Revolut wants to compete with PayPal and Apple at online checkouts
Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts. Revolut Pay has signed up retailers including Shopify Inc., Prestashop, WH...
View ArticleFirst National Bank of Omaha launches CaaS
First National Bank of Omaha (FNBO) has launched Bend by FNBO, a new credit card-as-a-service (CaaS) solution that allows companies to offer customized credit cards. Bend by FNBO runs on open APIs...
View ArticleCheckout.com will eliminate about 5% of employees in latest cuts
Checkout.com is eliminating 5% of its staff, the latest in a series of job cuts that’s swept technology companies this year as investors pull back on funding. The company confirmed that it was reducing...
View ArticleCorserv receives Visa Ready certification
Payment card issuer Corserv announced that it has been certified as Visa Ready, a seal of approval from the credit card giant for its payment-cards-as-a-service-APIs (PCaaSA) platform. Payment cards...
View ArticleFIS launches Worldpay for Platforms
FIS has unveiled Worldpay for Platforms, a software-as-a-service (SaaS) that enables software providers that serve small- to medium-sized businesses (SMB) to embed payments and finance features into...
View ArticleHow to Deploy an Omnichannel Payment Strategy
Being in the payment industry for nearly two decades, now, more than ever, we are seeing consumer experience and the demand for self-service solutions causing significant growth in online and mobile...
View ArticleBuy-now, pay-later faces tougher rules as CFPB chief weighs in
The US Consumer Financial Protection Bureau released a sweeping report warning that the burgeoning “buy now, pay later” industry needs fresh regulation to address industry practices. CFPB Director...
View ArticleModern Treasury, Goldman Sachs partner on embedded payments
Payment operations platform Modern Treasury is partnering with Goldman Sachs Transaction Banking to provide mutual corporate customers with an integrated money movement solution. The collaboration has...
View ArticleUS Bank eyes growth with multilingual AI offerings
NEW YORK CITY — U.S. Bank is exploring additional language options for its voice-enabled Smart Assistant over the next three to five years. “Something we’re just getting into is multilingual,” Sierra...
View ArticleTD Bank, DailyPay collaborate for real-time pay solution
TD Bank launched a partnership Tuesday with fintech DailyPay to offer its commercial clients a real-time pay solution. The bank’s business clients can now offer their employees real-time access to...
View ArticleEmbedded payments present banks with both opportunities and threats
If you want to see the future of commercial banking, it’s already here, in the form of software-embedded payments. For commercial banks the opportunities to unlock new revenue growth are unparalleled....
View ArticleTruist improves CX with smartphone biometrics
Truist is enhancing its mobile banking capabilities to allow customers to validate their identities online, at the branch or an ATM. The Charlotte, N.C.-based bank sees an opportunity to leverage...
View ArticleTransactions: Farmers & Merchants Bank selects Fiserv’s Mobiliti
The $336 million Farmers & Merchants Bank of Colby, located in Colby, Kan., is one of seven financial institutions that chose Fiserv’s Mobiliti mobile banking and payments platform in August,...
View Article5 key themes for FIs looking to build next-gen payment experiences
The pandemic precipitated a surge in contactless payments as most commerce shifted online and significantly accelerated the move to digital in the retail payments industry. More than 75% of Americans...
View ArticleVisa and Finastra unveil global BaaS offering
Core provider Finastra is partnering with Visa on a banking-as-a-service (BaaS) solution that will give its clients access to cross-border payments around the globe beginning in 2023. The solution will...
View ArticleFintech funding: Shaype raises $21.3M
Embedded finance platform provider Shaype has raised $21.3 million in a series C funding round led by investment firm Regal Fund Management. The platform provides single API access to services for card...
View ArticleTassat launches The Digital Interbank Network for instant transactions
B2B real-time payments and financial services solutions provider Tassat Group has launched The Digital Interbank Network, which allows U.S. regulated entities to complete instant, bank-to-bank...
View ArticleTransactions: Studio Bank, Corserv launch credit card program
Studio Bank, a digital bank in Nashville, has implemented a credit card program to offer new payment solutions through fintech Corserv’s Account Issuer program. Corserv’s integration process uses an...
View ArticleBank trade groups sue CFPB over anti-discrimination policy
The Consumer Financial Protection Bureau’s (CFPB) contested update to how it will assess bank practices could mean new business for regulatory technology (regtech) providers. The March update to the...
View ArticleBanc of California acquires Deepstack Technologies for $24M
Banc of California acquired digital payments platform Deepstack Technologies on September 15 in a $24 million cash and stock deal that will expand its business into payment processing in a move to...
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