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63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.

The impending March 2025 migration deadline of FedWire to the ISO 20022 standard by all financial institutions (FIs) presents a strategic opportunity to revolutionize their payment infrastructure and services, according to a new Datos report, sponsored by Finzly, the pioneering provider of modern payments systems.

Friday, March 1, 2024 - 10:51
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Financial IT
KYND Introduces Next Level Exposure Management for Insurers to Tackle Cyber Accumulation Risk

KYND Limited, a leader in cyber risk management, is excited to announce an innovative new Exposure Management solution. Powered by KYND’s market-leading risk intelligence and combining best-in-class aggregation risk insights with bespoke, granular cyber disaster scenarios, it enables insurers to more accurately evaluate and manage the accumulation and catastrophe exposure across their portfolios to drive better informed, profitable underwriting decisions.

Friday, March 1, 2024 - 10:47
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/news/insurtech/kynd-introduces-next-level-exposure-management-insurers-tackle-cyber-accumulation
Financial IT
Suni Harford to Join the Capital One Board of Directors

Capital One Financial Corporation (NYSE: COF), today announced that seasoned financial services industry executive Suni P. Harford has been appointed to the company’s Board of Directors, effective April 1, 2024. Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024. As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.

Friday, March 1, 2024 - 10:43
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/news/people-moves/suni-harford-join-capital-one-board-directors
Financial IT
Equifax Introduces Business Verification Solution

Equifax®  is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors. 

Friday, March 1, 2024 - 10:36
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/news/management/equifax-introduces-business-verification-solution
Financial IT
Alloy for Embedded Finance Launches for Banks and Fintechs to Collaboratively Manage Identity and Compliance Risk

Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.

Friday, March 1, 2024 - 10:31
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/news/risk-management/alloy-embedded-finance-launches-banks-and-fintechs-collaboratively-manage
Financial IT
Checkbook and Visa Collaborate to Maximize Instant Payment Availability

Checkbook, an all-in-one payments platform, announced a multi-year collaboration with Visa aimed at expediting disbursements to businesses, institutions, and individuals across millions of endpoints around the country.

Friday, March 1, 2024 - 10:27
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/news/payments/checkbook-and-visa-collaborate-maximize-instant-payment-availability
Financial IT
Experian Consumer Credit Reports to Now Include Apple Pay Later Loan Information

In a move towards greater transparency and responsible credit reporting in the buy now, pay later (BNPL) industry, Experian® today announced it will now include “pay-in-4” BNPL loan information from Apple Pay Later on consumers’ credit reports, making Apple the first major BNPL provider to fully furnish “pay-in-4” loan information and payment history directly to the credit reporting agency. 

Friday, March 1, 2024 - 10:22
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/news/lending/experian-consumer-credit-reports-now-include-apple-pay-later-loan-information
Financial IT
Marqeta Exceeds $1 Billion in Single Day Total Processing Volume (TPV), Representing a New Era of Scale for the Company

Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company.

Friday, March 1, 2024 - 10:00
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/news/infrastructure/marqeta-exceeds-1-billion-single-day-total-processing-volume-tpv-representing
Financial IT
All Roads Lead to Data - Moneyhub Gives Full Support to ‘Game Changing’ FCA Advice Guidance Boundary Review Proposals

Moneyhub, the leading provider of Open Banking, Open Finance and Financial Wellness solutions to the Pensions and Investment industry has today submitted its response to the Financial Conduct Authority’s (FCA’s) Advice Guidance Boundary Review proposals (DP23/5). 

Friday, March 1, 2024 - 09:45
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/news/personal-finance/all-roads-lead-data-moneyhub-gives-full-support-game-changing-fca-advice
Financial IT
Viva.com Brings CB to Tap to Pay on iPhone in France

Viva.com proudly stands as the first among other acquirers such as Adyen, Banque Populaire, Caisse d’Epargne, and BNP Paribas, to activate Cartes Bancaires on Tap to Pay on iPhone.

Friday, March 1, 2024 - 09:40
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/news/payments/vivacom-brings-cb-tap-pay-iphone-france
Financial IT

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