Payments Dive

NOVEMBER 8, 2024

The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

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Digital Payments Payments 208

Bank Automation

NOVEMBER 8, 2024

PNC Financial Services Group Inc. said it will spend $500 million more than originally planned to double its branch expansion and renovate more of its existing bank locations. The Pittsburgh-based lender plans to add 100-plus branches in cities including Atlanta, Phoenix and Charlotte and Raleigh, North Carolina, and Miami, Orlando and Tampa, Florida, and renovate […] The post PNC now plans to spend $1.5B as branch expansion doubled appeared first on Bank Automation News.

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Origination Automation Posting 110

The Payments Association

NOVEMBER 8, 2024

It’s certainly not a secret that AI is reshaping the payments landscape, playing a pivotal role in fraud prevention, regulatory compliance, and enhancing customer experience. One of AI’s most transformative impacts in the payments industry is on payment routing, the process that ensures each transaction finds the most efficient and secure path from customer to the acquiring bank.

AI 88

AI Payment APIs and Integration Payments Acquirers 88

Bank Automation

NOVEMBER 8, 2024

Younger bank clients are seeking more digital offerings from financial institutions as interest in physical bank branches declines, a new report shows. “To remain relevant to digital-first consumers, [financial institutions] need to offer an intuitive online and mobile banking solution and deliver experiences that younger consumers expect,” Chris Cox, chief operating officer at digital banking […] The post Digital offerings draw younger clients to FIs appeared first on Bank Automation New

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Online and Mobile Banking Mobile Banking Automation Consumer 105

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Payments

The Payments Association

NOVEMBER 8, 2024

Europe-based PAYSTRAX was looking for a comprehensive solution that would help their merchants prevent chargebacks, expand their list of value-added services, and improve transaction acceptance. With DisputeHelp we were able to go to market quickly with Ethoca Alerts and Visa Rapid Dispute Resolution (RDR) and accomplish all three of these goals. Want to learn how?

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Disputes Value Added Service Regulatory Compliance Acquirers 88

Finextra

NOVEMBER 8, 2024

The Consumer Financial Protection Bureau (CFPB) has charged the US’s largest credit union for illegally charging users overdraft fees.

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Consumer Financial Protection Bureau (CFPB) Credit Union Junk Fees CFPB 103

Payments Dive

NOVEMBER 8, 2024

Payments volume soared for the money transfer fintechs during the third quarter. Meanwhile, revenue at legacy rival Western Union slipped.

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Cross-Border Payments Cross-Border Volume Payments 78

Fintech Finance

NOVEMBER 8, 2024

PayPoint and Northern Ireland electricity supplier, Share Energy , are pleased to announce a new partnership that will provide pre-payment customers with convenient payment solutions available immediately at PayPoint locations. The partnership means all pre-payment Share Energy customers can now top-up their electricity meters in any one of PayPoint’s 1,167 stores in Northern Ireland.

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Payment Solutions Payments End User On-Demand 86

Fi911

NOVEMBER 8, 2024

We’re very excited to announce that Fi911, as well as our US-based parent company Chargebacks911, have both been nominated for titles at the 2025 Card & Payments Awards! The Card & Payments Awards recognize excellence and innovation across the industry. Entries open in June and close in September each year. The awards remain one of the leading annual networking events for the UK and Irish card and payments industry, with over 1,000 guests attending on the night of the ceremony, represent

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Fintech Finance

NOVEMBER 8, 2024

Caruso , one of the largest and privately held real estate development and hospitality companies in the United States, and Fidel API , the global leader in card-linked offer technology, are excited to announce the renewal of their partnership. This collaboration aims to provide Caruso’s guests with seamless access to tailored rewards and offers, enhancing the shopping experience across the company’s premier retail destinations in California.

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API Innovation Consumer Continuity 84

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Bank Automation

NOVEMBER 8, 2024

Financial institutions and tech providers are teaming up to develop training programs to help bank employees navigate new AI-driven technology. As banks look to AI to gain efficiencies, employees must get on board, Srinivasan Seshadri, global head of financial services at tech provider HCLTech, told Bank Automation News, adding that FIs “want to do more […] The post BNY, Citizens, Truist train employees on AI appeared first on Bank Automation News.

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AI Automation Posting Technology 64

Fintech Finance

NOVEMBER 8, 2024

TD Bank Group (TD) is pleased to announce a collaboration with independent software vendor, TouchBistro, enabling Canadian restaurant and food service entrepreneurs to consolidate all management and payment services into one, easy to use POS and restaurant management system. Available to all TD customers, TouchBistro provides restaurateurs with everything they need to drive sales and streamline operations through their comprehensive suite of front of house, back of house, and guest engagement te

Payment Solutions 80

Payment Solutions Payments Debit Card Small Business 80

The Fintech Times

NOVEMBER 8, 2024

Artificial intelligence (AI) is quickly becoming an essential tool in the banking industry, as the demand for personalisation is spiking. Revealing how impactful AI can really be in meeting this demand, CleverTap , the all-in-one engagement platform explored the tech’s use in the global banking landscape. In its research , titled Banking on AI: A Leader’s Guide to Customer Engagement Excellence in Banking , CleverTap uncovered how AI can be leveraged to address modern banking challen

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AI On-Demand Compromise Automation 63

Fintech Finance

NOVEMBER 8, 2024

Ebury , the global financial technology firm, is delighted to announce that is has become the new “Official FX Partner” of notable Spanish football club, C.D. Leganés. Ebury offers a range of international trade services across payments and collections, FX risk management and strategies in over 130 currencies for major and emerging markets, cash management strategies and business lending.

Multi-Currency 77

Multi-Currency Risk Management SWIFT Treasury 77

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Best Practices

Finovate

NOVEMBER 8, 2024

This week’s edition of Finovate Global showcases fintech innovation in Indonesia. Thought Machine helps modernize Islamic finance Core banking and payments technology company Thought Machine has partnered with BCA Syariah to bring digital, Sharia-compliant financial products and services to its customers. The bank, a subsidiary of Bank Central Asia (BCA), has deployed Thought Machine’s core banking platform, Vault Cor e, which has enabled the institution to launch a number of new sol

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Cross-Border Payments Cross-Border Payment APIs and Integration FinTech 58

Bank Automation

NOVEMBER 8, 2024

Fintech Appli recently launched an AI-driven financial calculator that can be embedded into a financial institution’s lending platform in minutes using just one line of code. “AI is best used when it’s most practical,” founder and chief executive of the Salt Lake City startup Tim Pranger tells Bank Automation News on this episode of […] The post Podcast: Fintech founder Pranger touts virtues of ‘practical’ AI appeared first on Bank Automation News.

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AI FinTech Automation Posting 59

Finextra

NOVEMBER 8, 2024

Nium, the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

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Cross-Border Payments Cross-Border Payments 59

The Paypers

NOVEMBER 8, 2024

Africhange has announced that its Nigerian branch, Currenzo, has obtained an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria.

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Central Bank Security 69

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

Payments

Finextra

NOVEMBER 8, 2024

Join FinextraTV as Anita de Horde, co-founder and executive director, Finance for Biodiversity Foundation, discusses COP16 in comparison to the momentum gained after COP15, which was the first biodiversity conference that saw hundreds of financial services professionals attending and in turn, showcasing how influential biodiversity is becoming when industries consider standards, measurements, and solutions.

Addressing 59

Addressing Finance 59

The Fintech Times

NOVEMBER 8, 2024

The Land Transport Authority of Singapore (LTA) will now be able to disburse mobilisation advance payments to its main contractors with better transparency as a result of the multinational banking and financial services corporation, OCBC , integrating a blockchain-based conditional payments solution with its business banking platform. This payment solution allows LTA to digitally transform the payout of mobilisation advance payments of its construction projects for better governance and more tr

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Blockchain Payments Payment Solutions Authorization 58

Finextra

NOVEMBER 8, 2024

Fubon Bank has been fined HK$4 million by the Hong Kong Monetary Authority (HKMA) for violation of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

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Authorization Money Laundering Finance 59

The Fintech Times

NOVEMBER 8, 2024

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients. The solution, dubbed UBS Digital Cash, aims to increase the transparency and security of cross-border payments with blockchain-based payments.

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Cross-Border Cross-Border Payments Payment Solutions Blockchain 58

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Continuity

Finextra

NOVEMBER 8, 2024

The UK government has been called to make financial education compulsory from primary school by GoHenry, at an event in the House of Commons this week.

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Government Governance 59

The Fintech Times

NOVEMBER 8, 2024

The friction applied to instant bank transfer to slow down payments and protect customers from scams is proving ineffective, according to new research by Tunic Pay , an anti-fraud fintech supporting UK banks in detecting and preventing scams. Tunic Pay research of 2,000 UK adults, conducted by market research consultancy Opinium , found that only a third (33 per cent) of UK adults say they read their banks’ fraud warnings before making a payment.

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Scams Fraud Prevention Research Rules 58

The Paypers

NOVEMBER 8, 2024

Ingenico and Crypto.com have announced a new partnership to introduce cryptocurrency payments to Ingenico’s merchant platform globally.

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Cryptocurrency Payments 69

Finextra

NOVEMBER 8, 2024

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore why the UK AI market is set to grow exponentially.

AI 52

AI 52

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Finezza

NOVEMBER 8, 2024

Peer-to-peer lending (P2P lending) is disrupting the traditional financial framework, but not without raising concerns about regulatory oversight and borrower-lender protections. Unlike regulated banks, which must adhere to the strict RBI guidelines for documentation, credit assessment, and compliance, P2P platforms often operate with minimal requirements.

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Regulations P2P Assessments Compliance 52

Finextra

NOVEMBER 8, 2024

Global branded payments provider, Blackhawk Network (BHN) has partnered with Visa Inc. and Mastercard to bring the speed, convenience and security of an eGift into physical retail stores with the launch of Visa eGift and Mastercard eGift.

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Visa Security Payments 52

Bank Automation

NOVEMBER 8, 2024

Scott Case, former Truist Financial chief information officer, started in his new role as executive vice president and head of technology and operations at Prudential Financial this week. He replaces Stacey Goodman who announced her retirement in October. Steve Hagerman filled Truist’s CIO role in October. “Prudential has been on a journey to modernize the […] The post Former Truist CIO Scott Case joins Prudential Financial appeared first on Bank Automation News.

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Finextra

NOVEMBER 8, 2024

Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Kemba Credit Union, a Cincinnati, Ohio-based credit union, has partnered with Alkami to launch its digital banking solution for both retail and business members. Alkami’s comprehensive Digital Banking Platform will equip Kemba Credit Union’s members with intuitive self-service tools and a highly personalized user experience.

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Credit Union Technology 52

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Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

Payments