Software company R3 has partnered with 22 of its member banks to create an international payment system based on distributed ledger technology (DLT), the firm announced in a press release Tuesday
Fiserv will acquire First Data Corp. for $22 billion in a payments processing deal that marks one of the biggest financial mergers in a decade and a win for private-equity giant KKR & Co
" On any given day, Google's Threat Analysis Group (TAG) is tracking more than 270 targeted or government-backed attacker groups from more than 50 countries
Responsibilities for call centers and interactive teller machines may fall within cash management operations or they may find themselves firmly planted in retail or even elsewhere within the FI. It depends upon the institution how and where the delineation occurs
This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. But merchant services programs can offer a...
The Clearing House’s RTP ® network is gaining traction, with 70 percent of demand deposit accounts (DDA) now having access to real-time capabilities via banking technology providers connected to the network. We recently talked with both a financial institution and core provider that have...
In Europe, cross-border payments are heating up, with cross-border efforts between tech-nimble FinTech firms and more traditional financial services players. In one example, Zurich-based financial startup Numbrs has linked with German insurer Allianz to develop a finance app, which will offer...
Since the article indicates a July start and now an October pilot, we assume some sort of scrum effort between the teams, with a ‘to be available soon’ tag for Visa Direct as a payment option for Oracle clients using one of the company’s ERP systems, which typically will provide either some direct payables functionality or integrate with 3 rd party payables automation software: ‘Fueled with snacks, drinks, and cloud computing, the developers dug in, building a payment prototype that helps businesses better manage their cash flow and pay their suppliers and contractors quickly
In the U.S., where open banking is not mandated as it is in the European Union and other countries, fintechs offering solutions like financial planning apps, person-to-person (P2P) payment apps, and retailer payment wallets are running into problems getting banks to allow access to consumers’...
Guardian Analytics, the security company fighting banking fraud, announced on Monday (Aug. 22) it is launching a real-time ACH service that protects against fraud risk created by Same Day ACH
50 Burlington Mall Road, Ste 212Burlington MA 01803USAPhone: 781-321-1011FAX: 781-338-9627
JoinBenefits
About UsTerms of Use