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CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
by Fintech News Desk0
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Why Fintech Leaders Should Embrace Three Key Strategies to Deliver Value for Their Business and Customers
Digital Payments Fintech Guest Posts

Three Key Fintech Strategies to Deliver Value to Customers

Ralph Dangelmaier
by Ralph Dangelmaier0
Fintech leaders are constantly challenged to deliver incremental value for their businesses and customers. This has become even more heightened in today’s landscape, as economic factors and a competitive market are leaving organizations strapped for solutions to stand out and get ahead. As a result, many are turning to technical......
Everyware Partners with Sunbit to Release Popular Pay-Over-Time Payment Solution
Fintech News

Everyware Partners with Sunbit to Release Popular Pay-Over-Time Payment Solution

PR Newswire
by PR Newswire0
Everyware, a leading customer engagement, billing, and payments company, and Sunbit, the company building financial technology for everyday expenses, have joined forces to make the popular Pay-Over-Time integration available to clients, now in the form of Pay By Text where payments can be conveniently, quickly, and safely processed. The solution enables more companies......
USDToch: An On-Chain Lending Ecosystem for DeFi 2.0
DeFi Lending News

USDToch: An On-Chain Lending Ecosystem for DeFi 2.0

Fintech News Desk
by Fintech News Desk0
USDToch, a groundbreaking on-chain lending ecosystem, is set to transform the landscape of decentralized finance (DeFi) with its cutting-edge platform. USDToch introduces a unique lending solution for DeFi 2.0, aiming to enhance capital utilization and maximize investment returns for participants. By combining the power of over-collateralized lending with the integration......
Business Digital Featured Fintech Fintech Primers

Best 6 Fintech Startups Transforming Business In 2023

Pooja Choudhary
by Pooja Choudhary0
“Huge.” “Surging.” “Very hot.” Those were just a couple of the terms financial news outlets used to describe the fintech market in 2023. If you’ve ever made a Venmo payment or used a robo-advisor for investing, you’re already somewhat familiar with the fintech and how it works. Summary Introduction The......
Expect Major Moves from the CFPB in 2023
Banking Guest Posts

Expect Major Moves from the CFPB in 2023

Paul Davis
by Paul Davis0
Given the sharp rise of digital banking and fintech partnerships, high inflation, and rising interest rates, there is no doubt that the Consumer Financial Protection Bureau (CFPB) is stepping up oversight and discipline of traditional financial institutions.  Wells Fargo and Regions Bank are just two examples of what to expect......
Smart Raises $95 Million in Series E Funding
Fintech Funding News

Smart Raises $95 Million in Series E Funding

Business Wire
by Business Wire0
Smart, the London-headquartered fintech transforming the global retirement savings market, announces it has closed its $95m Series E funding in a round led by Aquiline Capital Partners LLC, a private investment firm based in New York and London. Existing investors participating in the round include: Chrysalis Investments, Fidelity International Strategic......
Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027
Analytics Digital Payments News

Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027

Business Wire
by Business Wire0
A new study from Juniper Research, the foremost experts in the payments market, found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023. “Vendors must implement sophisticated MFS in an effective way, or they will......
Capchase Launches Buy Now, Pay Later Product to Supercharge Business Growth for SaaS Companies
Digital Payments Finance News

Capchase Launches Buy Now, Pay Later Product to Supercharge Business Growth for SaaS Companies

PR Newswire
by PR Newswire0
Launch occurs as 50% of SaaS companies report increased delays in closing contracts, with 40% reporting longer payment collection times Capchase, the leading provider of non-dilutive growth capital, announced the launch of Capchase Pay, a financing and payment product created to decrease the length of Software-as-a-Service (SaaS) sales cycles and......
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