The Fintech Times

JULY 16, 2024

Payment solutions provider Paycorp has expanded its embedded, pre-approved business funding offering into the United Kingdom, to meet growing demand in the region. According to the British Business Bank , 48 per cent of all UK SMEs with employees sought external finance in 2023, demonstrating the high demand for these solutions.

ATM 95

ATM Transactions Credit Risk On-Demand 95

PYMNTS

AUGUST 2, 2019

Free returns and more generous return windows have taken a lot of the sting out of the process. But for apparel that costs more and needs to look nice, the conventional wisdom was that consumers wouldn’t be as willing to make a blind buy. They wanted to see it in person, touch it and try it on. About half of all U.S.

On-Demand 49

On-Demand Returns Product Consumer 49

Fintech Finance

MAY 24, 2024

These include a right to dispute charges and demand a refund from the lender after returning a product purchased with a Buy Now, Pay Later loan. In a market report, the CFPB uncovered that more than 13% of Buy Now, Pay Later transactions involved a return or dispute. In 2021, people disputed or returned $1.8

Disputes 97

Disputes CFPB Consumer Financial Protection Bureau (CFPB) Consumer 97

Fintech Finance

JULY 15, 2024

According to the British Business Bank, nearly half (48%) of all UK SMEs with employees sought external finance in 2023, demonstrating the high demand for solutions like Paycorp’s. Through this venture, Paycorp and Retail Capital have offered instant working capital based on historical ATM transaction data.

ATM 105

ATM Credit Risk On-Demand Underwriting 105

Fintech News

FEBRUARY 25, 2024

The SEC Board’s resolution mandates that Zipmex suspend its business activities immediately and take necessary steps to return assets to its clients in accordance with their requests. Despite being given a 15-day period to rectify these issues, Zipmex did not meet the SEC’s rectification demands by the deadline.

Legal 109

Legal Returns On-Demand Laws 109

Fintech News

FEBRUARY 4, 2024

Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. In Southeast Asia, firms like Apex Private Wealth Management and Fargo Wealth Management in Singapore are evolving to meet changing demands.

AI 130

AI Returns On-Demand Underserved 130

Finovate

MAY 13, 2024

CB Insights announced the availability of its State of Insurtech report for the first quarter of 2024, and the Federal Reserve Board issued a summary of climate risk resiliences exercises conducted recently by a handful of big banks. With regards to the state of insurtech, there is still a great deal of hesitation among investors.

AI 119

AI Federal Reserve Underwriting Risk 119

PYMNTS

NOVEMBER 8, 2019

Customers who do not feel they can safely transact on such platforms are highly unlikely to return to them, putting tremendous pressure on merchants to provide experiences that are both seamless and secure. Digital marketplaces rely on trust to thrive.

On-Demand 40

On-Demand Credit Cards AI Underwriting 40

NFCW

APRIL 5, 2024

“Significant financial and security risks were exposed during these faults; continuing the demand for smart POS terminals to replace outdated legacy systems.” Juniper forecasts 25% increase in POS terminal transaction values by 2028 was written by Sarah Clark and published by NFCW.

Transactions 58

Transactions Research Mitigation Returns 58

Fintech Review

FEBRUARY 21, 2024

However, this initial traction is only sustainable if the startup achieves proper product-market fit, where the product effectively meets the demands of the market, thereby ensuring long-term customer retention. In finance, establishing trust with users is absolutely critical.

Product 96

Product FinTech On-Demand Finance 96

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. Unseen risks in the banking sector In 2024, banks face various familiar risks and less predictable risks.

AI 112

AI Risk Non-Bank On-Demand 112

PYMNTS

MARCH 21, 2020

Which is why, he said, their demand at this point now outstrips the demand they see during the typical holiday season rush. Baking’s Big Return . They’re mostly staying in and becoming slightly different – and arguably better – versions of themselves. And no, that last one isn’t a joke – in fact, it seems to be a trend.

Returns 73

Returns On-Demand Shutdown CHIPS 73

PYMNTS

DECEMBER 10, 2020

In eCommerce, Amazon ’s third-party merchants are worried they won’t be able to satisfy holiday demand due to restrictions on the volume of inventory the firm can keep in its facilities. 48.8% : Portion of consumers who require a vaccine before returning to their routines. All this, Today in Data. Data: $189B : Amount that U.S.

Credit Risk 102

Credit Risk Risk Management AI On-Demand 102

PYMNTS

MAY 1, 2020

They’re eyeing risk exposure while at the same time trying to help consumers get back on their feet. Recalibrating Risk. The prospect of extending credit, of course, brings key issues into focus, primarily those of risk and fraud. More Americans are living paycheck to paycheck. percent year over year.

Credit Risk 61

Credit Risk Risk AI Consumer 61

PYMNTS

JUNE 7, 2019

While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. The rise in online shopping means more shoppers needing refunds on returned merchandise. Many Happy Returns. It’s no small matter.

Returns 71

Returns Same Day ACH Real Time Payments Risk 71

Fintech News

AUGUST 19, 2024

Over in this region, Singapore’s DBS Digital Exchange (DDEx), backed by Southeast Asia’s largest banking group, DBS Bank, is set to tap on the growing demand for what it calls a “bank-grade, trusted and licenced platform that offers a complete suite of digital asset services across trading, custody and security token offerings.”

Accreditation 115

Accreditation Bitcoin Cryptocurrency Best Practices 115

The Fintech Times

SEPTEMBER 7, 2024

A triumphant celebration of Britpop’s return quickly descended into chaos, with many fans left disappointed, frustrated and significantly lighter in the wallet. This surge in pricing wasn’t due to a technical glitch, but rather the practice of dynamic pricing – a system where prices fluctuate based on demand.

On-Demand 59

On-Demand Laws AI Consumer 59

The Fintech Times

DECEMBER 12, 2023

insights served up today cover a wide range of topics, including investment trends in Latin America, the resilience of investors in the face of economic challenges, the impact of geopolitical risks, the outlook for fundraising in the fintech sector, and the evolving dynamics of the financial industry.

FinTech 129

FinTech Risk Economy Returns 129

Fintech News

SEPTEMBER 4, 2024

Paywatch (Malaysia) Paywatch platform and illustration, Source: Paywatch Founded in 2020, Paywatch is a fintech company offering a debt-free earned wage access (EWA) solution, commonly known as on-demand pay. This solution allows workers to access a portion of their earned salary in real time, before the end of their payroll cycle.

FinTech 114

FinTech Cross-Border Payment APIs and Integration Credit Cards 114

Finovate

MARCH 27, 2024

Since then, I returned to my finance roots as Chief Financial Officer while keeping a close eye on TruStage and TruStage Venture’s fintech acquisitions and investments, as well as being a member of various fintechs’ boards. At TruStage, she has helped transform a decades-old insurance company into a modern, technology-driven business.

Credit Union 110

Credit Union FinTech On-Demand Acquirers 110

PYMNTS

DECEMBER 18, 2020

As online shopping has grown over the past decade, the demand for delivery by UPS and FedEx has followed suit. Amazon Focuses on Returns. And, of course, part of the risk when gunning for the consumer’s whole paycheck is returns. First, Amazon is expanding its returns window. 31, 2020, can be returned until Jan.

Returns 56

Returns On-Demand Checks Consumer 56

Nanonets

DECEMBER 4, 2023

By automating, you ensure real-time updates and error-free transactions, meeting today's demand for immediate and reliable service. On average, organizations have achieved $6 in return for every $1 invested in automating their O2C processes. It harnesses AI, OCR, and automated workflows to handle orders accurately and efficiently.

Automation 52

Automation Process Payment APIs and Integration Returns 52

PYMNTS

OCTOBER 9, 2020

Eclypsium will harness the infusion for growth, while it plans to keep building out the functions of its platform to handle heightened market demand. Furthermore, Madrona Venture Group, Intel Capital, Ubiquity Ventures and Andreessen Horowitz took part as return investors. “We Strike Graph. million Madrona Venture Group-led seed round.

Compliance 107

Compliance Automation Audit Cybersecurity 107

The Fintech Times

JUNE 13, 2024

In the current economic climate, mergers, acquisitions, and divestitures persist as strategic moves with a pressing demand for fast and effective data migration. It is well known that traditional data migration methods can often pose risks, consume time, and can potentially derail deals. This approach is fraught with risk.

Due Diligence 59

Due Diligence Compromise Process Risk 59

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Risk 42

Risk FinTech Risk Management Privacy 42

Clearly Payments

FEBRUARY 23, 2024

In the payments industry, understanding and effectively measuring performance are crucial for businesses to stay competitive and meet customer demands. Chargeback Rate : The percentage of transactions that result in chargebacks, which occur when a customer disputes a transaction and the funds are returned to the customer.

Processors 105

Processors PCI DSS Payments Assessments 105

FICO

FEBRUARY 16, 2022

trillion SME funding gap in unmet trade finance, with demand for funding of small businesses rapidly becoming an acute challenge. It’s a mind-boggling number largely driven by demand for unfilled or rejected trade finance applications tabled by small businesses in emerging markets. The UN in particular was aware of the challenge.

Transactions 52

Transactions Small Business Origination Credit Risk 52

FICO

JANUARY 6, 2021

We didn't profile their likely return to financial good and we didn't understand any differences in their financial morality.”. Collections, risk and operations executives will need to have the data that helps them: Understand the differences between COVID-19 related debt and non-COVID related debt. Redundancy?

Posting 98

Posting Credit Risk Risk Returns 98

The Finance Weekly

DECEMBER 5, 2023

The waning wave prompts speculation about a potential recession or a return to normal growth levels. There's a significant demand for individuals proficient in data analysis, forecasting, and the associated technologies. Analyze the current economic situation, considering challenges such as inflation and rising interest rates.

Returns 52

Returns Finance Assessments AI 52

Fi911

SEPTEMBER 13, 2023

In other words, it’s both a form of second-party return fraud, as well as an example of “fraud as a service” (or “FaaS”). The buyer makes a purchase, then the scammer reaches out to the merchant to demand a refund. They often project an image of legitimacy, emphasizing a risk-free guarantee. It’s essential.

Scams 52

Scams Returns Transactions Database 52

Seon

JUNE 29, 2023

By monitoring it frequently for potential improvements and investing in the best real-time transaction monitoring software, organizations can automate much of their KYT workload and even find ways to improve their return on investment (ROI) as a result. Why Is KYT Important?

Transactions 52

Transactions Due Diligence Money Laundering AML 52

CoinRemitter

JULY 8, 2024

Bitcoin grew by over 400%, Ethereum by more than 300%, and even smaller cryptocurrencies made thousands of percent returns. As a result, they are often at risk of losing more money than making it. But, since they are software-based, all hot wallets are susceptible to risks like hacking, malware, viruses, and other malicious activities.

Scams 40

Scams Cryptocurrency Addressing Blockchain 40

PYMNTS

JULY 6, 2020

airlines planned to boost flight schedules to prepare for the summer after customer demand increased. But returning to 2019 travel numbers will take years, an airline executive told National Public Radio. We’re taking steps to better understand any potential risks,” a Boeing spokesman told WSJ. Last month, U.S.

On-Demand 55

On-Demand Procedures Risk Returns 55

Nanonets

FEBRUARY 15, 2024

Process: The production manager at XYZ Corp notices a decline in production efficiency and identifies the need for a new manufacturing machine to meet increasing customer demand. Requirement: To address this issue and meet a 20% increase in customer demand, it is imperative to procure a new manufacturing machine.

Finance 52

Finance RFP Agreements Automation 52

PYMNTS

MAY 14, 2020

Only seeing friends and family and going back to work edged out eating out as consumers’ top priority for being ready to return to the world. But the fact that consumers are literally hungering for a return to restaurant dining doesn’t mean that they’re in a rush to get back to dining rooms. 3 choice overall of those we surveyed.

Risk 52

Risk Returns Consumer Procedures 52

PYMNTS

JULY 17, 2020

“[A solution] that is ubiquitous, digital, 24/7, year-round and on-demand, and offers the ability to provide people with a choice in how they receive their funds, with many instant payment options.”. Remember the old adage “cash is king?”

Ubiquitous 96

Ubiquitous Instant Payments On-Demand Innovation 96

Fintech News

MAY 28, 2024

By adopting cloud-native technologies and implementing comprehensive data management solutions, digital banks can improve operational efficiency, reduce costs, and scale rapidly to meet growing customer demand. This in turn has seen remarkable returns in Nubank’s customer acquisition base, rising significantly every year.

APACS 125

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 125