Search Results for: online financial services
Open Banking: Will Open Banking Help Reduce Information Asymmetry Between Consumers and Finserv/Fintech Companies?
Open banking is a banking policy that allows third-party financial service providers to access consumer banking, transactional, and other financial data from banking and non-banking financial institutions through Application Programme Interfaces (APIs). This practice has the potential to shape the consumer’s experience of banking services. Under open banking, banks enable......
Federal Life Insurance Company Selects DXC Technology to Enhance Policy Buying Experience for Customers and Agents
Federal Life Insurance Company, based in Riverwoods, IL just northwest of Chicago, has gone live with DXC Assure for Life and Wealth to enhance the policy buying experience for their customers and agents, streamline key processes, and drive business growth. DXC’s solution is built on a scalable, cloud-based architecture, implemented......
CIT Collaborates With Fintainium to Provide Fintech Payments Solution
CIT Group announced its Treasury and Payments Services business is collaborating with B2B fintech innovator Fintainium to provide an integrated payments and financial workflow management solution to meet the needs of small and midsize businesses. Read More: GlobalFintechSeries Interview with Griffin McGahey, President at HC3 CIT and Fintainium will waive the first three......
Consumers Leverage Zelle to Send and Receive Money in Times of Need
Early Warning Services, LLC, the network operator behind Zelle, announced how consumers are best leveraging Zelle as they continue to practice social distancing and limit the use of cash. Read More: Executives Explore Disruptions in Fraud Trends, Securing Online Channels and Mobility Payments in Transit The Importance of Digital Banking in the......
MYbank Served Over 20 Million SMEs as of 2019, Further Spurring the Growth of China’s Small and Micro Businesses
MYbank, a leading online private commercial bank under Ant Financial Services Group, stated in its annual report released that it has served 20.87 million small and micro businesses in China as of the end of 2019. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing “Even though my business......
Worldline Reinforces Its E-Commerce Position in Eastern Europe With the Acquisition of Gopay and Drives Its M&A Roadmap Further
Worldline, the European leader in payment and transaction services, announced that it has acquired a majority stake in GoPay, an expert player in online payments in Eastern Europe. With this acquisition, Worldline expects GoPay to further reinforce the company’s Merchant Services business and strengthen its Central and Eastern European market......
GlobalFinTechSeries Interview with Michael Cutlip, President & CEO at Authoriti
Mike Cutlip is the Chief Executive Officer of The Authoriti Network, Inc., founded in 2017 to eliminate fraud and data privacy risks by letting customers easily and securely authorize any transaction. Cutlip has more than 30 years of experience across a range of roles in the financial services industry, the......
Delta Community Mobile Banking App Ranked First in Nation
MagnifyMoney Ranks Credit Union App Number One in the Financial Services Industry Delta Community Credit Union, Georgia’s largest credit union with more than $6.5 billion in assets, was recently recognized by MagnifyMoney for having the top-ranked mobile banking app in the nation. Read More: GlobalFintechSeries Interview with Tim Kelly, CEO & Founder at BitOoda In......
New Trustwave Report Reveals Cybersecurity Threats Becoming Pervasive and Attacks More Targeted
As Organizations Move to Cloud Environments and Embrace Digital Transformation, Adversaries are Quickly Adapting According to Breach Investigations and Threat Intelligence Analysis Trustwave released the 2020 Trustwave Global Security Report, which reveals the top security threats, breaches by industry and cybercrime trends from 2019. Read More:Â Executives Explore Disruptions in Fraud......