’s top payments news around the world, India’s central bank wants stricter regulations for big shadow lenders, while global foreign direct investment (FDI) dropped last year and the pandemic will continue to impact it this year. Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders.

Central Bank 87

Central Bank Cross-Border Non-Bank Regulations 87

Stax

SEPTEMBER 17, 2024

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Think of it as a cash register, except that the payments it processes are non-cash. The customer’s card-issuing bank that holds their credit card account.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Fi911

MAY 7, 2024

Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises. This system, though crucial for risk management in the banking sector, can have significant repercussions for the businesses that find themselves placed on the TMF. This blacklist is maintained by Mastercard.

PCI DSS 82

PCI DSS Processors Compromise Identity Theft 82

The Fintech Times

MARCH 12, 2024

The Fintech Times Bi-Weekly News Roundup on Tuesday 12 March 2024 reveals a new group CEO for Starling Bank , while Allica Bank partners with Sage and Xero. Allica Bank has announced partnerships with accounting software platforms Sage and Xero.

FinTech 69

FinTech Non-Bank Cross-Border Payments ISVS 69

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 117

Online and Mobile Banking Treasury Non-Bank Finance 117

PYMNTS

NOVEMBER 23, 2020

India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling over whether to allow industrial conglomerates to set up banking units, according to Reuters. In a committee report released on Friday (Nov.

Central Bank 97

Central Bank Non-Bank NOV Regulations 97

The Fintech Times

FEBRUARY 6, 2024

Partnership agreements with some of the biggest names in financial advice, banks & asset managers. Customers include Cavendish Online (part of Lloyds Banking Group ), Aviva , Schroders , 7IM and Age Partnership. Tasks are automated to allow advisers to focus on the priority area: clients. How did you get into the fintech industry?

AI 59

AI Non-Bank Underserved On-Demand 59

Neopay

JANUARY 25, 2024

The European Banking Authority (EBA) on 16th January extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

FICO

OCTOBER 17, 2022

Open Banking in the Philippines and the Opportunities in the Data. Senior Consultant, Analytics. Open Banking in the Philippines - the path ahead. Open Banking in the Philippines promises to give customers the control to share their data and allow third-party providers to access their data. FICO Admin. by Mark Roberts.

Credit Risk 52

Credit Risk Payment APIs and Integration Consulting Non-Bank 52

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. to 2.9%) while the non-qualified is the highest.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Fintech Finance

MAY 22, 2024

This comprehensive white-label solution allows financial and non-financial entities to place a “request remittance” button into their offering to tap into the remittance flows from the U.S. to Latin American and Caribbean countries, capitalizing on a $155 billion market, as reported by the Inter-American Development Bank.

Visa 52

Visa Debit Card AML AI 52

The Fintech Times

JANUARY 9, 2024

The platform, which is backed by Lloyds Bank, targets cash flow shortages, a primary cause of delayed payments in the construction sector. He joins Optimum with more than 40 years’ experience within invoice finance and the financial services, including a long stint at Lloyds Banking Group.

FinTech 59

FinTech Non-Bank Cross-Border Payments Embedded Finance 59

Neopay

JULY 23, 2024

The Financial Conduct Authority (FCA) has instructed financial firms, including banks, payment firms, and lenders, to enhance their treatment of parliamentarians, senior public servants, and their families to prevent unfair practices. The guidance is open for consultation until 18 October 2024, and the FCA welcomes further input.

Risk Assessment 52

Risk Assessment Compliance Legal Risk 52

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Non-Compliance Fees Breaking processor terms for excessive chargebacks or returns, late batches, invalid data, or other violations generates non-compliance fees from $25 on up.

Processors 52

Processors IRS Push-to-Card Non-Bank 52