Search Results for: deposit insurance

CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Bitget Launches Localized Website With Fiat Gateway For Turkish Users
Cryptocurrency News

Bitget Launches Localized Website With Fiat Gateway For Turkish Users

PR Newswire
Bitget, top crypto derivatives and copy trading platform, has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey. The dedicated Turkish platform is the newest addition to the Bitget family, which strengthens the global presence of the Bitget brand with a special focus on the......
Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv
Finance Lending News

Tata Motors Finance Elevates and Simplifies Digital Lending Capabilities with Fiserv

Business Wire
Tata Motors Finance Limited (TMFL), one of India’s leading automotive financiers, is fortifying its digital lending capabilities and enabling top-notch customer experiences through a new partnership with Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief......
FundingShield Leverages Mastercard Open Banking to Expand Payment Verification Solutions
Banking Fintech News

FundingShield Leverages Mastercard Open Banking to Expand Payment Verification Solutions

Business Wire
FundingShield, a market-leading, cloud-based firm providing fintech solutions to manage risk, compliance and fraud prevention, has entered a partnership with Mastercard to leverage its open banking platform delivered by Finicity, a Mastercard company. FundingShield provides live, source data-based technology products and SaaS solutions that have been used to secure the......
Why Fintech Leaders Should Embrace Three Key Strategies to Deliver Value for Their Business and Customers
Digital Payments Fintech Guest Posts

Three Key Fintech Strategies to Deliver Value to Customers

Ralph Dangelmaier
Fintech leaders are constantly challenged to deliver incremental value for their businesses and customers. This has become even more heightened in today’s landscape, as economic factors and a competitive market are leaving organizations strapped for solutions to stand out and get ahead. As a result, many are turning to technical......
Allio Finance Introduces High-Interest Portfolios for Accelerated Wealth Building
Finance Machine Learning News

Allio Finance Introduces High-Interest Portfolios for Accelerated Wealth Building

GlobeNewswire
Revolutionary Automated Saving And Investing App Offers 5.10% Yield For Increased Financial Growth Allio Finance, the only finance app powered by machine learning and managed by experts, is thrilled to announce the launch of its highly anticipated High-Interest Portfolios. With Allio’s latest portfolio option, clients can maximize their money’s potential......
Dassault Systèmes Strengthens Its Business Experience for Finance Offering
Finance News

Dassault Systèmes Strengthens Its Business Experience for Finance Offering

Business Wire
Partnership with BNP Paribas’ Securities Services business line aims to deepen its use of Innova to control fund compliance as part of the digitalization of its custodian bank platform Dassault Systèmes announced that it has reinforced the Business Experience for Finance offering of OUTSCALE, its leading cloud brand and sovereign and......
Biz2X Announces New Account Opening Product for Business Banking Clients
Banking News

Biz2X Announces New Account Opening Product for Business Banking Clients

GlobeNewswire
Biz2X is excited to announce its new Account Opening product. This breakthrough technology allows banking clients to quickly and efficiently open new deposit accounts, enabling faster funding for borrowers. New small and medium-sized businesses are cropping up every day. The integration of Biz2X’s Lending and Account Opening products can help......
New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close
Digital Payments News

New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close

Business Wire
Report finds the number of cash-only consumers – those without a financial account – has decreased dramatically from 45% to 21% Mastercard released a new report, The State of Financial Inclusion post COVID-19 in Latin America and the Caribbean: New Opportunities for the Payments Ecosystem, demonstrating the mainstream adoption of......
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