March 8, 2024
Via: TechBullionDigital wallets are key in today’s digital economy, changing how we make payments globally. They make payments easy and improve security. This piece explores how digital wallets are changing payment methods, focusing on their importance for security, ease of use, […]
February 27, 2024
Via: FinTech FuturesTerraPay says the partnership will enable the bank to “facilitate direct account deposits from any part of the world”, allowing customers and expatriates residing outside of the country to send “real-time money transfers to their loved ones in Uganda“. Willie […]
February 5, 2024
Via: Banking DiveFor U.S. merchants butting heads with card networks over card swipe fees, the answer might be to bypass cards altogether and allow funds to move directly from the payer to recipient via account-to-account payments — the “pay-by-bank” method. The problem […]
January 12, 2024
Via: FinTech FuturesBackbase, a Dutch provider of front-end digital banking solutions, says its platform will be implemented across the bank’s digital channels “progressively” over the next few years. The platform, which works across web and mobile interfaces and various advisory tools, specifically […]
December 4, 2023
Via: FinTech FuturesFirst developed back in 2019, the aim of the retail payments strategy is to “develop pan-European solutions for payments at the point of interaction (POI), governed at the European level, and to further strengthen the Single Euro Payments Area (SEPA), […]
November 21, 2023
Via: SpiceworksExplore the evolution of payment solutions with David Sharp, EverCommerce General Manager. Discover how embedded payment options enhance customer loyalty and satisfaction. In today’s digital age, how businesses handle payments has evolved dramatically. Gone are the days when customers had […]
November 21, 2023
Via: TechBullionIn the dynamic landscape of financial technology, mobile banking has emerged as a transformative force, revolutionizing the way individuals manage their finances. The evolution of mobile banking is a testament to the relentless pursuit of convenience and efficiency in the […]
Activity, Channels, Corporate Banking
October 24, 2023
Via: FinTech FuturesLaunching initially for European B2C e-commerce firms, the Paris-based fintech will provide a full-service payment platform enabled via API integrations. Its core suite will include cash-in features such as support for multiple payment acceptance capabilities and cash-out features such as […]
October 19, 2023
Via: FinTech FuturesBased in Greenville, South Carolina, United Community is a regional bank offering both personal and business banking services, including checking and savings accounts and loans, as well as wealth management and investment solutions. It operates primarily in the states of […]
Capital and Risk, Channels, Operational
October 11, 2023
Via: Payments DiveParticipation in the Federal Reserve’s real-time payment settlement service, FedNow, has expanded from an initial group of 50 banks and credit unions to more than 100, Fed Gov. Christopher Waller said Friday at a payments conference held by the Brookings […]
October 10, 2023
Via: Bank DirectorWe recently asked bankers in our “State of Commercial Banking Midyear Update” presentation what was top of mind for the remainder of 2023. The answer was clear: 80% of the respondents selected deposit growth and retention. As interest rates have […]
Activity, Channels, Corporate Banking
September 26, 2023
Via: FinTech FuturesThe soft-launched service seeks to enable the bank’s clients to complete high-value transfers between Bahrain and the US through JP Morgan’s Coin Systems, which sits upon the JP Morgan Onyx blockchain system which was launched in 2020. Coin Systems supports […]
September 25, 2023
Via: Bank DirectorInstant payments are here and many banks aren’t ready. The launch of FedNow from the Federal Reserve is a catalyst that could reshape payments in the United States. But faster payments have yet to penetrate the majority of banks. Only […]
Activity, Channels, Corporate Banking
September 21, 2023
Via: YahooU.S. Bank today unveiled an online marketplace of third-party payment and treasury solutions that are fully integrated with U.S. Bank systems. The U.S. Bank Connected Partnership Network helps corporate treasury teams easily identify and adopt technology connected with the bank, […]
September 18, 2023
Via: JD SupraThe CFPB recently published an issue spotlight evaluating the availability of tap-to-pay technology for contactless point-of-sale (POS) purchases on mobile devices. The issue spotlight discusses the role that mobile device operating systems play, through tap-to-pay technology, in an open banking […]
September 12, 2023
Via: TechBullionToday, companies from different countries need to send money to each other. This helps them trade and do business smoothly across the world. It’s an essential way to keep financial transactions running smoothly between countries.When companies do business with other […]
September 7, 2023
Via: Banking DiveAs part of the hiring spree, JPMorgan’s payments division is hosting a career event this month in Athens to woo engineers and technologists interested in working for the lab. In a post on his LinkedIn page, Choulakis put out a […]
September 4, 2023
Via: FinTech FuturesThe experiments sought to overcome the challenges of interoperability faced by investors and financial institutions trading on different blockchains with varying liquidity profiles and functions. This group have previously needed to build and instate connections between blockchains, but the experiments […]
August 31, 2023
Via: FinTech FuturesSix years after being instated by the Competition and Markets Authority’s (CMA) Retail Banking Market Investigation Order, open banking – an avant-garde technology enabling consumers and businesses to tap their transaction data to access more personalised financial services – is […]
August 25, 2023
Via: PR NewswireGLN International, a subsidiary of Hana Bank, (GLN) has recently announced the launch of cross-border remittance service; offering instant, secure, and inexpensive money transfers from abroad to all domestic bank accounts in Korea. The service is aimed to benefit Korean […]