Search Results for: businesses and consumers

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth
Digital Payments News

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth

Business Wire
by Business Wire0
New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in......
CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act
Lending News

CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act

Fintech News Desk
by Fintech News Desk0
New York law – as well as similar laws in California, Utah, and Virginia – are not preempted by federal law The Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California, New York, Utah, and Virginia are not preempted by......
Pidgin Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud
Digital Payments News

Pidgin Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud

Business Wire
by Business Wire0
Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform to help financial institutions monitor transactions to detect and prevent payments fraud in real time. “As adoption of faster payments grows, many financial institutions are concerned about the implications......
Splitit's Checkout Plugin Now Available on SAP Store
B2B Cloud News

Splitit’s Checkout Plugin Now Available on SAP Store

PR Newswire
by PR Newswire0
By integrating with SAP Commerce Cloud, Splitit’s White-label Checkout Plugin brings one-click installments to merchants while reducing integration investment costs Splitit announced that its Splitit Checkout Plugin is now available on SAP Store, the online marketplace for SAP and partner offerings. Splitit’s new SAP Commerce Cloud integration makes it faster and easier for large enterprises......
Life.Money.You. Selects Fintech Platform Paperwork to Power Its Financial Wellness Initiative
Fintech News

Life.Money.You. Selects Fintech Platform Paperwork to Power Its Financial Wellness Initiative

PR Newswire
by PR Newswire0
The BCU-led CUSO will leverage Paperwork’s comprehensive technology to expand its mission of financial wellness for all Life.Money.You.– the CUSO formed by BCU to spearhead its financial wellness efforts – has announced its partnership with Paperwork, a comprehensive financial wellness platform focused on improving the financial health of credit union......
Toku Raises USD $7.15 Million in Seed Round to Revolutionize Subscription Payments in LatAm
Digital Payments News

Toku Raises USD $7.15 Million in Seed Round to Revolutionize Subscription Payments in LatAm

PR Newswire
by PR Newswire0
On a mission to revolutionize the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced today that it has raised USD $7 million. The funding round was led by North American venture capital firm F-Prime Capital, accompanied by Wollef, Honey Island by 4UM and existing investors FundersClub and......
Tassat Announces Client Connectivity to FedNow, The Federal Reserve’s First Instant Payment Rail
Digital Payments News

Tassat Announces Client Connectivity to FedNow, The Federal Reserve’s First Instant Payment Rail

Business Wire
by Business Wire0
The leading B2B digital payments platform has been a FedNow showcase participant, providing its capabilities to financial institutions interested in utilizing FedNow Tassat Group Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced that its client-facing API can serve as an on-ramp......
Uncovering Central Bank Digital Currencies (CBDCs)
Banking Currency Exchange Featured Fintech Primers

Uncovering Central Bank Digital Currencies (CBDCs)

Pooja Choudhary
by Pooja Choudhary0
Roughly 90 percent of the world’s central banks are pursuing central bank digital currency (CBDC) projects. A few including those in the U.S. and South Africa, are in the exploratory phase; others are development projects (the European Union) and pilots (China). In some locations, including Nigeria and the Bahamas, solutions......
Influence Of Nine Emerging Blockchain Technologies
Blockchain Featured Fintech Primers Markets

Influence Of Nine Emerging Blockchain Technologies

Pooja Choudhary
by Pooja Choudhary0
A blockchain is an excellent tool for both businesses and customers to democratize services and ensure data security and privacy. Furthermore, blockchain development is spreading across industries as a consequence of the increasing demand for cryptocurrencies and Web3 interoperability. The top 9 blockchain developments and trends for 2023 are highlighted......
Business Digital Markets News

CFPB Investigates Illegal Collecting of Discharged Student Loan Payments

Fintech Staff Writer
by Fintech Staff Writer0
The Consumer Financial Protection Bureau (CFPB) today issued a bulletin reminding servicers of their duty to stop illegal behaviour with regard to private student loans that have been dismissed by bankruptcy courts and urging them to do so immediately. In a recent advisory, CFPB investigators discovered that certain loan servicers......
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