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Visa, FIS boost value-added card services

Payments Dive

Justin Sullivan via Getty Images Dive Brief: Visa and Fidelity National Information Services (FIS) have expanded their partnership to provide new value-added services to financial institutions in a bid to level the playing field for smaller regional and community banks competing with bigger banks, the payment giants said Thursday in a press release.

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FIS Harmonizes Payments With Launch of Unified Money Movement Hub

Fintech Finance

Designed as a turnkey solution for a wide range of institutions – from super regional banks to community banks – the Money Movement Hub supports a modernized payments journey that can change with each client’s needs.

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The hidden costs in your payment stack

Payments Dive

But the real costs, such as failed payments, delayed settlements, disputes, chargebacks and manual interventions, hide in plain sight. If your business isn’t looking beyond the transaction fee, these hidden costs can significantly impact your bottom line. Fees aren’t the problem. Friction is. It’s easy to track fees.

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This Week in Fintech: TFT Bi-Weekly News Roundup 20/02

The Fintech Times

More partnerships Freedom Bank , a next-generation community bank headquartered in Fairfax, Virginia, has converted its online and mobile banking solutions to the Apiture digital banking platform. Freedom Bank is also taking advantage of Apitures digital account opening solution.

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Connecticut enacts controversial EWA law

Payments Dive

Editors picks Justin Sullivan via Getty Images Visa CEO ‘strongly’ disagrees with class settlement ruling The card network giant expects the parties to negotiate a new settlement following a judge’s rejection of an agreement reached earlier this year, but its CEO notes that could happen after a trial begins.

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Bank of Ireland launches kids account

Finextra

Home News Retail Bank of Ireland launches kids account Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

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6 takeaways from the Senate’s crypto market structure hearing

Payments Dive

Editors picks Justin Sullivan via Getty Images Visa CEO ‘strongly’ disagrees with class settlement ruling The card network giant expects the parties to negotiate a new settlement following a judge’s rejection of an agreement reached earlier this year, but its CEO notes that could happen after a trial begins.

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