Search Results for: businesses and consumers

Modulr receives investment from PayPal Ventures
Fintech Fintech Funding News

Modulr Becomes First Non-Bank or Building Society to Launch Confirmation of Payee

Fintech News Desk
by Fintech News Desk0
The FinTech Modulr has launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK. Read More: Habito, UK’s Digital Mortgage Broker, Secures £5.5m in Series A funding The feature provides an extra layer of defence to protect Modulr’s customers from malicious redirect payment fraud, also known as authorised push......
Singapore Based Fintech Nium Recieves UK Electronic Money Institution License
Fintech Investment Services News

Singapore Based Fintech Nium Recieves UK Electronic Money Institution License

Fintech News Desk
by Fintech News Desk0
Nium, a Fintech payments platform, has received an electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA) to issue e-money and provide cross-border digital payment services in the UK. Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s JazzCash Nium, based in Singapore, currently offers services......
Banking Fintech Investment Services News Risk Management

National Savings Bank Sri Lanka Enables Enterprise-Level Fraud Management with ACI Worldwide

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, today announced that Sri Lanka’s National Savings Bank (NSB) will leverage its Payments Risk Management solution to enable enterprise-wide fraud detection and prevention. NSB is one of Sri Lanka’s largest public sector banks, with more than 4,000......
Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
MetaBank Joins U.S. Faster Payments Council
Banking Fintech News

MetaBank Joins U.S. Faster Payments Council

Fintech News Desk
by Fintech News Desk0
MetaBank announced it has joined the U.S. Faster Payments Council (“FPC”). MetaBank, N.A. (“Meta”) is committed to leading the enablement of payments technology, and this announcement marks its latest expansion within the faster payments space. Meta is a federally chartered bank, a subsidiary of Meta Financial Group,  and a leader......
BitPay Named Atlanta Inno’s “50 on Fire” Winner
Cryptocurrency Fintech News

BitPay Named Atlanta Inno’s “50 on Fire” Winner

Fintech News Desk
by Fintech News Desk0
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced the company is one of Atlanta Inno’s “50 on Fire”. Atlanta Inno is celebrating companies like BitPay that are consistently innovating and disrupting traditional markets with technological advancement. The Inno brand is cultivating a national audience of next-gen......
Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods
Fintech Mobile Banking News

Rapyd Launches All-In-One Payment Integrated Solution in Mexico

Fintech News Desk
by Fintech News Desk0
Rapyd, a global Fintech as a Service company, announced the launch of a single “full-stack” integrated local payment solution in Mexico, allowing local and global companies access to every local payment method through one convenient API, contract, and reconciliation service. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA......
First Scalable Enterprise Solutions Leveraging the Value of Public Blockchain
Blockchain Business Economy Fintech News

First Scalable Enterprise Solutions Leveraging the Value of Public Blockchain

Fintech News Desk
by Fintech News Desk0
British Standards Institution and Trace Labs Launch Blockchain-based Solutions for Integrity of Digital Records In early 2019, the business standards company BSI partnered up exclusively with Trace Labs, the core developers of OriginTrail, to deliver blockchain-enabled solutions. With such solutions, the British Standards Institution (BSI) seeks to enhance its global assurance, certification, and......
Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures
Business Capital Markets Economy Fintech Fintech Funding Investment Services News

Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures

Fintech News Desk
by Fintech News Desk0
Powerlytics, a data provider that has complete, granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, announced that Brewer Lane Ventures, a venture capital firm with a fintech focus, has acquired a $4 million stake in the company. Powerlytics will use the investment......
Banking Fintech Guest Posts

How the Crisis-Fuelled Digitization of Banks Will Spark Long-Term Customer Loyalty

Meenaz Sunderji
by Meenaz Sunderji0
In the wake of COVID-19, most industries are adjusting their processes, operations and offerings to help support the needs of their customers. The steps organizations take now could lay the foundation for the next several years. For example, all eyes are on the banking industry. As the world navigates the......
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