Fintech News

NOVEMBER 5, 2024

Visa has announced a suite of new products and services aimed at transforming the future of payments in the Asia Pacific region at the Singapore Fintech Festival 2024 (SFF 2024). Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

Product 106

Product Cross-Border Cross-Border Payments Credential 106

Finovate

OCTOBER 29, 2024

Array , an embedded consumer products platform, has agreed to acquire embedded debt guidance solutions provider Payitoff. “We acquired Payitoff because our companies have a shared vision to provide seamless, embeddable products that fuel financial progress. Terms of the transaction were not disclosed.

Acquirers 105

Acquirers Consumer Payment APIs and Integration Privacy 105

The Payments Association

OCTOBER 17, 2024

Visionary leadership is crucial for driving innovation and navigating the rapid changes in the payments industry. The capacity to navigate these changes, spearhead innovation, and deliver products that resonate with a demanding consumer base underscores the critical role leaders play in this sector.

Innovation 88

Innovation Payments On-Demand Cybersecurity 88

Fintech Finance

JULY 3, 2024

Paymentology , the leading global issuer-processor, today announces the appointment of Stephen Bowe as Chief Product Officer. With over 15 years of experience in banking and payments Stephen joins Paymentology’s leadership team to build on the company’s success by driving further innovation in the company’s payment products.

Product 98

Product Payment APIs and Integration Cross-Border Payments Cross-Border 98

PYMNTS

FEBRUARY 10, 2020

PSCU has appointed Denise Stevens as senior vice president and chief product officer, while Scott Young will head the product delivery leadership team as vice president of innovation, PSCU announced today (Feb. Stevens will oversee product delivery and management, as well as its innovation teams.

Product 84

Product Credit Union Innovation Credit Union Service Organization 84

Bank Automation

OCTOBER 23, 2024

Experts are assessing the effects of the Personal Data Right rule on consumers, competition and innovation following the Consumer Financial Protection Bureau’s announcement of the finalized rule.

CFPB 52

CFPB Rules Innovation Assessments 52

Fintech Finance

NOVEMBER 1, 2024

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces the soft launch of Salom Card, its flagship debit card product. A sleek and innovative daily banking product, Salom Card will transform how people in Uzbekistan interact with their bank. This product will drive our customer growth.

Product 104

Product Debit Card ATM Finance 104

The Fintech Times

MARCH 28, 2024

Synergy between innovation-driven startups and established industry players is not only reshaping traditional practices but also addressing the dynamic needs of modern consumers. “At Qover, we stress the importance of combining strengths and innovation to navigate the complexities of the insurance industry.

Innovation 68

Innovation Consumer On-Demand Risk Assessment 68

NFCW

JANUARY 11, 2024

Already one of the most energy efficient and low e-waste wireless technologies to connect products, the NFC Forum community is proud to announce its next tangible steps towards researching, learning and advancing our sustainable thinking and approach to do even more,” says Mike McCamon, executive director of the NFC Forum.

Product 106

Product CHIPS Use Case Regulations 106

Fintech Finance

NOVEMBER 22, 2024

This growth surge is fueled by a wave of new partnerships and a rising number of merchants embracing Trustly’s innovative payment technology to meet the demand for faster, more secure transactions. Trustly has also integrated with Italy’s leading banks including Intesa Sanpaolo, UniCredit, Poste Italiane and BNL.

Transactions 95

Transactions Innovation On-Demand Instant Payments 95

Fintech Finance

JULY 30, 2024

This is a digital first implementation which means that consumers can create a digital card, tokenize the digital card on their devices and use it to perform contactless payments globally. The post Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card appeared first on FF News | Fintech Finance.

Multi-Currency 136

Multi-Currency Visa Innovation Point-of-Sale (POS) 136

Fintech Finance

AUGUST 14, 2024

By combining TransUnion’s extensive scoring data and services teams with receeve’s technology, the partnership will deliver a comprehensive solution that enables better decision-making and can help enhance consumer wellbeing. “Our partnership with receeve will improve services and aid in meeting clients’ evolving needs.

Innovation 98

Innovation AI Consumer Process 98

Fintech Finance

NOVEMBER 12, 2024

There, the most prominent experts in the field will be sharing their strategic assessments and their thoughts on the latest technological innovations, upcoming regulatory changes and major challenges facing the market. Those prizes recognize the most impactful and disruptive innovations on the identification and payment market.

Innovation 98

Innovation Web 3.0 Fraud Detection Payments 98

The Payments Association

NOVEMBER 16, 2023

As retail open banking continues to grow, mechanisms should be put in place to balance innovative products for consumers while ensuring adequate fraud protection. Read more

Payer 88

Payer Innovation Continuity Product 88

Fintech Finance

NOVEMBER 13, 2024

New research from Visa has revealed that two in five (40%) UK consumers would replace everyday personal items with biometrically powered devices – such as replacing their house or car keys with fingerprint access or facial ID. Surprisingly, nearly a third of people over the age of 65 would also make this swap.

Consumer 93

Consumer Crime Research Authentication 93

Fintech News

JUNE 5, 2024

Currently, most BNPL products are not covered by the National Consumer Credit Act, leaving consumers without the same protections such as affordability checks that apply to credit cards and loans. BNPL providers will need to assess whether their products are suitable and affordable for consumers.

Regulations 109

Regulations BNPL Product Consumer Protection 109

Finovate

SEPTEMBER 20, 2024

It’s both because of its highly educated domestic workforce – a product of a strong education system, and also because Uzbekistan is benefiting from an influx of returning expats and a broad range of international tech specialists from neighboring countries. What is the level of interest in fintech innovation there?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

The Fintech Times

FEBRUARY 17, 2024

At The Fintech Times we frequently encounter companies touting their latest products as ‘innovative’ that promise to ‘revolutionise’ the industry. John Pyall, head of underwriting and product, Great Lakes Assurance SE “Let’s use our culture to evolve properly.”

Innovation 129

Innovation FinTech Underwriting Risk 129

PYMNTS

JULY 14, 2020

When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. 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

The Fintech Times

NOVEMBER 23, 2024

Eligible , a UK-based AI-driven servicing solution for the mortgage market, has launched ‘Conversations’, a new product enabling clients to engage borrowers at critical stages of their mortgage journey, to ensure customers are making informed decisions about their mortgages.

Product 58

Product AI Compliance Consumer 58

Bank Automation

OCTOBER 8, 2024

Bank of America depends on client feedback when approaching innovation.

Product 59

Product Addressing Automation Innovation 59

Fintech News

SEPTEMBER 8, 2024

DBS has announced that Calvin Ong will take over as Head of Consumer Banking Singapore starting from 1 January 2025. Calvin Ong Ong, currently the Head of Investment Products & Advisory at DBS , has been with the bank since 2007, holding various roles in Corporate Treasury and Wealth Management. mobile wallet.

Consumer 105

Consumer Advisors Treasury Innovation 105

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. In contrast, digital banks like Monzo and Starling are attracting customers by offering lasting value through user-friendly platforms and innovative features.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

The Fintech Times

FEBRUARY 5, 2024

To better understand the role collaboration plays in driving innovation within fintech and banking, we hear from Jackie Toole , vice president of financial services at NTT DATA Services , who offers her expertise on the topic. Despite this, both parties stand to gain a lot when it comes to partnering with one another.

Innovation 115

Innovation FinTech Regulatory Compliance On-Demand 115

Fintech News

FEBRUARY 15, 2024

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings.

Innovation 117

Innovation FinTech Cross-Border Payments Cross-Border 117

Open Banking Excellence

MARCH 5, 2024

A sustainable economic model will encourage greater collaboration and innovation and expansion of products down the line and really drive improvements in customer journeys,” says Wright. For VRP to really take off, the industry needs to create a model that incentivises all parts of the value chain to innovate.

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

Fintech Finance

SEPTEMBER 9, 2024

Consumer product giant LG has opened its first-ever direct-to-consumer ecommerce store in South Africa, with online payment solution leader Payfast by Network supporting seamless transactions. The post Consumer Giant LG Offers Direct Sales with Payfast by Network appeared first on FF News | Fintech Finance.

Consumer 96

Consumer Payment Gateways Financial Inclusion Payment Solutions 96

The Fintech Times

NOVEMBER 22, 2024

This initiative builds on the momentum of three previous innovation calls launched this year by FinTech Scotland through its Financial Regulation Innovation Lab (FRIL). Through these calls, FRIL aims to encourage innovators to collaborate to deliver meaningful change in financial services and beyond.

Financial Crimes 58

Financial Crimes Crime Innovation FinTech 58

Finovate

APRIL 9, 2024

Regtech innovator Lucinity is starting to draw attention. Compounding this challenge is the reality that much of the information required to do this can be scattered across multiple systems, making the process both more complicated and more time-consuming. ” The company’s innovations have been noticed. .

Automation 109

Automation Innovation AI Financial Crimes 109

Fintech Finance

SEPTEMBER 12, 2024

“Network’s partnership with Lupiya, our newest fintech customer in Zambia, underscores our ability to enable digital financial service providers in all consumer segments and verticals. Innovating for financial inclusion Zambia has taken great strides in narrowing its gap in financial inclusion.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

Fintech Finance

SEPTEMBER 4, 2024

Visa today announced that it is applying the company’s infrastructure, technology and capabilities to account-to-account (A2A) payments, giving consumers more control and protection on how they pay via bank transfers. This affects consumers, businesses and the wider UK economy.

Consumer Protection 96

Consumer Protection Consumer Payments Disputes 96

Fintech News

OCTOBER 10, 2024

The banking landscape in India has undergone a major transformation, driven by significant investments in digital infrastructure and innovations by both incumbents banks and new fintech entrants, a new analysis by the Digital Fifth, a fintech consulting and advisory firm in India, says.

Payment APIs and Integration 117

Payment APIs and Integration Innovation Push-to-Card API 117

The Fintech Times

MARCH 25, 2024

Today, industry leaders offer perspectives on the key regions and factors driving insurtech innovation worldwide. “Several regions globally are leading the charge in insurtech innovation, driven by a combination of factors. “Asia, notably China, India and Singapore, is witnessing significant insurtech growth.

Innovation 110

Innovation Online and Mobile Banking On-Demand Technology 110

Finovate

SEPTEMBER 16, 2024

From hyper-personalization to compliance automation to product management, the digital transformation in retail bears many similarities to the digital transformation taking place in financial services. We caught up with Lohith Kumar Paripati ( LinkedIn ), Product Lead at Walmart, to talk about the digital transformation in retail.

Consumer 59

Consumer AI Embedded Finance Automation 59

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. Having looked into how embedded finance solutions have impacted various sub-sectors of finance, where could future innovations lead us? For some markets, it already is.

Embedded Finance 108

Embedded Finance Finance Innovation AI 108

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. Yet, despite these challenges, the fintech industry continues to innovate and adapt, seeking new avenues for growth and development.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142