The Paypers

JUNE 23, 2025

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Nauru establishes a crypto asset regulator Monday 23 June 2025 15:45 CET | News The Government of Nauru has enacted legislation creating a regulatory body to oversee activities involving digital assets.

Regulations

Finextra

JUNE 7, 2025

When the system generates outputs by writing code to extract database information, this transparency, or "explainable AI", approach allows you to verify the results and logic used to arrive at them. Regulatory Penalties : Non-compliant AI systems increasingly face steep regulatory penalties.

AI

Nanonets

NOVEMBER 10, 2024

It specializes in handling non-tabular data and complex PDF processing, helping businesses automate their data extraction workflows. ➡️ When to choose Parserr: If you need robust support for non-tabular data extraction. Its point-and-click approach and automatic layout detection make it easier for non-technical users.

Automation

Nanonets

NOVEMBER 18, 2024

With easy integration into ERP, CRM, and database systems, Nanonets enables companies to reduce manual effort, automate repetitive tasks, and improve overall efficiency. Pre-built extractors : Provides specialized tools for documents like invoices , receipts, purchase orders, bank statements, and more. Why choose Nanonets over others?

Automation

Finextra

JULY 30, 2025

Non-AI services maintained healthy growth, driven by focused execution in database and app platform services. The platform’s ability to handle AI-driven data workloads, such as raw storage and database services, positions Microsoft to capture growing demand for data-intensive AI applications.

AI

Nanonets

OCTOBER 27, 2024

“If all non living objects could talk, what would a stethoscope say to the audience at a conference? If you're facing an actual problem or need help with security or databases, I can help guide you through safe, ethical solutions. It is bragging about its abilities.”

Laws

The Paypers

JUNE 6, 2025

The licence, issued to Flipkart Finance Private Limited marks a first for the country’s ecommerce sector, as the Reserve Bank of India (RBI) has not previously granted such authorisation to a major online retailer. In comparison, Amazon, Flipkart’s main competitor in the Indian market, recently acquired non-bank lender Axio.

Security

The Paypers

JUNE 13, 2025

Non-salary customers can also benefit from interest rates by maintaining a balance of USD 13.615 or more and earning 5% interest. As part of the new account, salary customers can enjoy a 6.25% annual interest along with cashback of up to approximately USD 1.361.

Accounts

Fintech News

APRIL 3, 2024

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

Financial Inclusion

PYMNTS

JUNE 22, 2020

Consider the fact that, as estimated by Javelin Strategy and Research, the combined estimated losses of new account fraud and account takeover in the U.S. database that includes virtually all new (and past) card applications from Visa issuers. alone topped $10.2 billion last year. If not, are they a victim of identity theft?”

Identity Theft

PYMNTS

NOVEMBER 23, 2016

While more banks and businesses are delving into and even getting comfortable with the idea of blockchain, some businesses are removing themselves from it. The departure does not mean, however, that the bank is steering away from blockchain entirely. Another bank’s blockchain commitment that seems not firm is Germany’s central bank.

Blockchain

PYMNTS

SEPTEMBER 28, 2016

This comes after The House recently voted, through a non-binding resolution, to push for the development of cryptocurrencies and related technologies. From cryptocurrencies to supply chains to banking to property titling, blockchain-based solutions have the ability to decentralize cybersecurity and revolutionize many industries,” said Rep.

Blockchain

Nanonets

AUGUST 26, 2024

  Visual Classification The assignment of labels or category names to visual (non-text) content is image classification.  Through non-linear complex learning, these tools can thus capture local patterns, discern spatial dimensions, and consolidate information for a complete understanding of the image.

Rules

PYMNTS

OCTOBER 10, 2019

Fresh PYMNTS research has dug into the issue. The September Faster Payments Tracker found that push payments are often viewed as more secure than pull payments, the latter of which give creditors access to sensitive bank account information. “With push payments, the consumer is always in control of a transaction,” LaFleche said.

Real Time Payments

FICO

AUGUST 6, 2018

For more than 25 years, the Falcon consortium has served as the world’s largest collection of payment card transaction details , consisting of the diverse fraud and non-fraud truncation assets that have spawned 80+ fraud-focused artificial intelligence and machine learning patents, with 30+ patents pending.

Payments Data

PYMNTS

OCTOBER 2, 2017

It was a team of cybersecurity researchers from the firm ERPScan, and not malicious hackers, who discovered that point-of-sale (POS) systems made by SAP had a gaping loophole. It was later revealed that non-celebrity users of the photo-sharing social network were also affected, though Instagram did not say how many. EDGAR Database.

Cybersecurity

PYMNTS

NOVEMBER 21, 2018

Algorithms are taking on more of the data and security work for financial institutions (FIs), with technologies such as data mining and business rules management systems (BRMS) finding popularity among banks and credit unions. According to the PYMNTS research, data mining stands as one of the most popular algorithmic technologies among U.S.

AI

Nanonets

JULY 10, 2024

An example of key-value pair extraction KVPs are the building blocks of many data structures and databases. Automation of document scanning: Governments or large businesses such as banks process many handwritten forms with identical formats for various purposes (e.g., Visa application, bank transfer).

Database

PYMNTS

SEPTEMBER 17, 2018

The fraudsters who hacked their way into the Bangladesh central bank two years ago got there by getting into software tied to the SWIFT financial platform. The Bangladesh Bank Hack. Phishers caught a big one — any way it’s sliced, $81 million is a big haul. The way they got there? The Methods.

SWIFT

PYMNTS

FEBRUARY 13, 2019

One of the most attractive characteristics of the enterprise app space is that out-of-the-box solutions can save on research and development costs, with companies rolling out enhanced onboarding and integration capabilities to limit disruption. “You won’t just crack open your general ledger to a CRM database guy.”

Finance

Nanonets

JULY 31, 2023

From detailed invoices, handy bank statements, to job-winning resumes and intricate architectural plans, these ubiquitous file formats are a staple of our interconnected world. Take a look at the below example where we chat with a research paper and extract specific information from it based on our needs.

API

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

Innovation

Nanonets

SEPTEMBER 19, 2024

Need to reconcile bank statements but tired of doing it manually? Looking for a bank statement extraction software? We have researched and listed the 10 best bank statement extraction software in the market for 2024. It can handle bank statements with complicated layouts (think, multi-line items, nested tables, etc.)

Payment APIs and Integration

FICO

MARCH 6, 2020

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank. What do you do?

Financial Crimes

PYMNTS

MARCH 15, 2017

The deal is one that seeks to bring mobile banking to underbanked consumers and also, in terms of demographics, to millennials. Outside of the data partnerships, HowGood has a team of researchers for cases when data may not be available — as can be the case when assessing smaller growers. “The

Product

PYMNTS

FEBRUARY 13, 2017

Speaking of responding to feedback… Bank Of America And The Automated Branch. In an attempt to build banking and financial services products for literally everyone, Bank of America is experimenting with a fully automated branch design. “I think that is differentiated in the marketplace. BoA is one of many U.S.

Automation

PYMNTS

FEBRUARY 20, 2018

China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. In the U.S.,

Cross-Border Payments

BNG Payments

FEBRUARY 4, 2022

The ability to accept non-cash donations is crucial. The Federal Reserve Bank of San Francisco found in its 2021 Findings from the Diary of Consumer Payment Choice that cash use accounted for 19 percent of all payments. A merchant account is an account that you open with a bank to accept credit card payments.

Credit Cards

CB Insights

OCTOBER 29, 2018

But money was just the problem: due diligence oversights on Caterpillar’s part and alleged “deliberate, multi-year, coordinated accounting misconduct” at Siwei were uncovered months after the deal closed and Caterpillar took a $580M non-cash goodwill impairment write-down in 2012. Bank of America and Countrywide.

Acquirers

PYMNTS

JULY 1, 2016

Talk soon emerged that the alternative lending industry would fail to live up to its once lofty expectations — investors would pull out, and the market would be nothing more than a temporary, minute threat to the traditional banking industry. Commercial Banking. D3 Banking.

Online and Mobile Banking

Nanonets

MARCH 30, 2023

According to Straits Research , the worldwide market for Intelligent Document Processing (IDP) was valued at USD 1,035.81 The final output is a structured data format that can be easily integrated into other systems, such as databases or business intelligence tools, for further analysis and reporting. from 2021 to 2027.

Process

PYMNTS

FEBRUARY 19, 2018

This could be an area in which non-payment FinTechs play a vital role. For our users, speed is valuable as it means that they get paid quicker,” Hansson said, pointing to research Zervant conducted last year that found a 9 percent increase in the number of invoices that get paid on time when a company switches to electronic invoicing.

Payment APIs and Integration

CB Insights

APRIL 7, 2018

Testing and iterating is the essence of research and development. While R&D scientists may seem non-essential to the manufacturing process, they are increasingly critical for delivering the latest and greatest technology, especially in high-tech manufacturing. Will this design look right? Does this compound fit our needs?

Technology

FICO

JANUARY 19, 2022

Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Darryl Knopp wrote: For banks with their own BNPL offering, a multi-layered approach to risk management and fraud protection is critical. Here are excerpts.

Financial Crimes

Fintech Labs Insights

FEBRUARY 26, 2017

I started my career as a researcher working on automation and artificial intelligence systems, controlled by neural networks. Over my career I have worked with major clients such as Coca-Cola, GM, Citibank, Bank of New York, among many others, in a variety of operating systems, programming languages and databases.

Database

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021.  Bank transfers and digital wallets are more recent developments that have leveraged the rapid expansion in digital data and interconnectivity.

Payment APIs and Integration

FICO

JANUARY 9, 2019

Horia Tipi noted a breakthrough for operations researchers and data scientists worldwide: Last week we announced that FICO Xpress Mosel, the leading optimization modeling, analytic orchestration, and programming language is now open and available to everyone free of charge. Each transaction is tagged as either fraud or non-fraud.

Posting