Bank Automation

SEPTEMBER 11, 2024

The $184 billion bank wants FedNow to reach 5% of demand deposit accounts (DDA) before joining the payment network. DDA’s allow deposited funds to be withdrawn at any time, Jon Briggs, head of […] The post KeyBank to hold off on FedNow until DDA reach hits 5% appeared first on Bank Automation News.

Demand Deposit Account (DDA) 68

Demand Deposit Account (DDA) FedNow Deposit Account Real Time Payments 68

Finextra

MAY 22, 2024

The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds.

Deposit Account 104

Deposit Account Debit Card Finance Accounts 104

Finextra

SEPTEMBER 16, 2024

Finastra, a global provider of financial services software applications, today announced an integration with Prelim, an industry-leading fintech, for its Finastra Phoenix core solution, enhancing the retail and commercial deposit account opening experience.

Accounts 52

Accounts Deposit Account FinTech 52

The Paypers

JUNE 12, 2018

(The Paypers) Avoka has released its Springboard Deposit Account Opening Solution, offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.

Deposit Account 28

Deposit Account Accounts Risk 28

Payments Source

SEPTEMBER 24, 2018

Just as Green Dot leveraged partnerships with the likes of Uber and Apple to expand its reach, Netspend also is looking to its retail partners including Kroger, CVS and Kohl’s for new digital payment use cases.

Deposit Account 67

Deposit Account Accounts Use Case Digital Payments 67

Finextra

AUGUST 19, 2024

InvestiFi, Inc, the only InvestTech platform designed to enable trading to and from deposit accounts, will deliver new natively integrated investing solutions and expanded financial education for Bluestone Federal Credit Union members.

Credit Union 52

Credit Union Deposit Account Accounts 52

Fintech News

JANUARY 24, 2024

OCBC Money Lock seeks to counter this by necessitating in-branch verification, for any alterations or withdrawals from time deposit accounts. This unlocking process will require a physical card and PIN, akin to the procedure for current and savings accounts.

Security 86

Security Deposit Account Phishing ATM 86

Finextra

MAY 27, 2024

CIBC today announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner.

Deposit Account 52

Deposit Account Credit Cards Accounts 52

Payments Source

JULY 18, 2016

Banco Popular North America in New York has launched a digital-banking platform.

Deposit Account 63

Deposit Account Accounts Technology 63

Finovate

AUGUST 6, 2024

The partnership will integrate Astra’s Card to Account payment solution directly within Blend’s Deposit Account application flow. “Today consumers expect a frictionless, real-time product experience, and that starts at account opening,” Astra CEO and Co-Founder Gil Akos said.

Instant Payments 59

Instant Payments Deposit Account Payment APIs and Integration Credit Union 59

Finextra

MAY 6, 2024

KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure.

Demand Deposit Account (DDA) 52

Demand Deposit Account (DDA) Accounts Treasury Management Deposit Account 52

Payments Source

MARCH 1, 2021

The payment processing company will offer loans and deposit accounts to its small-business customers through a Utah-based industrial bank.

Deposit Account 133

Deposit Account Small Business Accounts Process 133

Finextra

APRIL 16, 2024

ATB Ventures, the research and innovation arm of ATB Financial, today announced a strategic partnership between Oliu™, its state-of-the-art layered ID verification platform and thirdstream, a leading provider of deposit account opening and retail lending solutions for financial institutions.

Verification 52

Verification Deposit Account Research Innovation 52

The Paypers

AUGUST 6, 2024

Blend has partnered with Astra to enhance the digital onboarding experience for consumers looking to quickly and seamlessly fund their new deposit account.

Deposit Account 36

Deposit Account Accounts Consumer 36

Finextra

JULY 15, 2024

Leading Alkami Technology services firm, HiFin Technology has partnered with InvestiFi, the only InvestTech Platform designed to allow for trading to and from deposit accounts at retail banks and Credit Unions.

Technology 40

Technology Credit Union Deposit Account Accounts 40

Fintech News

AUGUST 13, 2024

This allows them to open accounts, save, and make payments directly within the Grab app without the need for an additional app. Superbank offers products like flexible deposit accounts offering up to 7.5% interest per year and savings accounts with no administrative fees.

Deposit Account 98

Deposit Account Accounts Innovation Security 98

The Paypers

JANUARY 27, 2022

Payment service provider Klarna has launched a fixed-term deposit offer "Festgeld+" in the Klarna App for German customers.

Deposit Account 28

Deposit Account Accounts Service Provider Payments 28

Fintech Labs Insights

MAY 20, 2015

It has long been a pet peeve that financial institutions usually tell me to “apply” for a checking or deposit account. The post Tuesday Tactics: Removing “Application” from your Deposit Account Sales Process appeared first on Finovate. I’m sending you my money and you might not let me?

Deposit Account 27

Deposit Account Accounts Process Credit Union 27

Payments Source

MAY 11, 2020

In announcing its plan to offer a deposit account and debit card in partnership with SoFi, the mobile phone maker suggested that the coronavirus pandemic will accelerate consumers’ adoption of contactless payments.

Debit Card 73

Debit Card Contactless Payments Deposit Account Consumer 73

The Paypers

JUNE 16, 2023

Citi TTA has partnered with Brazil-based banking and payments software company Pismo to improve the former’s corporate demand deposit accounts.

Treasury 36

Treasury Deposit Account Accounts Payments 36

Fintech News

JUNE 5, 2024

The bank offers a range of services designed for MSMEs, including multi-currency business accounts, unsecured financing with flexible repayment options, and fixed deposit accounts with low entry thresholds. million.

Micro-Entry 95

Micro-Entry Multi-Currency SARS Cross-Border 95

The Paypers

MAY 6, 2022

The Philippines-based e-wallet GCash has announced it has plans to start offering up to 7% interest rates for new deposit accounts on its app, in partnership with CIMB.

Deposit Account 53

Deposit Account Accounts 53

Fintech Finance

APRIL 8, 2024

Introducing digital currency and blockchain for cross-border payments Together with Onyx’s Blockchain Deposit Account product, JPM Coin, Kyriba leverages the power of blockchain and efficiency of real-time payment processing to increase end-to-end payments transparency.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Innovation Cross-Border Payments 52

Payments Source

MARCH 6, 2019

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.

Deposit Account 68

Deposit Account Rules FinTech Accounts 68

Fintech News

MARCH 10, 2024

UOB’s data shows that women are prioritising savings, with a notable increase in the ownership of high-yield savings accounts and fixed deposit accounts held by female customers.

Credit Cards 88

Credit Cards Deposit Account SWIFT Adjustments 88

The Fintech Times

JULY 9, 2024

Ethos will debut with a Shariah-compliant deposit account (Mudaraba structure) and a Home Purchase Plan mortgage (Musharakah and Ijarah structure) using Thought Machine’s core banking platform, Vault Core.

Finance 64

Finance Deposit Account Compromise Assessments 64

Electronic Payments Coalition

OCTOBER 20, 2023

The coalition includes organizations representing the vast majority of federally-regulated financial institutions across the country, including community banks, credit unions, and institutions serving the military community concerned about the negative impact Reg II changes could have on millions of deposit account holders.

Debit Card 40

Debit Card Fed Credit Union Regs 40

PYMNTS

JUNE 17, 2020

Mersch said a retail CBDC could be based on deposit accounts opened with a central bank. Though involving vast numbers of accounts, it would not be a particularly innovative option from a technological viewpoint,” he said.

Digital Currency 89

Digital Currency Central Bank CBDC Deposit Account 89

Payments Source

SEPTEMBER 13, 2016

eliminated product sales goals for its consumer bankers as the company seeks to reassure regulators, lawmakers and customers after employees opened card and deposit accounts without clients’ approval. Wells Fargo & Co.

Accounts 71

Accounts Deposit Account Regulations Product 71

PYMNTS

MAY 7, 2020

This is pertinent to artificial intelligence (AI) in finance, where enhanced forms like adaptive AI are fulfilling the technology’s promise by actually “learning” — foremost from the behavior of legitimate deposit account holders — so that hackers stand out when they make a move. Automate to Validate .

AI 99

AI Deposit Account Near Real-Time Online and Mobile Banking 99

Fintech Finance

JULY 23, 2024

Efficiently locating transactions is critical for businesses with higher volumes of transactions: 82% of the Scorecard banks’ mobile apps provide small business account owners the ability to search, sort or filter deposit account transactions, 73% enable history search by amount and description, and 45% support keyword search.

Small Business 77

Small Business Digital Payments Online and Mobile Banking Wires 77

The Paypers

MAY 14, 2021

US-based banks have planned to start sharing data on customers’ deposit accounts to extend credit to people who have traditionally lacked opportunities to borrow, according to WSJ.

Credit Cards 34

Credit Cards Deposit Account Accounts 34

The Paypers

MAY 28, 2021

Airstar has announced introducing SME banking services, after the increase of both deposit accounts and loan customers.

Deposit Account 31

Deposit Account Accounts 31

PYMNTS

MAY 21, 2020

Mersch added that a retail CBDC could be based on deposit accounts with the central bank. Though involving vast numbers of accounts, it would not be a particularly innovative option from a technological viewpoint.

Digital Currency 97

Digital Currency Central Bank CBDC Federal Reserve 97

PYMNTS

JANUARY 11, 2021

customers expect from their everyday primary bank account.” . He added that Revolut strives to be “the best in class for customer experience, value and capabilities” and offer a full range of services from deposit accounts and overdraft protection to loans and credit cards. 11) that having a U.K.

Financial Crimes 86

Financial Crimes Deposit Account Cryptocurrency Advisors 86

PYMNTS

APRIL 15, 2020

Walmart is hoping customers will sign up for its Walmart MoneyCard to create a direct deposit account to access the government stimulus payments being sent out this week, touting waived fees and quick access, according to an emailed press release. The retail giant said the process would be safe, easy and affordable.

Checks 98

Checks Direct Deposit Accounts IRS 98

PYMNTS

MARCH 19, 2020

The bank will extend small business loans and deposit accounts, Square said in a statement. “We One of the conditions would require the proposed bank to maintain levels of capital that are significantly higher than typical FDIC-insured banks,” FDIC Chairman Jelena McWilliams said a statement. The new bank anticipates opening next year.

FDIC 110

FDIC Deposit Account Underserved Small Business 110