Remove End User Remove Service Provider Remove Third-Party Service Provider
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Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other. Other regulations adding weight to financial service providers’ compliance burden include Europe’s PSD2 and the U.K.’s

Security 101
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FinTech Dave Reports Data Breach Involving 7.5M Users

PYMNTS

million banking users had been exposed on a forum used by hackers to sell and swap ill-gotten data. In a blog post, Dave blamed the data breach on Waydev, a former third-party service provider. The FinTech on Saturday (July 25) confirmed the data breach after reports emerged that details involving as many as 7.5

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Digital Offerings like BaaS to Contribute Over 40% of APAC Banking Revenue By 2030

Fintech News

The digital payment and financial services company, which counts more than 100 million active customers and 37 million merchants , offers a variety of services including digital payments, a digital wallet, mobile recharges, an e-commerce platform, bill payments and travel bookings.

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How Micro-Services And AI Can Speed FIs’ March Toward Instant Payments

PYMNTS

For their end users on either side of the transaction, speed matters, and online commerce may comprise the bulk of a firm’s top line. The revenue model of banks is changing,” said Brandli, “and will move more toward having third-party service providers offering services, and the banks underpinning that with the actual processes.”.

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Cross-Border Payments Need More Than Bank-FinTech Collaboration

PYMNTS

This comes as more FinTech firms and third-party service providers — including exchanges, clearing institutions, as well as infrastructure and technical providers — integrate their functionality into banks’ own platforms to enhance the cross-border payments experience.

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How Corporates Are Driving US RTP Adoption

PYMNTS

That effort made significant progress this week with FinTechs and financial institutions looking to take advantage of the benefits of real-time payments for their customers — beyond speed, and with an eye on corporate end-users. Massachusetts’ Berkshire Bank is one of them.

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Screen Scraping And The Dilemma Of Data

PYMNTS

In an interview with PYMNTS’ Karen Webster, Ralf Ohlhausen, business development director at PPRO Financial, said, “From the outset, none of the banks would have been very excited about the prospect of letting third parties access their customer data, which is quite understandable of course.”