The Fintech Times

JULY 9, 2024

Ethos , the financial services company dedicated to ethically minded consumers in the UK, has launched a Shariah-compliant digital service as it seeks to ensure everyone can access finances equally while upholding ethical values.

Finance 64

Finance Deposit Account Compromise Assessments 64

Finextra

JUNE 9, 2025

While this is creating opportunities for banks – such as improving liquidity management, meeting demand for embedded finance, and expanding into new sectors – it is also a major operational shift. The last I checked, it was the Waiting For Godot Moment In Finance :). It expresses the views and opinions of the author.

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

PYMNTS

MARCH 19, 2020

The platform has been expanded to include point-of-sale payments, financing and other services. The bank will extend small business loans and deposit accounts, Square said in a statement. “We Square, Inc. was formed in 2009 as a payment services provider to enable businesses to accept card payments.

FDIC 110

FDIC Deposit Account Small Business Underserved 110

Open Banking Excellence

MAY 2, 2024

As a regulator, we aim to facilitate the entry of disruptors in areas including Open Banking and Open Finance in this concentrated and competitive market. We have an Open Banking and Open Finance movement already, as well as CBDC concepts moving to the pilot stage. This API serves as a new client acquisition channel.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

PYMNTS

MAY 7, 2020

This is pertinent to artificial intelligence (AI) in finance, where enhanced forms like adaptive AI are fulfilling the technology’s promise by actually “learning” — foremost from the behavior of legitimate deposit account holders — so that hackers stand out when they make a move. Automate to Validate .

AI 99

AI Deposit Account Near Real-Time Online and Mobile Banking 99

Fintech News

JUNE 5, 2024

The bank offers a range of services designed for MSMEs, including multi-currency business accounts, unsecured financing with flexible repayment options, and fixed deposit accounts with low entry thresholds. million.

Micro-Entry 109

Micro-Entry SARS Multi-Currency Cross-Border 109

Finovate

SEPTEMBER 17, 2024

Finastra will integrate Prelim’s technology into its Finastra Phoenix core solution to enhance the deposit account opening experience for both retail and commercial accountholders. “As we look to continuously enhance our offerings, Prelim is a trusted partner to support this transformation and our Open Finance ecosystem.

Accounts 59

Accounts Deposit Account Payment APIs and Integration Treasury 59

Fintech Finance

JULY 23, 2024

Efficiently locating transactions is critical for businesses with higher volumes of transactions: 82% of the Scorecard banks’ mobile apps provide small business account owners the ability to search, sort or filter deposit account transactions, 73% enable history search by amount and description, and 45% support keyword search.

Small Business 98

Small Business Digital Payments Online and Mobile Banking Wires 98

PYMNTS

NOVEMBER 13, 2020

In today’s top digital-first banking news, FISPAN has joined Mastercard’s Start Path accelerator program, while Wells Fargo & Co is looking to sell its private-label credit card and point-of-sale (POS) financing arm. Commercial bank deposits were up from approximately $13.2 FISPAN Joins Mastercard’s Start Path Accelerator Program.

Point-of-Sale (POS) 74

Point-of-Sale (POS) Central Bank Federal Reserve Credit Cards 74

Fintech News

MAY 23, 2024

The bank functions through the following business segments: Wholesale Finance, Retail Finance, and Other Businesses. #2 Corporate Banking offers corporate loans, trade financing, deposit services, wealth management, custody activities, and intermediary services to corporations, government agencies, and financial institutions.

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

PYMNTS

SEPTEMBER 3, 2019

Reports noted additional small to medium-sized business (SMB) banking features the company is planning to roll out, including “flexible deposit accounts, multiuser card functionality, instant invoicing, VAT management, advanced invoice financing, smart FX, supply chain finance using blockchain-based technology and secured business lending.”

Online and Mobile Banking 68

Online and Mobile Banking Small Business Deposit Account Accounts 68

Fintech Finance

APRIL 9, 2025

Amount , a leader in consumer and small business deposit account opening and loan origination software, has selected ValidiFI , the leading provider of predictive bank account and payment intelligence, to enhance its digital origination capabilities.

Origination 59

Origination Enrollments Account Validation Deposit Account 59

PYMNTS

JANUARY 12, 2021

The pandemic has acted as a catalyst in highlighting the importance of digital finance in society today.". The mobile wallet provides users with “digital financial tools and services” that even include opening deposit accounts, investing in money market funds and buying insurance products. Cu , the company’s board chairman.

Deposit Account 60

Deposit Account FinTech Finance Participant 60

PYMNTS

APRIL 7, 2020

The online personal finance firm will pay total purchase consideration of $1.2 The digital payments platform of Galileo provides savings and checking account-like abilities through its open application programming interfaces (APIs). Galileo will remain as an independent Social Finance Inc. I think it’s very powerful.”.

Technology 60

Technology Direct Deposit Deposit Account Debit Card 60

PYMNTS

JANUARY 17, 2020

bank deposit accounts, according to a survey released by the American Bankers Association. . They’re still the most popular form of payments between businesses, according to a survey of treasury and finance professionals by the Association for Finance Professionals. billion in 2016 to $15.1 billion in 2018.

Checks 56

Checks Deposit Account Debit Card Treasury 56

PYMNTS

NOVEMBER 23, 2020

Money that customers invest in Citi’s “green deposit” accounts will go toward financing or refinancing projects that meet the standards of the Citi Green Bond Framework, established to “reduce the impacts of climate change,” the bank noted in the press release.

Liquidity Management 52

Liquidity Management Deposit Account Treasury On-Demand 52

PYMNTS

JANUARY 15, 2021

Blend says it is developing a technology platform for consumer banking, which includes a connected infrastructure for deposit accounts, consumer loans and mortgages, in addition to a mortgage platform that lets people finish the home finance process in one location.

FinTech 62

FinTech Credit Union Deposit Account Advisors 62

Fintech News

APRIL 16, 2024

Fintech Thailand is poised for significant growth and development in areas including digital banking, open finance, and startup support. With cashless payment becoming ubiquitous, the Bank of Thailand (BOT) is now paving the way for open finance, aiming to enhance consumer access to financial services.

FinTech 120

FinTech Bots Central Bank Innovation 120

Fintech Finance

APRIL 24, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth , the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers.

Commercial Card 52

Commercial Card Embedded Finance Underserved Deposit Account 52

PYMNTS

SEPTEMBER 24, 2020

Financial institutions (FIs) traditionally offer remittances through correspondent banking relationships , in which banks in different countries open deposit accounts to handle cross-border payments. Maintaining compliance with these important regulations can be challenging, but FIs cannot afford to slip up.

Regulatory Compliance 89

Regulatory Compliance Correspondent Bank Compliance Correspondent 89

PYMNTS

JULY 15, 2020

MoneyLion , the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. In addition, RoarMoney users also get access to zero-percent instant cash advances up to $250, and personal finance tools, including MoneyLion’s Financial Heartbeat, a weekly spending report.

Mobile Banking 70

Mobile Banking Identity Theft Contactless Payments Visa 70

Fintech Finance

APRIL 8, 2024

Introducing digital currency and blockchain for cross-border payments Together with Onyx’s Blockchain Deposit Account product, JPM Coin, Kyriba leverages the power of blockchain and efficiency of real-time payment processing to increase end-to-end payments transparency. This is an exciting step in our ongoing collaboration with Kyriba.”

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Innovation Cross-Border Payments 52

Fintech Finance

FEBRUARY 23, 2024

The future focus of their newest chapter is working with Finzly to modernize its payments services, supporting customer needs, and emerging business lines such as embedded finance. ” The post Quaint Oak Bank Selects Finzly to Modernize Payments and Enable its Embedded Banking Practice appeared first on Fintech Finance.

Embedded Finance 52

Embedded Finance API Deposit Account Payments 52

PYMNTS

APRIL 11, 2019

The mobile app and website will be broken down into family, finances, work, health, home, leisure and giving, providing users with the ability to come up with plans for all the aspects of their lives. Data from outside investments are pulled into the account so the app has a complete picture of the customer’s financial state.

Deposit Account 49

Deposit Account Finance Accounts Product 49

The Fintech Times

APRIL 24, 2024

OakNorth , the digital bank for entrepreneurs, by entrepreneurs, has partnered with Marqeta , the global modern card-issuing platform, to enable its Business Banking customers to see a more holistic view of their finances and in turn, manage cash flow more effectively. This includes deposit accounts and tools to automate bill payments.

Debit Card 59

Debit Card Deposit Account Underserved Facilitators 59

FICO

SEPTEMBER 16, 2020

Of the 18 countries covered in the report, based on data from Euromonitor International and UK Finance, the UK posted the largest value reduction in fraud since 2018, some £52 million. See the interactive map at www.fico.com/europeanfraud. by Toby Carlin.

Compromise 52

Compromise Monetary Loss Deposit Account Volume 52

Fintech Finance

JANUARY 24, 2024

demand deposit accounts. The post Mastercard and The Clearing House extend partnership on real-time payments appeared first on Fintech Finance. “The expanded partnership will help both companies design the next generation of instant payment capabilities for financial institutions and their customers.”

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

PYMNTS

MARCH 13, 2017

An announcement Friday (March 10) said Penta is looking to accelerate availability to bank accounts for its SME and startup business customers in Germany and link them to deposit account and payment card solutions.

Small Business 50

Small Business Deposit Account Accounts Innovation 50

PYMNTS

MAY 9, 2019

cash deposit platform developer Flagstone notched £11m in funding from investors such as VentureFounders and Kindred Capital, according to reports. The company, which was started in 2013, offers individuals, along with their wealth managers, charities and SME corporates, access to deposit accounts. In other news, U.K.

Deposit Account 43

Deposit Account Authorization Mobile Payments Finance 43

PYMNTS

JULY 30, 2019

What MoneyLion is designed to do is offer a mobile financial services platform that combines deposit accounts with low dollar lending, investing and wealth management services. The platform also allows users to connect all their bank accounts and credit cards and receive personalized advice on how to better spend their money.

Consumer 76

Consumer Financial Literacy ATM FDIC 76

PYMNTS

MARCH 9, 2020

Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts. Coghlan pointed to Amazon, and even digital platforms like Tinder that can influence how a person may want to conduct banking and finance.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

FICO

APRIL 9, 2019

Consumers can now permission their demand deposit account (DDA) data for inclusion into the UltraFICO TM Score. A data sharing standard can foster an environment that further empowers consumers to access data across financial account types, and use that data to better manage their finances and improve their financial lives.

Consumer 66

Consumer Innovation Security Demand Deposit Account (DDA) 66

Stax

JANUARY 1, 2024

Accessibility and online services Easy access to the account and robust online services are essential for efficient business operations. The ease of managing finances can significantly impact a business’s day-to-day operations. Q: Do businesses use savings accounts?

Accounts 88

Accounts Online and Mobile Banking API ATM 88

FICO

SEPTEMBER 23, 2022

Most institutions have finance departments that track performance at the portfolio level, though many tend to rely on static forecasts (using predictive analytics) rather than leveraging strategy-dependent forecasts (known as prescriptive analytics or optimisation). Video: Unlocking Deposit Account Profitability.

Deposit Account 52

Deposit Account Product On-Demand Accounts 52

PYMNTS

SEPTEMBER 8, 2016

Online lender Social Finance Inc has clearly decided to embrace the “go big or go home” mantra with its latest push for funding in the face of generally waning enthusiasm about the whole tech-backed lending concept. billion in funding.

Push-to-Card 43

Push-to-Card Deposit Account On-Demand Credit Cards 43

Stax

APRIL 23, 2024

ACH transactions provide a quick and easy way to pay employees, submit and retrieve tax returns, and automatically control your finances within 1-2 business days. The process of creating an ACH deposit account isn’t complicated. And the best part about ACH? Anyone can set them up and control them with a few clicks of a button.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

JULY 26, 2016

Schwartz also briefly spoke to the idea that the consumer lending portion of Goldman’s new line was connected to its other big retail expansion into consumer deposit accounts. Goldman purchased $15 billion in consumer accounts from GE Bank during Q2. It has that big pile of deposit account dollars to fund those loans.

Deposit Account 40

Deposit Account Consumer Accounts Underwriting 40