Fintech News

NOVEMBER 24, 2024

” The hacker selling the data alleges it originated from IBM Aspera, a widely used file-transfer software. In parallel, Finastra is “assessing and communicating which of our products are not dependent on the specific version of the SFTP platform that was compromised,” ensuring continued service for unaffected clients.

Breach

The Payments Association

JULY 23, 2025

Many systems—originally built for Apple Pay—were rushed and hard-coded. Today, many issuers still auto-approve token requests with minimal risk assessment, a vestige of Visa and Mastercard’s early, binary risk logic. Trouble in paradise Yet the tokenisation landscape remains fragmented.

Payment APIs and Integration

The Fintech Times

NOVEMBER 2, 2024

Ltd : Developed an ‘e-KYC’ solution to digitally onboard customers, using advanced technologies like artificial intelligence, machine learning, thumbprint and facial recognition for a streamlined digital KYC platform Soft Net Technology : Proposed a centralised loan application platform in response to pre- and post-Covid challenges.

Financial Inclusion

The Payments Association

FEBRUARY 10, 2025

Since vIBANs are often treated as extensions of master accounts rather than independent relationships, firms fail to apply appropriate risk assessment frameworks. Real-time monitoring tools must be implemented to detect suspicious patterns, while AI-driven risk assessments can help identify emerging threats in cross-border transactions.

IBAN

Fintech Finance

NOVEMBER 3, 2024

Affirm underwrites every individual transaction before making a real-time credit decision and only approves consumers following an assessment that evidences their ability to repay. Any interest applied will be fixed and calculated solely on the original principal amount, meaning the amount of any interest does not ever increase or compound.

Consumer

Cardfellow

JUNE 25, 2025

Original Credit Transaction Not Accepted 13.9: Likewise, if you win the chargeback dispute, you should not bill the customer a second time — you will be paid for the original transaction by the acquiring bank. You’ll need to assess the pros and cons for your business if and when the situation arises. No Authorization 12.1:

Disputes

Finovate

DECEMBER 16, 2024

The partnership enhances Capitalise’s lending origination service by removing friction from the funding process. “Open Banking sits at the core of SME credit decisioning and brings confidence to underwriting risk assessments,” Capitalise Co-Founder Ollie Maitland said. are embracing open banking technology.

Small Business

Cardfellow

MARCH 9, 2025

Refunds to a Virtual Credit Card Many businesses that issue refunds prefer to issue it to the original payment method. In the case of virtual cards, the original card may have expired before the customer asks for a refund. That means there are no special interchange or assessment categories associated with taking virtual cards.

Credit Cards

Stax

JANUARY 21, 2025

Even if the data is intercepted, it doesnt offer any value and wouldnt be used to extract the original data. Before committing to a payment gateway or requesting a quote, assess how much money you receive regularly. This is a great option for new and growing businesses without a huge number of sales.

Payment Gateways

The Fintech Times

MAY 1, 2025

This accelerates decision-making with greater confidence, as demonstrated by successful implementations across the industry, from the Bank of America’s AI-powered virtual assistant Erica providing personalised financial advice to Wells Fargo’s modernised data infrastructure enabling enhanced risk assessment and management.

AI

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. By combining payment flows with broader financial datasuch as rental history, savings patterns, and income variabilitylenders can offer dynamic, real-time credit assessments.

Finance

Stax

JUNE 23, 2025

The customer must give the originating bank or financial institution authorization to debit or credit their savings or checking account. You must assess your average transaction values and volumes to choose the most cost-effective solution. Q: What businesses are best suited for ACH APIs?

ACH

Nanonets

APRIL 24, 2025

And yet, despite the 2-step workflow, the sheer volume of documents forced these highly trained professionals to act as expensive document sorters rather than applying their expertise to risk assessment.  The classification CSV contains file names, page numbers, classifications, and links to access the original pages.

Underwriting

Stax

MARCH 11, 2025

Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault. Assessment fees : this fee is paid by the acquiring bank (your merchant account provider) to the relevant card network to finance its related operational expenses.

Online Payment Processing

Finovate

MARCH 7, 2025

Notably, these acquisitions continue to operate under their original brands, allowing for organic user growth before transitioning fully to Wero. Neal: This is an interesting question, and one that will be clearer by the end of 2025, when we can fully assess the impact of Weros initial e-commerce launches.

Payments

The Payments Association

JUNE 23, 2025

The origin of a transformative instrument GrowthHub was founded on a straightforward yet ambitious question: How can we assist businesses in making more informed decisions based on their payment data? Each transaction that traverses Paytiko’s system is automatically assessed for success or failure.

Technology

Finextra

JULY 7, 2025

Upstart (2024) AI Application: Loan underwriting and risk assessment Experience Impacted: CX - Banking Customer Experience AI Loan Underwriting Platform: The fintech Upstart has pioneered AI-based lending, and by 2024 its platform was adopted by 500+ banks and credit unions for personal and auto loans.

AI

M2P Fintech

MARCH 24, 2025

AI is poised to revolutionize loan origination. “One-click” loans become reality through instant credit assessments. Data Analytics: Making Informed Decisions Data is now the lifeblood of modern loan management, empowering lenders with insights to assess creditworthiness, predict risk, and personalize loan terms.

Payment APIs and Integration

Fintech Review

APRIL 11, 2025

A Brief History of Fintech The origins of fintech can be traced back to the 1960s. Big Data Analytics : Helps predict customer behaviour, optimise pricing, and assess creditworthiness in real time. It represents a shift in mindset: finance as a service, not a place.

FinTech

EBizCharge

JANUARY 6, 2025

Assess feasibility for your business Evaluate your customer base and transaction trends carefully to determine if implementing a cash payment discount program aligns with your business model. Weigh the potential benefits against the administrative effort and assess how it might impact overall customer satisfaction and profitability.

Legal

Fintech News

JUNE 12, 2025

Aegean Yao, Product Manager of Sygna, added on about the solution, Aegean Yao “In a high risk transaction, the beneficiary VASP is able to request enhanced Customer Due Diligence (CDD) information if they find a significant risk on the originator. ” What happens after Travel Rule data is exchanged is equally critical.

Compliance

Finextra

AUGUST 7, 2025

How Entrepreneurs Can Get Started with These Tools If youre an SME owner exploring fintech options, start by assessing your specific needs – whether its international payments or compliance streamlining. Many platforms offer scalable features that grow with your business, so trialling a few could reveal the best fit.

Small Business

Stax

JULY 7, 2025

Assessment fees: Assessment fees are charges imposed by the card brands themselves. The payment terminal adds the surcharge amount to the original transaction amount, presenting the total. Additionally, businesses should assess the cheapest payment processor specializing in and supporting surcharging.

Credit Cards

Finovate

JANUARY 10, 2025

.” Double counting can occur when an individual applies for a debt consolidation loan and a lender counts both the individual’s original debts and their new consolidation loan as part of the affordability assessment. ” Founded in 2017 and headquartered in Grantham, Lincolnshire, U.K.,

Innovation

Neopay

FEBRUARY 13, 2025

Originally planned for May 2025, the regulatory requirements for RCMS will no longer be introduced on this timeline, as the PSR has determined that this is no longer feasible. However, this will be determined based on industry feedback and further assessment by the PSR.

Scams

The Payments Association

MARCH 17, 2025

Dennis Cheng Principal, financial services, Gladius Assurances In its 2021/22 Business Plan, in response to the Gloster Report, the FCA announced its Transformation Programme, promising to raise standards with more intensive assessment and greater scrutiny of firms' financials and business models.

Regulations

EBizCharge

MAY 5, 2025

Assessment fees: Assessment fees are imposed by major credit card networks (Visa, Mastercard, etc.) POS systems should print receipts showing the original amount and the discounted cash price. Assess their experience in handling similar business models or industries. Evaluate payment processors offering zero cost options.

Credit Cards

Fintech Weekly

JUNE 17, 2025

They might wait days to receive their money, and when it finally comes to their account, they must explain to the traditional bank the origin of this income. W-2 form to confirm the income’s origin. But then they realise they’re losing nearly half to platform fees, payout delays, and banking friction.

FinTech

Stax

OCTOBER 14, 2024

This hands-on experience allows you to explore the platform’s interface, understand its features, and assess its compatibility with your business systems and daily operations. During the sales process, engage with the support team to assess their responsiveness and knowledge. Involve your technical team.

Processors

Fintech News

AUGUST 6, 2025

What earned someone a place on the list was merit, assessed through a clear and structured process that put impact first and ignored the noise. This wasn’t the usual night of trophies and polite applause. There were no nomination fees, no promotional budgets, and no pay-to-play schemes.

FinTech

Trade Credit & Liquidity Management

JUNE 11, 2025

When MCA funders fail to reconcile in a declining revenue environment, the fixed daily withdrawals quickly exceed the originally contracted percentage of receivables. Publisher’s Note: This article was originally published in the ABF Journal , and is reprinted above in its entirety with the permission of the author and publisher.

Reconciliation

The Fintech Times

APRIL 15, 2025

Datactics has developed a digital data validation sandbox for the Financial Services Compensation Scheme (FSCS) designed to help assess data systems and processes prior to regulatory audits. This collaboration will enable ruya customers to enjoy instant and fee-free cash deposit services at over 260 Al Ansari Exchange branches nationwide.

FinTech

Finextra

AUGUST 1, 2025

RAG forces the assistant to provide a cited answer leading directly to the original source document. Their team has begun experimenting with agents to support technical assessment analysts on the cybersecurity team. That includes software development teams, whose work relies on consistent architectural and design principles.

FinTech

Finextra

JULY 23, 2025

Credibur replaces these with a modular API-and-AI-first infrastructure for more informed risk assessment and improved decision-making in the credit business. The majority of institutional capital providers continue to rely on manual processes or outdated systems. We use cookies to help us to deliver our services.

Non-Bank

Nanonets

NOVEMBER 25, 2024

The padding is added symmetrically around the resized image, with the background color matching the original image's background. The training and validation losses are monitored to assess model performance, ensuring it generalizes well. After training, the fine-tuned model is saved for inference on unseen Wingdings text images.

Correspondent

The Fintech Times

JUNE 12, 2025

For me and my co-founder Gurprit, it’s about leaving the world a little better than we originally found it. You can pay off your debts, close your accounts, and still get declined – because there’s nothing left for lenders to assess. They join us for the mission. That’s special. How would you describe the culture of your company?

Non-Bank

Trade Credit & Liquidity Management

JUNE 9, 2025

The following six financial ratios can provide insights into a company’s creditworthiness by assessing its ability to meet its financial obligations. Interest Coverage Ratio: The interest coverage ratio assesses a company’s ability to meet its interest payments on outstanding debt.

Assessments