Finovate

JANUARY 15, 2025

“Our goal is to simplify lending processes, turning them into a seamless, hassle-free acquisition tool for credit unions, while providing consumers access to an array of local financing options and all the great benefits of credit union membership,” Union Credit Co-Founder and CRO Barry Kirby said.

Credit Union 104

Credit Union Origination API Finance 104

Basis Theory

NOVEMBER 12, 2024

The token vault offers a secure and PCI-compliant location to store original data (e.g., Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech Finance

OCTOBER 30, 2024

Payment processing platform Solidgate surveyed 1,000 adults and found that 1 in 4 had upsetting unexpected charges with their subscriptions and 80% wouldn’t recommend a subscription service to a friend if they had trouble canceling it, while 1 in 3 consumers cancelled a subscription service in the last year due to billing frustrations.

Research 98

Research FTC Payment Issues Payments 98

Fintech Finance

APRIL 9, 2025

Amount , a leader in consumer and small business deposit account opening and loan origination software, has selected ValidiFI , the leading provider of predictive bank account and payment intelligence, to enhance its digital origination capabilities. Amount clients include FIs collectively managing just over $3.1T

Origination 59

Origination Enrollments Account Validation Deposit Account 59

PYMNTS

NOVEMBER 18, 2020

According to the Fed’s latest quarterly report on household debt and credit, overall consumer debt hit $14.35 August was the six month in a row that saw a drop in consumer credit card balances, the lowest level since 2017. trillion, up $87 billion, a 0.6 percent increase over Q2. Mortgage debt hit $9.86 Mortgage debt hit $9.86

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

Fintech Finance

NOVEMBER 3, 2024

Affirm , the payment network that empowers consumers and helps merchants drive growth, has launched its flexible and transparent pay-over-time options in the UK. Affirm underwrites every individual transaction before making a real-time credit decision and only approves consumers following an assessment that evidences their ability to repay.

Consumer 98

Consumer Economy Regulatory Compliance Payment Networks 98

Finovate

MARCH 10, 2025

Financial wellness Augie unveils new credit card to help consumers build credit. Lending Digital banking solutions origination platform Blend Labs forges partnership with verification of income and employment platform Truework. Lithuanian digital bank myTU raises 10 million in Series A funding.

FinTech 95

FinTech Credit Union Central Bank Credit Cards 95

Fintech Finance

APRIL 10, 2025

A new income tax survey from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, developed in partnership with YouGov , shows that nearly 40% of taxpayers would use their tax refund to pay debt (e.g., credit cards, loans, etc.),

Tax Refunds 92

Tax Refunds IRS Identity Theft Alternative Payment Methods 92

Bank Automation

DECEMBER 12, 2024

Account origination solutions provider Mantl is adding consumer and business loan origination technology to its platform. The solution, Mantl Loan Origination, automates up to 100% of the loan application and decisioning process for personal and business loans.

Origination 52

Origination FinTech Automation Accounts 52

Payments Source

JULY 15, 2020

Businesses affected by the pandemic are accepting online and touchless in-person payments from consumers with the help of technologies developed originally for B2B invoicing and payments.

Origination 159

Origination B2B Payments Consumer 159

The Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Phishing Volume 88

Fintech Review

JULY 16, 2024

The concept of open banking originated from regulatory initiatives aimed at increasing competition and consumer choice in the financial sector. Benefits of Open Banking It offers numerous benefits, including enhanced competition, innovation, and consumer empowerment. Consumer awareness is another significant challenge.

Innovation 98

Innovation Consumer API Financial Inclusion 98

Fintech Finance

AUGUST 28, 2024

Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. More than one-third of consumers believe their data is less secure than it was five years ago, a figure that has increased steadily.

Identity Theft 105

Identity Theft Online and Mobile Banking Consumer Payments Trends 105

Fintech Finance

NOVEMBER 21, 2024

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, have announced that Zimswitch , Zimbabwe’s national electronic payments switch and a leading payments technology company, has chosen ACI’s Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities.

Fraud Prevention 97

Fraud Prevention Ubiquitous Payments Mitigation 97

The Payments Association

APRIL 22, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

PYMNTS

DECEMBER 23, 2020

Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau ( CFPB ) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release. Aside from the $4.75

CFPB 142

CFPB Consumer Financial Protection Bureau (CFPB) Non-Bank Origination 142

Fintech Finance

FEBRUARY 24, 2025

These solutions will enable issuers and fintechs to efficiently activate OEM (Original Equipment Manufacturer wallets), including popular options such as Apple Pay, Google Pay, and Samsung Pay. The partnership will feature two groundbreaking solutions: Mea Push Provisioning and Mea Card Data.

PCI DSS 89

PCI DSS Issuers Push-to-Card Digital Payments 89

The Fintech Times

MARCH 28, 2025

Rob Meakin, director of fraud and identity at Creditinfo Cannon added: “As we strive to expand our global reach and enhance financial access for millions of consumers and businesses worldwide, having Rob join our team is an invaluable advantage, strengthening both our security capabilities and our ability to deliver innovative solutions.”

Financial Crimes 76

Financial Crimes Crime Fraud Prevention Due Diligence 76

Fintech Finance

JANUARY 20, 2025

The original Pay N Play, launched in 2015, changed the game with its unparalleled speed. Trustlys proprietary data engine, Azura, which has already transformed the shopping industry, creates a network effect by enabling consumers who opt-in with one merchant to be recognised across all other sites offering Trustlys technology.

Addressing 96

Addressing Origination Innovation Returns 96

The Fintech Times

APRIL 7, 2025

The impact of fraud risks not only consumer confidence in digital finance, but also disproportionately affects those on lower incomes, with 70 per cent of victims suffering wider negative impacts, including mental and physical health and debt. Currently, 77 per cent of Authorised Push Payment ( APP ) fraud originates online.

Law Enforcement 45

Law Enforcement Innovation Finance Origination 45

Finovate

MARCH 12, 2025

Rocket anticipates that integrating Redfin’s home search and real estate agent network with its mortgage origination and servicing capabilities will offer users a more seamless experience, as Redfin will bring home search capabilities to Rocket’s mortgage financing and closing processes. .”

Acquirers 95

Acquirers Duplicate Close Processes Finance 95

M2P Fintech

DECEMBER 14, 2024

lakh crore as of March 2024, underscored the increasing demand for credit among Indian consumers. To make informed decisions, it’s essential to grasp the intricacies of the loan origination process. What is Loan Origination System (LOS)? The consumption loans portfolio, which expanded by 15.2% year-over-year to 90.3

Origination 52

Origination Payment APIs and Integration Compliance Assessments 52

Bank Automation

FEBRUARY 5, 2025

Loan origination systems MeridianLink and Sync1 Systems selected AI-driven lending technology provider Zest AI to integrate its fraud detection tool Zest Protect last week.

AI 59

AI Transactions Credit Union Fraud Detection 59

The Fintech Times

DECEMBER 21, 2024

Originally established in November 2020, the partnership between Affirm and Adyen began by making Affirm available to eligible Adyen merchants in the US, online and in-store through Adyens physical payment terminals. . Together with Affirm, were unlocking greater flexibility for consumers across the US and Canada.”

Payments 59

Payments BNPL Legal Consulting 59

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. Rivero co-founder Fatemeh Nikayin tells Payments Intelligence: “Today’s surge in current account switching is driven by consumers seeking more than just basic banking services.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. consumer reporting agencies (CRAs). Average U.S. by Ethan Dornhelm. expand_less Back To Top.

Consumer 98

Consumer Credit Cards Payments Governance 98

The Fintech Times

NOVEMBER 4, 2024

Affirm , the payment network aiming to empower consumers while helping merchants drive growth, has officially launched in the UK, bringing its pay-over-time options to the region. The firm promises that consumers will always know what they owe upfront.

Regulatory Compliance 59

Regulatory Compliance Consumer Processors On-Demand 59

Fintech News

FEBRUARY 2, 2025

Origins and Collaborative Development Pathway 2035 builds on the BIS working paper Finternet: The Financial System for the Future , co-authored by A. Through global collaboration, AI can unlock unprecedented opportunities for financial institutions and consumers alike. Carstens and N.

Innovation 131

Innovation Finance AI Encryption 131

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Payment data is inherently vulnerable because its compromise can have significant financial and personal consequences for consumers. Why is it important? What’s next?

Privacy 88

Privacy Payment Security AI Security 88

Stax

DECEMBER 6, 2023

These regulations are in place to protect both businesses and consumers from unfair and unethical surcharging practices. Now ubiquitous, credit cards provide consumers with a quick and secure payment method, often with rewards and other perks. Learn More What is Credit Card Surcharging?

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

Finovate

NOVEMBER 19, 2024

The California-based company has offered paper-based and recycled products since 2017, and made a pledge in 2022 to convert most of its own original card products to digital or paper. ” BHN reports that paper-based cards still offer convenience and reliability while posing minimal disruption to consumers, retailers, and issuers.

Visa 52

Visa Product Issuers Card Issuer 52

Fintech Finance

FEBRUARY 6, 2025

ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, has announced the extension of its fintech partnership ecosystem through an alliance with Banfico , a leading fintech specializing in regulatory technology, global account verification and Open Banking solutions. Additionally, Banfico is a Pay.UK-certified

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Instant Payments Verification FinTech 59

Finovate

JANUARY 8, 2025

TransUnion originally acquired a 30% stake in Monevo in 2021 and will acquire the remaining ownership position from Monevo’s majority stakeholder, Quint Group Limited. “Over the last three years, our partnership with Monevo has helped address gaps in the consumer experience. Financial terms of the deal were not disclosed.

Acquirers 52

Acquirers Origination Consumer Addressing 52

Fintech Finance

MARCH 18, 2025

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and Ingo Payments , a leading provider of embedded banking and money mobility solutions, today announced a partnership to provide a flexible, fast and secure digital disbursements solution: ACI Speedpay Digital Disbursements.

Payments 52

Payments Venmo Embedded Payments Reconciliation 52

The Payments Association

APRIL 8, 2025

The participants also examined the role of collaboration in overcoming shared challenges, all while adapting to changing consumer expectations. Payments Intelligence The payments industry is undergoing a rapid transformation, with emerging technologies and shifting consumer behaviours shaping the future of transactions.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

The Fintech Times

NOVEMBER 22, 2024

Rent The Roo , an Australian firm providing consumer leases, is partnering with direct bank payments fintech GoCardless , in a move to remove punitive dishonour fees for its customers and deliver fully digital direct debit payments and increasing payment success rates.

Automation 72

Automation Payments Payer Debit Transaction 72

Finovate

MARCH 25, 2025

LoanPro and NovoPayment have teamed up to help expand access to credit for consumers in Latin America. The partnership integrates LoanPro’s credit ledger and origination, servicing, and collections technology with NovoPayment’s API-based issuing processing.

Payment APIs and Integration 59

Payment APIs and Integration Financial Inclusion Origination API 59