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Mastercard Supercharges Consumer Protection with Gen AI

As fraudsters increasingly exploit technology to try to thwart banks and their customers, Mastercard is adopting generative AI techniques to enhance the protections that keep consumers – and the entire payments network – safe.

Friday, February 2, 2024 - 10:10
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/news/artificial-intelligence/mastercard-supercharges-consumer-protection-gen-ai
Financial IT
New Abrigo Fraud Detection Platform Helps Financial Institutions Fight Fraud Faster and Smarter With AI, Reduce Mounting Losses

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced the launch of Abrigo Fraud Detection, a new platform that combines AI-powered inspection and check image analysis with a smart, configurable fraud decision engine.

Friday, February 2, 2024 - 09:58
58391
/news/artificial-intelligence/new-abrigo-fraud-detection-platform-helps-financial-institutions-fight
Financial IT
Repay Integrates with Lexop to Provide Seamless Payments for Credit Unions

Repay Holdings Corporation a leading provider of vertically-integrated payment solutions, today announced a new technology integration with Lexop, a self-service software for credit unions, financial institutions, an

Friday, February 2, 2024 - 09:50
58390
/news/lending/repay-integrates-lexop-provide-seamless-payments-credit-unions
Financial IT
Wirex Reveals ZK-powered WPay, Opening Exclusive Early Access to Its Decentralised Payment Network

Wirex, a leading Web3 money app, is excited to introduce exclusive early access to WPay, a decentralized payment network, utilizing the capabilities of the award-winning Wirex platform.

Friday, February 2, 2024 - 09:43
58389
/news/payments/wirex-reveals-zk-powered-wpay-opening-exclusive-early-access-its-decentralised-payment
Financial IT
First Bank Selects CorServ’s Comprehensive Credit Card Program to Serve Business and Consumer Customers

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with First Bank to implement its modern credit card program. This program enables First Bank to provide credit card solutions to their consumer, business, and commercial customers.

Friday, February 2, 2024 - 09:30
58388
/news/lending/first-bank-selects-corservs-comprehensive-credit-card-program-serve-business-and
Financial IT
Despite Ubiquity, Credit and Debit Card Processing Drags Down Small Business Satisfaction with Merchant Services Providers, J.D. Power Finds

Small business owners are optimistic about the future, with 88% indicating the financial state of their businesses is about the same or better off than a year ago, which should bode well for merchant services providers. According to the J.D. Power 2024 U.S. Merchant Services Satisfaction Study, SM released today, small business financial optimism is correlated with increased sales processed by merchant services providers.

Friday, February 2, 2024 - 09:23
58387
/news/payments/despite-ubiquity-credit-and-debit-card-processing-drags-down-small-business
Financial IT
Profile Software Launches RegiStar Solution

Profile, a leading international financial solutions provider, with 25 years’ experience in shareholder management, announces the launch of RegiStar, a brand-new solution, which is based on a modular platform, and is considered a top choice for large multi-shareholder private companies with nominal shares.

Friday, February 2, 2024 - 08:39
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/news/financial/profile-software-launches-registar-solution
Financial IT
Xace Secures MFSA Licence, Boosting EU iGaming Payment Services

The Malta Financial Services Authority (MFSA) has granted a licence to Xace,  a leader in iGaming financial solutions, paving the way for transformative payment services across  Europe. 

Thursday, February 1, 2024 - 14:05
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/news/payments/xace-secures-mfsa-licence-boosting-eu-igaming-payment-services
Financial IT
Nuvei Partners with Cash App Pay

Nuvei Corporation, the Canadian fintech company, announces today that it has partnered with Cash App, a fast and simple payment method that enables U.S. customers to make online payments either by scanning a simple QR code or by tapping Cash App Pay during the checkout process. Partners in the U.S. can seamlessly add Cash App Pay to their online checkout through their existing integration with Nuvei.

Thursday, February 1, 2024 - 14:00
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/news/payments/nuvei-partners-cash-app-pay
Financial IT
Wisedocs Closes $12.7M Oversubscribed Series A

Wisedocs, machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization closes $9.5M USD ($12.7M CAD) in oversubscribed Series A financing. The Series A is led by Information Venture Partners, an early-stage B2B fintech investment firm; and by Thomson Reuters Ventures and ManchesterStory.

Thursday, February 1, 2024 - 13:36
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/news/fundraising-news/wisedocs-closes-127m-oversubscribed-series
Financial IT

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