Investment platform Third Financial (Third) has launched a market-leading integration with Wealth Dynamix (WDX), as it continues its campaign against fragmented technology in the wealth management and advice sector.
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Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantage, the leader in financial crime intelligence, today announces the launch of Fraud Detection, its new solution that uses machine learning algorithms to detect and prevent the menace of transaction-related fraud.
Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, today announced the appointment of Jay McCracken as Senior Vice President of Sales. Reporting to CEO Cyndie Martini, McCracken will lead MAP’s new business development, sales, relationship management, channel and consulting partnerships.
In an inflationary environment where consumers are feeling more “finxiety” or financial stress than ever, there is power behind data and analytics that drive more thoughtful and tailored financial solutions that can help consumers manage this stress.
How Consumers are Reacting to Economic Volatility
Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (
Loyalty schemes need no introduction; some of the earliest schemes date back as far as the 1700s, where customers could redeem copper tokens to discount their purchases, while modern schemes designed to acquire data emerged in the 1980s with frequent flyer programmes.
Stripe, a financial infrastructure platform for businesses, today announced a partnership with WhatsApp that allows Singapore businesses to accept payments directly in WhatsApp chats.
Jack Henry™ announced today that it is operationally ready to support the launch of the Federal Reserve's real-time payments network, the FedNowSM Service. Jack Henry has actively participated in the development of the newest network, expected to launch in July 2023. More than 20 Jack Henry clients will participate in the supporting pilot and early adopter program.
Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international schemes due to customer desire for maximum acceptance, rewards and other benefits
Global shift from cash and return to normalcy drives card spending
The corporate banking sector has faced, and is still facing, several complex challenges. It must adapt to these challenges so that it meets the needs of its increasingly discerning treasury clients.
An easily identifiable change is the speed at which corporate banking moves. Everything in business banking is getting exponentially faster as expectations overtake delivery capabilities. It’s imperative that the sector responds in positive and proactive ways to meet these expectations.