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CAB Payments Confirms Appointment of CEO Neeraj Kapur

CAB Payments confirms that Neeraj Kapur has received the required regulatory approval and will now take over the role of Group Chief Executive Officer (CEO), Executive Director and member of the Board from Bhairav Trivedi.  

Friday, June 14, 2024 - 10:15
60366
/news/people-moves/cab-payments-confirms-appointment-ceo-neeraj-kapur
Financial IT
Report: 65% of Financial Institutions Struggle to Enforce Compliant Electronic Communications Policies

Global Relay, the leading provider of electronic communication compliance and archiving solutions, released its second annual Industry Insights Report: Compliant Communication 2024, discovering that despite a decrease of 15% year-over-year (YoY), WhatsApp bans prevail as the most-commonly used solution (43%) to marshal internal business communications.

Thursday, June 13, 2024 - 15:32
60365
/news/regtech/report-65-financial-institutions-struggle-enforce-compliant-electronic-communications
Financial IT
Visa Relaunches SavingsEdge™ with New Offers to Deliver Greater Value to Small Businesses

Visa Inc. today announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. For more than a decade, Visa SavingsEdge has provided eligible Small Business cardholders with the savings, tools and resources to help them grow.

Thursday, June 13, 2024 - 15:27
60364
/news/financial/visa-relaunches-savingsedgetm-new-offers-deliver-greater-value-small-businesses
Financial IT
Lumin Digital Announces Partnership with Pinwheel to Offer Banks and Credit Unions Advanced Digital Deposit Switching Solution, Pinwheel Prime
Thursday, June 13, 2024 - 15:23
60363
/news/infrastructure/lumin-digital-announces-partnership-pinwheel-offer-banks-and-credit-unions
Financial IT
44% of U.S. Consumers Are Open to AI in Banking – With a Few Caveats
U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that 44% of U.S. consumers say they are happy with AI being used within their personal banking experience, as long as banks allow them visibility into how it’s being used. They also have strong opinions about which banking functions  AI should be involved with. 
Thursday, June 13, 2024 - 15:04
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/news/personal-finance/44-us-consumers-are-open-ai-banking-few-caveats
Financial IT
Paytiko: Why Expand to Dubai?

For businesses worldwide, accepting and managing global digitalized payments has risen in the wake of recent technological booms. As a result, the Middle East has hopped onboard to this trend and skyrocketed its fintech landscape in recent years. Through the establishment of numerous local payment service providers, merchants, and Emirati banks accepting a broader range of transactions, the Middle East’s payment infrastructure is on an upward trajectory.

Thursday, June 13, 2024 - 13:00
60362
/news/payments/paytiko-why-expand-dubai
Financial IT
Flexys Partners with Acquired.com to Offer a Market-Leading Debt Collection Payment Experience

Acquired.com, the next-generation payments business focused on powering recurring commerce, and Flexys, a leading UK-based collections management technology provider, are pleased to announce their new partnership.

Thursday, June 13, 2024 - 11:35
60361
/news/payments/flexys-partners-acquiredcom-offer-market-leading-debt-collection-payment-experience
Financial IT
Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real World Assets to the XRP Ledger

Ripple, the leader in enterprise blockchain and crypto solutions, and Archax, the UK’s first Financial Conduct Authority regulated digital asset exchange, broker and custodian, today announced an extension to their existing collaboration which is expected to bring hundreds of millions of dollars of tokenized real world assets (RWAs) onto the XRP Ledger (XRPL) over the coming year and establish the XRPL as one of the leading blockchains for RWA tokenization.

Thursday, June 13, 2024 - 11:11
60360
/news/cryptocurrencies/ripple-collaborates-archax-bring-hundreds-millions-dollars-tokenized-real
Financial IT
Merge Receives Approval in-Principle for an EMI License in France

Merge, a pioneering fintech company that provides embedded payments and banking infrastructure via a single API, has secured approval in-principle for an Electronic Money Institution (EMI) license in France. 

Thursday, June 13, 2024 - 11:05
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/news/payments/merge-receives-approval-principle-emi-license-france
Financial IT
A Legacy of Innovation: How Financial Institutions Can Overcome the Challenges of Open Banking and ISO20022

Open banking payments in the UK grew at an annual rate of 69% in January 2024, reaching a record monthly high of 14.5m, research by Open Banking Limited (OBL) shows. The overwhelming majority of these transactions were single immediate payments, at 92%. 

Thursday, June 13, 2024 - 10:55
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/blog/openbanking-technology/legacy-innovation-how-financial-institutions-can-overcome-challenges
Financial IT

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