Search Results for: ACH payment

Zelle® Closes 2020 with Record $307 Billion Sent on 1.2 Billion Transactions
Banking Fintech News

Zelle® Closes 2020 with Record $307 Billion Sent on 1.2 Billion Transactions

Fintech News Desk
by Fintech News Desk0
– Year-over-year Growth: Sent payment values increased by 62%, while transaction volumes increased by 58% – Achieving ubiquity with banks and credit unions: Nearly 500 new financial institutions of all sizes joined the Zelle Network® in 2020 – Zelle for small businesses: New use case launches with 11 financial institutions,......
Barclays Data: 2020 Highest Ever Year for Scams
Banking Fintech News

Barclays Data: 2020 Highest Ever Year for Scams

Fintech News Desk
by Fintech News Desk0
New research from Barclays reveals 2020 as the highest year on record for scams, as the value of fraudulent activity increased more than 66 per cent during the months of July to December. The stark increase was driven by high-value and complex scams, with fraudsters cashing in on the nation’s......
Banking as a Service: Top Trends for 2021
Banking Business Digital Featured Fintech

Banking as a Service: Top Trends for 2021

Paroma Sen
by Paroma Sen0
Banking as a service has picked up momentum the last few years, in today’s largely digital banking environment, it’s now safe to say that the future of banking is one where strong tech backed infrastructures and integrated systems will be the driving force behind how businesses and individual users interact......
BPC Extends Its Regional Partnership With Visa’s Fintech Fast Track Program
B2B Banking Business Fintech Mobile Banking News

BPC Extends Its Regional Partnership With Visa’s Fintech Fast Track Program

Fintech News Desk
by Fintech News Desk0
Global paytech provider BPC announced that it has extended its membership with Visa’s Fintech Fast Track Program to APAC, Europe, the Middle East and Africa. The program makes it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new payment experiences. This strategic initiative is a......
SumUp Acquires Lithuanian Fintech Paysolut
Banking Business Fintech News

SumUp Acquires Lithuanian Fintech Paysolut

Fintech News Desk
by Fintech News Desk0
The Global Payment Service Provider SumUp Has Acquired The Core Banking System Provider Paysolut, Founded In Lithuania. Representatives of SumUp say that the acquisition of the Lithuanian company aims to create even stronger technology-based banking solutions. The acquisition amount is undisclosed. Operating in 32 global markets, and serving more than......
Dutch central bank grants ibanXS PSD2 license
Banking Fintech News

Dutch Central Bank Grants ibanXS PSD2 License

Fintech News Desk
by Fintech News Desk0
On 28th January 2021, the Dutch Central Bank (DNB) granted ibanXS, the first pan-European PSD2 Open Banking platform in the Netherlands, a PSD2 license. Thus making ibanXS a licensed Account Information- and Payment Initiation Service Provider. ibanXS is the fully operational pan-European PSD2 Open Banking platform with connections to more......
More Risks, On More Fronts: Credit Risk, ESG and Cybersecurity Top Risk Concerns for Financial Institutions Over Next Two Years--Deloitte Survey
Business Fintech News Risk Management

More Risks, On More Fronts: Credit Risk, ESG and Cybersecurity Top Risk Concerns for Financial Institutions Over Next Two Years–Deloitte Survey

Fintech News Desk
by Fintech News Desk0
With economies contracting and unemployment rising, credit risk has moved to the top of the risk management agenda, according to Deloitte’s biennial survey on the state of risk management in the financial services industry globally. Twenty percent of the chief risk officers at financial institutions surveyed identified it as the......
Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity
Banking Business Fintech News

Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity

Fintech News Desk
by Fintech News Desk0
Enigma Technologies, a data science company that collects and analyzes information on the health and identity of every U.S. business, announces a strategic collaboration with Verisk Financial, a Verisk company relied upon by leading financial institutions, payments providers, and retailers around the globe. During this year-long pandemic, lenders have been......
WILLPORT App Releases Unique Peer-to-Peer Money Transfer
Banking Blockchain Fintech Mobile Banking News

WILLPORT App Releases Unique Peer-to-Peer Money Transfer

Fintech News Desk
by Fintech News Desk0
Paving the way for multi-generational wealth transfer and gifting in one app. The WILLPORT App launched its WILLPORTmoney feature, and it’s free. While most peer-to-peer money transfer apps only move money, the WILLPORT App is multiple apps in one. Through the end of February 2021, newly registered users will receive......
StarCompliance Wins Regulation Asia Award For Excellence 2020
Business Economy Fintech Investment Services News Risk Management

StarCompliance Wins Regulation Asia Award For Excellence 2020

Fintech News Desk
by Fintech News Desk0
The company was ‘highly commended’ for making software that automates the detection of employee conflicts of interest and provides real-time insights to supervisors to guard against misconduct risk StarCompliance has been named a winner in the Regulation Asia Awards For Excellence 2020—being formally recognized for advances in conduct risk management.......
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