Sat.Dec 09, 2023

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Consumer Duty Predictions With Quadient, Fujitsu, Weavr, Provenir, Eligible, Currensea, Zuto, Cardlytics, Fuse

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024.

Consumer 111
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The Difference Between a Payment Acquirer, ISO, and PayFac

Clearly Payments

Navigating the realm of payment processing unveils three key players: acquirers, ISOs, and aggregators. While all contribute to transactional fluidity, their distinct roles cater to diverse market needs. An in-depth comprehension of these differences empowers businesses to select the optimal solution for their unique requirements. Acquirers: The Foundation of Payment Networks At the heart of payment processing, acquirers, often referred to as acquiring banks , play a foundational role.

ISOs 59
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Airwallex Cuts KYC False Positives in Half With Generative AI and Boosts Customer Onboarding

The Fintech Times

A new generative AI tool has been dramatically enhancing the speed and efficiency of Know Your Customer (KYC) and onboarding processes for fintech Airwallex. Generative AI has enabled Airwallex to reduce ‘false positives’ by around 50 per cent on average, while also boosting the number of customers that pass through the onboarding process without human intervention by 20 per cent.

AI 80