Search Results for: P2P payments,
Sardine Launches Industry-Wide Consortium to Curb The Rapid Rise of Payment Fraud
Founding members, including Chesapeake Bank, Visa, Novo, Spring Labs, iLex, Blockchain.com, Alloy Labs Alliance, and Airbase, cover all major sectors of financial services Sardine announced the formation of SardineX, an industry-wide, independent consortium to curtail payment fraud by bringing together established financial institutions and emerging fintech organizations to establish trust......
RiverLand Federal Credit Union Launches Mahalo Banking Platform to Accelerate Digital Innovation
Credit union partners with digital banking provider to advance digital transformation strategies, improve member self-service Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced a new platform launch with New Orleans-based RiverLand Federal Credit Union (‘RiverLand’ – more than $300M in assets). The credit union......
New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close
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......
Marqeta Study: Consumer Confidence in Embedded Finance and Digital Banking Providers on the Rise for Majority of Americans
86% of US mobile wallet users have made a purchase via a retailer’s embedded mobile app ● 72% of US mobile wallet users shared that they would feel confident enough to leave their wallets at home and only rely on their phones for making payments ● 42% of US respondents said they use......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
CoinEx Launches BitHK to Provide Crypto Trading Services for Hong Kong Users
CoinEx, one of the world’s leading digital asset exchanges, announced the official launch of BitHK, a professional crypto trading platform that caters specifically to users in Hong Kong. According to Guidelines for Virtual Asset Trading Platform Operators, BitHK will submit its license application as a Virtual Asset Service Provider (VASP) to the......
Embedded Finance and AI: Path to Efficiency or Crack in Security?
Artificial intelligence (AI) offers the potential to streamline crucial processes in embedded finance, such as KYC and AML. However, the main challenge for experts seeking to leverage AI solutions is to ensure that increased efficiency does not come at the cost of compromised security or bias in decision-making. Since artificial......
Cheelee Launches Ground-Breaking Feature that Lets Users Buy NFTs with Fiat Money
Cheelee Enables Fiat Money Purchases of NFTs and Reports on Over 200K App Downloads Cheelee, the GameFi short video platform that rewards users for viewing feeds, has announced that they have enabled the purchase of NFTs via fiat money. This step is a real breakthrough for the whole crypto world......
Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash
The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population. The 2023 findings from Diary of Consumer Payment Choice finds that consumer payment behavior remains consistent with the early pandemic, including a shift toward credit card payments and a......