Fintech Finance

AUGUST 5, 2024

Mbanq , a global leader in banking technology and Banking-as-a-Service (BaaS), has launched a new suite of white-label mobile digital banking apps. Vishwas Babu, Chief Product Officer, Mbanq, says, “Our new white-label digital banking apps offer unparalleled customization and a wide range of available integrations.

Credit Union 52

Credit Union Cross-Border Payments End User Non-Bank 52

Stax

AUGUST 20, 2024

In fact, the origins of embedded finance can be traced back to the 1950s when Ford launched the Ford Credit to provide financing options for car buyers. Request Quote Understanding Embedded Finance Embedded finance is the seamless integration of financial services and digital banking into conventionally non-financial business services.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

The Fintech Times

NOVEMBER 13, 2024

DigMo , which is licensed by the Bank of Zambia to operate a wallet, plans to support underserved users by providing access to engaging products with incentives. “If we just take existing products and make them more affordable or accessible, it is unlikely that we can dramatically change behaviours.

Accounts 58

Accounts Financial Inclusion Underserved Compliance 58

Finovate

JULY 15, 2024

Enjoy insights on AI in banking, AI in small business lending, and the future of financial wellness, debt collection, and credit-building. Greg Palmer interviewed Maya Mikhailov, CEO of SAVVI AI , on the importance of bringing concrete value to banks through AI. We) are a debt-buying collector, buying non-performing charge-offs.

AI 63

AI Credit Union Non-Bank Origination 63

FICO

MARCH 22, 2022

The pandemic impacted the financial situation of SME’s in various ways, including the need to suddenly adopt digital banking channels, arrange repayment deferrals and of course an increased need for lending; a need which is increasingly being targeted by new lenders offering a simplified digital lending process.

Posting 52

Posting Origination APACS Small Business 52

The Fintech Times

SEPTEMBER 17, 2024

Adyen joins Nayax’s network of acquiring banks and Nayax’s end-to-end payment and loyalty platform will integrate into Adyen’s single global platform. Ecofi, the asset manager of the French banking group Groupe Credit Cooperatif, has partnered with NeoXam. Company milestones Zopa Bank has surpassed £5billion in customer deposits.

FinTech 58

FinTech Payment APIs and Integration Online and Mobile Banking Cross-Border Payments 58

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. The service was introduced as part of a government initiative to increase competition in the banking sector, aiming to reduce the inertia that had kept 75% of account holders with the same bank for years.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 135

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

Fintech News

MAY 7, 2024

Today, we look at the biggest rounds of VC capital secured by Asian fintech startups in Q1 2024, delving into these companies’ product offerings, recent achievements and growth strategies. It will also continue to invest in its comprehensive tech stack to power the end-to-end customer journeys across banking, insurance, and embedded commerce.

Payment APIs and Integration 125

Payment APIs and Integration Non-Bank Finance FinTech 125

FICO

AUGUST 18, 2021

In my last blog , we explored why lenders should use analytics beyond single credit scores when making originations decisions. To answer these questions, let’s explore two banking journeys that illustrate the before-and-after value of using pooled models for originations decisions. ABC Bank: BEFORE. ABC Bank: AFTER.

Credit Union 52

Credit Union Origination Non-Bank Risk 52

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. Accenture’s “ Banking Top 10 Trends ” report for this year highlights this transformative journey. Generative AI supercharges banking.

AI 112

AI Risk Non-Bank On-Demand 112

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

Financial Inclusion 86

Financial Inclusion Office of the Comptroller of the Currency Blockchain OCC 86

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality.

FinTech 103

FinTech Payment APIs and Integration Credit Union API 103

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% growth rate in 2024, amid China’s subdued dynamics and diminished productivity elsewhere across APAC contributing to this bleaker forecast for the fastest-growing fintech companies.

FinTech 100

FinTech APACS Payment APIs and Integration Multi-Currency 100

Neopay

JANUARY 25, 2024

The European Banking Authority (EBA) on 16th January extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

Stax

JUNE 27, 2024

ACH Payment Wire Transfer Speed of transactions Typically takes 1-3 days for the receiving bank to receive the funds Within a day for a domestic wire transfer. Global ACH is available but only for bank-to-bank networks Wire transfers have no geographic limitations. No fees on the receiving side.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Fintech News

MAY 22, 2024

Among the top 50 financial crime tech companies named in FinCrimeTech50 , four originate from APAC and represent the region’s financial crime technology pioneers. It includes a suite of financial and non-financial crime risk domains with hundreds of risk indicators and controls, though users can also integrate their own. Transparently.AI

Financial Crimes 86

Financial Crimes Crime APACS Risk Assessment 86

PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. In addition, Monese adopted Thought Machine’s cloud banking platform. Fusion Reveals Payments Platform Banks. Europe and South Africa.

Innovation 120

Innovation Technology FinTech RTP 120

PYMNTS

NOVEMBER 3, 2020

But as PYMNTS reported in September , Chinese regulators have been boosting their scrutiny of non-bank financial companies. The total credit balances originated at the end of June period and fiscal year stood at 1.7

NOV 79

NOV Origination Small Business Non-Bank 79

PYMNTS

NOVEMBER 27, 2018

They’re also taking their toll on the non-bank mortgage lenders that proliferated in the good old days of zero or near-zero interest rates, compliments of the Federal Reserve. The Mortgage Bankers Association (MBA) reports that new home mortgage originations are at their lowest levels in years. The Supply Side of the Story.

Non-Bank 46

Non-Bank Underwriting Federal Reserve Origination 46

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. per transaction, these fees originate from payment networks but disproportionately benefit processors. Avoid them by reducing fraudulent transactions and providing excellent service and products.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

Fintech Labs Insights

OCTOBER 17, 2020

A startup from Little Rock, Arkansas, founded by West African immigrants, tackling a huge and important problem, managing the global banking & money transfers for NGOs. In its pitch ( above ), AidBanc outlines how World Vision has 2,000 bank accounts with more than 200 financial institutions in 100 countries. Funding: $120k.

Non-Bank 15

Non-Bank FinTech Cross-Border Payments Cross-Border 15

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 107

FinTech Online and Mobile Banking Blockchain Product 107

Nanonets

MAY 28, 2023

Original file vs renamed file PDF files are convenient for sharing and storing vast amounts of data/information. But this approach is impractical when dealing with unknown or non-standard document layouts. Looking to convert bank statements or other documents from PDF to Excel or PDF to XML ?

Use Case 98

Use Case XML Automation Rules 98

PYMNTS

JANUARY 15, 2020

Raisin will license Choice FS’ software to banks in the U.S., giving them the opportunity to develop personalized deposit products. Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. platform,” said Raisin U.S. CEO Paul Knodel.

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52

Wharton Fintech

OCTOBER 23, 2023

The conversation also unveils insights into Highnote’s latest Credit Issuing product. Check out the episode on Spotify | SoundCloud | Apple Podcast Read on for a sneak peak: How have legacy players like FIS and Fiserv responded to non-financial institutions offering financial products? Customer feedback drove the expansion.

Embedded Finance 52

Embedded Finance Finance Innovation Issuers 52

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. We’re also seeing existing standards such as EBICS — the Electronic Banking Internet Communication Standard — emerge across Europe,” he said.

Process 91

Process Payments Money Laundering Non-Bank 91

Clearly Payments

JUNE 28, 2024

On the opposite end of the spectrum are embedded payments, where transactions are processed within the original interface, providing a seamless experience. For example, a company selling gym membership management software can enhance its product by allowing gyms to charge their members directly through the software.

Embedded Payments 52

Embedded Payments Embedded Finance Payments Process 52

PYMNTS

MAY 1, 2020

The decision to temporarily suspend the origination of new HELOCs reflects careful consideration of current market conditions and the uncertainty around the timing and scope of the anticipated economic recovery.” Last month, the bank raised the minimum credit score for home equity loans to 720, up from 680.

Non-Bank 61

Non-Bank Economy Origination Product 61

CB Insights

DECEMBER 7, 2017

By the end of 2017, nearly $1.8T worth of mortgages will have been originated in the United States this year, according to government-backed mortgage lender Freddie Mac. Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

PYMNTS

JANUARY 23, 2020

“Increasing the transaction value limit to $100,000 is the next logical step for the growing RTP network,” said Steve Ledford, senior vice president of product strategy and development for TCH. . However, individual participants may set a lower value limit for payments they originate. Bank and Wells Fargo.

TCH 52

TCH RTP Transactions Credit Union 52

Tearsheet

AUGUST 7, 2024

Grace Howie , Vice President of Trade & Working Capital Fintech & Product Strategy at J.P. Grace Howie, Vice President of Trade & Working Capital Fintech & Product Strategy at J.P. Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. Morgan Payments 1.

AI 59

AI B2B Finance Underwriting 59

FICO

MAY 20, 2021

I’m very pleased to announce the release of the FICO® Falcon® Fraud Manager Retail Banking Consumer v3.0 model, which adds a Scam Detection Score to Falcon’s existing third-party fraud detection score for retail banking transfers. But this may not be enough, as pressure is mounting for reimbursement to be mandatory for all banks.

Scams 52

Scams Financial Crimes Non-Bank Crime 52

Nanonets

AUGUST 26, 2024

  Visual Classification The assignment of labels or category names to visual (non-text) content is image classification.  Through non-linear complex learning, these tools can thus capture local patterns, discern spatial dimensions, and consolidate information for a complete understanding of the image.

Rules 94

Rules Non-Bank Checks Irrevocability 94

Wharton Fintech

DECEMBER 6, 2023

Brear — the banking battlefield, fintech for SMEs & financial ecosystems globally In today’s episode, Kailee Costello hosts David Brear, the CEO and co-founder of 11:FS and one of the hosts of the Fintech Insider podcast. The banking battlefield. We discussed strategies that incumbent banks can take to stay competitive.

Underserved 52

Underserved FinTech Non-Bank Regulations 52

The Fintech Times

JANUARY 16, 2024

We’ve seen big insurtech providers like Origin arrive in the market and make a big impact. Showing how out of date it is, the modern solution is very similar to that found in Europe 20 years ago – where you need to fill in a form to buy your insurance products. Partnerships are a big thing as well.

Non-Bank 58

Non-Bank Embedded Finance Credit Cards FinTech 58