All But 2 Banks Silent on Whether Victims Will Be Forced to Cover First £100 of a Fraud Claim

• 1 year 7 months ago
• Fraud Detection

A quarter of fraud victims may end up getting no refund at all despite new rules designed to force banks to reimburse money lost in bank transfer scams, according to new research from personal finance site Finder.

Far Majority of Consumers Satisfied with BNPL and Three in Four Expect Such Loans Will Impact Their Credit Scores Positively

• 1 year 7 months ago
• Lending

Millions of U.S. consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. A new survey from TransUnion also revealed that 85% of BNPL users would recommend such loans to others.

Finix Launches New No-Code and Low-Code Payment Features

• 1 year 7 months ago
• Financial

Finix, the full-stack payment processor enabling businesses to accept and send payments, today unveiled a new suite of no-code and low-code features. With Checkout Pages, Payment Links and Payout Links, Tokenization Forms, Virtual Terminals, and Merchant Onboarding Forms, Finix customers can effortlessly set up payment solutions in just minutes — no coding required.

Mastercard and the Medical Tourism Association Join Forces to Revolutionize Cross-Border Health Care Payments

• 1 year 7 months ago
• Payments

The Medical Tourism Association will launch a one-stop platform with Mastercard payment capabilities to bring more convenience, flexibility, and trust to the medical tourism industry    

Announcing AWS App Studio, the Fastest and Easiest Way to Build Applications

• 1 year 7 months ago
• Artificial Intelligence

At AWS Summit New York, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced AWS App Studio, a generative artificial intelligence (AI)-powered service that uses natural language to create enterprise-grade applications.

Onbe and ZSuite Tech Partner to Deliver Digital Payout Solutions for Banks and Their Clients

• 1 year 7 months ago
• Banking

Onbe, a leading corporate payouts platform, today announces its partnership with ZSuite Tech, a high-growth fintech innovator with a focus on commercial escrow and subaccounting. The partnership will provide an embedded digital disbursement option for the more than 90 U.S. banks that use ZSuite Tech, allowing them to offer a simplified and cost-efficient mechanism for issuing payments through popular methods including virtual cards, ACH, push to...

FCA Overhauls Listing Rules to Boost Growth and Innovation on UK Stock Markets

• 1 year 7 months ago
• Trading Systems

In rules published today, the Financial Conduct Authority (FCA) has set out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the UK.  

Parent Trap: Nearly Half of Adult Gen Zers Getting Financial Help from Mom & Dad, According to BofA Study

• 1 year 7 months ago
• Personal Finance

Mambu Named to the CNBC World's Top Fintech Companies 2024 list

• 1 year 7 months ago
• Digital banking

Mambu, a leading cloud banking platform, has been recognised in the prestigious, second annual CNBC World's Top Fintech Companies 2024 list, standing out as one of only six companies from the Netherlands to be featured.The recognition is awarded by CNBC and Statista, highlighting the top 250 fintech companies across eight market segments globally.

Payzli POS is Now Available on Visa Acceptance Platform to Elevate Your Payment Experience Through Visa's Inclusive Ecosystem

• 1 year 7 months ago
• Payments

Payzli, a cutting-edge payments fintech, announced today it is working with Visa to offer Payzli POS on the Visa Acceptance Platform, an open, network-agnostic ecosystem offering modular payments services akin to an app store for sellers.   

The Payments Association Calls on the Newly Appointed Economic Secretary to the Treasury to Reduce Mandatory APP Fraud Reimbursement to £30,000

• 1 year 7 months ago
• Payments

The Payments Association, which celebrates innovation and collaboration across the industry, has today shared a letter to the UK’s new Economic Secretary to the Treasury and City Minister, Tulip Siddiq.

Griffin Earns B Corp Certification, Reinforcing its Commitment to Build a Business with a Positive Impact on the World

• 1 year 7 months ago
• Banking

Griffin, the UK’s leading bank for fintechs, is thrilled to announce that it is now a certified B Corp - the global community of companies committed to high standards of social and environmental performance, transparency, and accountability. This milestone reinforces Griffin’s dedication to embedding sustainable and ethical business practices into its operations at all levels. 

S-RM Announces New Hires as Part of Investment in Cyber Restoration and Recovery Capabilities

• 1 year 7 months ago
• People Moves

Leading global intelligence and cyber security consultancy S-RM has today announced the appointment of Tom Yoxall and Mark Long as part of its ongoing investment into post-incident restoration and recovery services.  

Finastra Facilitates Connection of Swiss Banks in Readiness for New SIC Instant Payments Service

• 1 year 7 months ago
• Payments

Finastra, a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

OpenPayd Launches Pix Instant Payments

• 1 year 7 months ago
• Payments

Today, the global provider of embedded finance infrastructure, OpenPayd, announces its clients can now send and receive payments via Pix, the Brazilian real-time payment network.