63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.
- 1 year 10 months ago
- Payments
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.
KYND Introduces Next Level Exposure Management for Insurers to Tackle Cyber Accumulation Risk
- 1 year 10 months ago
- Insurtech, Security
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...
Suni Harford to Join the Capital One Board of Directors
- 1 year 10 months ago
- People Moves
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.
Equifax Introduces Business Verification Solution
- 1 year 10 months ago
- Management
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.
Checkbook and Visa Collaborate to Maximize Instant Payment Availability
- 1 year 10 months ago
- Payments
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.
Alloy for Embedded Finance Launches for Banks and Fintechs to Collaboratively Manage Identity and Compliance Risk
- 1 year 10 months ago
- Risk Management
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.
Experian Consumer Credit Reports to Now Include Apple Pay Later Loan Information
- 1 year 10 months ago
- Lending
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.
Marqeta Exceeds $1 Billion in Single Day Total Processing Volume (TPV), Representing a New Era of Scale for the Company
- 1 year 10 months ago
- Infrastructure
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.
All Roads Lead to Data - Moneyhub Gives Full Support to ‘Game Changing’ FCA Advice Guidance Boundary Review Proposals
- 1 year 10 months ago
- Personal Finance, Consultancy
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).
£125K Investment for Dementia-Friendly Debit Card and App
- 1 year 10 months ago
- Fundraising News
Jayne Sibley, who created Sibstar, a debit card and mobile app that helps people living with dementia and their families to safely manage everyday spending, has secured £125K from BBC Dragons’ Den investors, Sara Davies and Deborah Meaden, to further drive financial inclusion and equality.
Viva.com Brings CB to Tap to Pay on iPhone in France
- 1 year 10 months ago
- Payments
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.
OTP Bank Selects Iliad Solutions in Multi-year Payment Testing Deal
- 1 year 10 months ago
- Payments
OTP Bank, a listed retail and corporate bank based in Budapest, Hungary, has selected Iliad Solutions as its payment testing provider in a new multi-year deal.
CFPB Issues Guidance to Rein in Rigged Comparison-Shopping Results for Credit Cards and Other Financial Products
- 1 year 10 months ago
- Payments
The Consumer Financial Protection Bureau (CFPB) today issued a
Trading Technologies Closes on ATEO Acquisition
- 1 year 10 months ago
- Trading Systems
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT’s reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.
Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation
- 1 year 10 months ago
- Banking
Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to embed auditable, compliance-enabled omnichannel communications on popular platforms into their workflow for increased efficiency and transparency.
