Search Results for: credit union customers

Microsoft Deepens Relationship with PayPal to Offer Simple, Flexible Payment Options
Digital Payments News

Microsoft Deepens Relationship with PayPal to Offer Simple, Flexible Payment Options

PR Newswire
by PR Newswire0
PayPal Holdings, Inc. and Microsoft Corp., announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon have the option to pay with Venmo in the Microsoft Store. Venmo is currently available in the Microsoft Store on Xbox in the U.S. These......
Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
by Pooja Choudhary0
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
Pidgin Among the First to Complete Certification for Federal Reserve’s New Instant Payment Service
Digital Payments News

Pidgin Supports Live Transactions on FedNow Service, Driving Innovation in US Payment Infrastructure

Business Wire
by Business Wire0
Pidgin, a secure real-time payments platform built for the future of payments, now supports live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Pidgin is among the first service providers actively facilitating transactions for financial institutions on the service. “As a service provider of the FedNow Service,......
Fiserv Supports FedNow Service with Multiple Financial Institution Clients Live at Launch
Digital Payments Fintech News

Fiserv Supports FedNow Service with Multiple Financial Institution Clients Live at Launch

Business Wire
by Business Wire0
Nearly 100 banks and credit unions have committed to be part of the service via Fiserv Fiserv, Inc., a leading global provider of payments and financial services technology, is keeping its clients at the forefront of real-time payments as one of the first service providers supporting transaction activity for financial......
The Federal Reserve Announces That Its New System for Instant Payments, the FedNow Service, Is Now Live
Digital Payments News

The Federal Reserve Announces That Its New System for Instant Payments, the FedNow Service, Is Now Live

Business Wire
by Business Wire0
The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year.......
Bankjoy Integrates with Plaid to Enable Seamless Account Management for Businesses
Banking Fintech News

Bankjoy Integrates with Plaid to Enable Seamless Account Management for Businesses

Business Wire
by Business Wire0
Bankjoy, an end-to-end digital banking provider, announced its partnership with Plaid, the leading open finance provider powering the digital financial ecosystem. Institutions on the Bankjoy platform will now be able to offer their customers API access to Plaid’s network of more than 8,000 fintech apps and services. Latest Fintech Interview:......
NCC Bank of Bangladesh Ensures Secure Real-Time Binimoy Transactions with Thales Luna HSMs
Banking News Security

NCC Bank of Bangladesh Ensures Secure Real-Time Binimoy Transactions with Thales Luna HSMs

Business Wire
by Business Wire0
Thales Luna HSMs meet the security requirements of Bangladesh’s new Interoperable Digital Transaction Platform (IDTP), allowing secure real-time movement of funds National Credit and Commerce Bank (NCC) of Bangladesh has rolled-out Thales Luna Hardware Security Modules (HSMs) across its existing infrastructure to meet the complex security requirements of the recently......
TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances
Digital Payments News

TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances

PR Newswire
by PR Newswire0
TerraPay, a leading global payments infrastructure company announced its partnership with Safaricom, Kenya’s leading telecommunications, IT and financial services provider. Together, both companies will usher in the benefits of financial inclusion by facilitating instant borderless payments. The partnership, through TerraPay’s group company Mobex (Kenya), a licensed Money Remittance Provider, will enable more......
Wolters Kluwer Experts Share Insights on the Dangers of Predatory Lending Practices
Lending News

Wolters Kluwer Experts Share Insights on the Dangers of Predatory Lending Practices

Business Wire
by Business Wire0
Safely accessing credit is critical for many small businesses Business owners should be aware of factors that can lead to predatory practices and how those risks can be mitigated to help ensure fair lending practices. Jason Keller and Emily Redig of Wolters Kluwer Compliance Solutions recently shared their insights on how business......
Temenos Completes Certification for Federal Reserve’s New Instant Payment Service
Banking Digital Payments News

Temenos Completes Certification for Federal Reserve’s New Instant Payment Service

GlobeNewswire
by GlobeNewswire0
Temenos participates in the FedNow Service pilot, enabling faster payments on a flexible, cloud-native platform Temenos announced that it has successfully completed certification for the FedNow Service, the Federal Reserve’s new instant payment offering launching in July 2023. Through Temenos’ flexible, cloud-native Payments Hub, banks can support the FedNow service......
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