Fintech Finance

JANUARY 7, 2025

Tietoevry Banking , the leading provider of financial software solutions, is today announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions.

Verification

PYMNTS

JUNE 21, 2020

By contrast, HSBC Hong Kong’s new API will be able to cover the whole process, from the setup through the verification and then initiation of the direct debit. The new process also does away with manual paperwork and uses more efficient cash flow management to create a “seamless” process, according to the press release.

API

PYMNTS

JUNE 23, 2020

The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses.

Federal Reserve

Fintech News

JANUARY 30, 2024

Research conducted for the World Payments Report 2023 indicated that 51% of payment executives surveyed identified efficient and quick customer onboarding, Know Your Customer (KYC) verification, and Anti-Money Laundering (AML) services as significant challenges.

Payments Trends

PYMNTS

DECEMBER 12, 2019

Mastercard Pilots Digital ID Verification Program In Australia. Online brokerage startup Robinhood launched a cash-management feature that gives customers 1.8 Also, Bill Ready, formerly PayPal’s chief operating officer, is set to join Google as president of commerce. Robinhood Rolls Out Interest-Earning Bank Account.

Visa

The Fintech Times

DECEMBER 31, 2023

.” Automation of payment processes Richard Ransom, strategic customer success manager at Bottomline Richard Ransom, strategic customer success manager at business payments company Bottomline , says the success of Confirmation of Payee was an outstanding achievement for the payments and banking industry in 2023.

Global Payments

PYMNTS

SEPTEMBER 4, 2019

The Rapyd platform uses application programming interface (API) services to automate back end functions such as collection, FX and identity verification. The company has said that the new architecture can help companies speed time to market with new features tied to, among other offerings, cash management.

Payment APIs and Integration

Fintech Finance

JUNE 25, 2024

By offering contactless payment and digital ID verification through one ring that goes wherever the user goes, MuchBetter is drastically speeding up entry and transaction times with all transactions encrypted and secured through tokenisation. Despite the growing popularity of contactless payment, Italy’s cash usage remains high.

Contactless Payments

Fintech News

JULY 23, 2024

Atome is part of Singapore-headquartered Advance Intelligence Group, an artificial intelligence (AI)-driven technology company that consists of an ecosystem of AI-powered, credit-enabled products and services that includes consumer financing, digital identity verification and risk management, as well as enterprise resource planning software.

FinTech

PYMNTS

FEBRUARY 26, 2016

Business owners may be experts in their particular industries, but that doesn’t mean they’re always familiar with some of the back-end processes of running a company, like cash management and investing. When launching a small business culminates in an entrepreneur ready to sell, this lack of financial literacy can spell problems.

Small Business

PYMNTS

JULY 17, 2018

As far as DBS is concerned, it has brought “tens of millions” of dollars of effort to bear on its own homegrown initiatives, with an eye on corporate banking services that allow smaller firms to conduct banking activities in the digital-real, complete with online ID verification. However, looking elsewhere beyond U.S.

Caps

Nanonets

APRIL 2, 2024

Bank reconciliation involves multiple stakeholders, including finance staff responsible for recording transactions and reconciling accounts, as well as oversight from management or internal audit functions. Verification of Transactions: Bank reconciliation serves as a means of verifying the accuracy and completeness of recorded transactions.

Reconciliation

Fintech Labs Insights

JULY 16, 2015

North Side offers a more natural, fun, and efficient natural language interface that enables banks to know their customers better and sell them credit, investment and cash management services. Motif Investing is a next-generation online broker for individuals and financial advisors to take advantage of thematic investing.

Online and Mobile Banking

Nanonets

FEBRUARY 21, 2024

Businesses are encouraged to familiarize themselves with the procedural steps of cash reconciliation, adopt best practices to enhance accuracy, and consider the benefits of automating the process to mitigate risks associated with manual reconciliation.

Reconciliation

Fintech Labs Insights

AUGUST 16, 2016

Apex Clearing’s suite of APIs facilitates real-time onboarding, account management, and cash management for broker dealers and registered investment advisors. OCR Labs combats risk and fraud for banking, financial, insurance, telco and government through its OCR, FR and verification technology.

Payment APIs and Integration

Stax

AUGUST 13, 2024

Accepting touchpay at your business offers a myriad of benefits including faster checkouts, improved hygiene, and simplified cash management. Contactless payments involve no verification hassles like entering a PIN, OTP, or passcode, so customers can breeze through the checkout process. They work using NFC and RFID technology.

Contactless Payments

CB Insights

JUNE 17, 2020

Going forward, end-to-end encryption, identity verification, and enhanced permissions controls are just some of the security features that tech companies are likely to prioritize in their conferencing tools. The company has responded by halting development of new features and is reportedly working on fixing these issues.

Posting