Stax

MARCH 4, 2025

The issuing bank verifies whether the customer has enough funds in their account to complete the transaction. Once approved, the information is sent to the merchants bank account, where the funds are deposited. If necessary, you need to apply for a merchant account through a bank or payment processor.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Finovate

MARCH 7, 2025

As a proliferation of payment options promises to streamline banking and commerce, regulators, fintechs, and financial services companies are looking for ways to make sure that the challenges to these new payment optionsfrom technical complexity to new forms of fraud and financial crimeare met. And then trust.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

The Fintech Times

MARCH 18, 2025

Global insurtech bolttech has appointed Ridhi Chaudhary , chief investment officer, Dragon Fund by Liquidity and MUFG , to its board as a non-executive director. M&As OakNorth deepens support for US lower mid-market businesses with acquisition of Michigan-based, Community Unity Bank. This expands a relationship which began in 2014.

FinTech 59

FinTech Payment APIs and Integration Non-Bank APACS 59

EBizCharge

JANUARY 16, 2025

MCCs are set by major credit card networks such as Visa, MasterCard, American Express, and Discover when merchants set up their credit card processing accounts to ensure transactions are accurately processed, and interchange fees are correctly applied. Who sets merchant category codes? MCCs play a role in setting these fees.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

Fintech Finance

NOVEMBER 6, 2024

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a first-of-its-kind public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

Cross-Border Payments 97

Cross-Border Payments Visa Cross-Border Multi-Currency 97

Fintech Finance

JUNE 17, 2024

Mastercard and Thought Machine , a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Visa 105

Visa Non-Bank Debit Card Payments 105

Fintech Finance

JANUARY 22, 2024

Mastercard and Abu Dhabi Global Market (ADGM) have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalizing SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources.

Visa 90

Visa Small Business Economy Non-Bank 90

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system. The country stands out in this regard.

CBDC 131

CBDC Transactions Payment APIs and Integration Cross-Border 131

The Fintech Times

DECEMBER 6, 2023

Mastercard has teamed up with payment processing company MDP to boost the payments landscape for banks and non-FIs in the Middle East and Africa region. The post Mastercard Partners with MDP to Innovate Payment Solutions in the Middle East and Africa appeared first on The Fintech Times.

Visa 64

Visa Payment Solutions Innovation Non-Bank 64

The Fintech Times

MARCH 1, 2024

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8

Card Issuer 64

Card Issuer Issuers Visa Online and Mobile Banking 64

Finovate

JUNE 17, 2024

Thought Machine has extended its relationship with Mastercard. The two are advancing their partnership to offer core banking and payment solutions to financial institutions. The two first partnered in 2020, when Thought Machine participated in the Mastercard Start Path startup engagement program.

Visa 59

Visa Non-Bank Debit Card Participant 59

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Online and Mobile Banking Issuers 59

PYMNTS

MAY 16, 2019

That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products. Not Just A Number. FinTech Role.

Visa 68

Visa Innovation Issuers Payments 68

Fintech Finance

MAY 22, 2024

Leap Financial , a company at the intersection of fintech, AI, and cultural insight, has partnered with Mastercard to launch an Embedded Remittance service. to Latin American and Caribbean countries, capitalizing on a $155 billion market, as reported by the Inter-American Development Bank.

Visa 52

Visa Debit Card AML Non-Bank 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 134

FinTech Online and Mobile Banking Multi-Currency Non-Bank 134

PYMNTS

APRIL 17, 2020

Ulu Ventures and Grotech Ventures co-led the round, Cerebro said, which closed late last month; Sterling Partners, Inner Loop Capital and Point Field Partners also participated, according to reports. The platform is designed for both corporate borrowers and their lenders, integrating both sourcing and loan management into a single solution.

B2B 77

B2B Cross-Border Cross-Border Payments FinTech 77

PYMNTS

JULY 22, 2016

Though the purchase of London-based VocaLink is sure to open the door for Mastercard to play a role in the company’s key payment technology platforms for U.K. payment schemes, it also contributes to Mastercard’s overall vision for the future of commerce. VocaLink is clearly part of that strategy. s ATM network.

Visa 43

Visa Faster Payments ACH Non-Bank 43

PYMNTS

FEBRUARY 21, 2020

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin.

B2B 72

B2B Payment APIs and Integration Small Business Cybersecurity 72

The Fintech Times

SEPTEMBER 2, 2024

The digital banking scene in the Middle East and Africa (MEA) is undergoing a significant transformation, with neobanks and challenger banks emerging as key players in reshaping financial services. It’s worth noting that digital banks can fall into either category, whether neobanks or challenger banks.

Non-Bank 64

Non-Bank Visa FinTech Underserved 64

PYMNTS

JULY 5, 2019

A point of enormous confusion in the press is what the 27 non-Facebook companies have agreed to do at this point. For many regulated, compliant global players like Visa, Mastercard and PayPal, that could come as a big ask, particularly since it means saying yes to processing transactions that use the Libra cryptocurrency.

Regulations 82

Regulations Government Governance Cryptocurrency 82

PYMNTS

JUNE 18, 2019

After that it is Facebook’s vision that the rails will become permissionless and open to all to encourage broad participation, innovation and application development. At PayPal, we believe in democratizing participation in the digital economy for people from all walks of life and businesses of all sizes. I have no doubt they are. “At

Payments 98

Payments Online and Mobile Banking Cross-Border Financial Inclusion 98

The Fintech Times

AUGUST 30, 2024

” Business bank Allica has acquired bridging lender Tuscan Capital from Quilam Capital, representing Allica’s first foray into the bridging finance market. The partnership expands the capability of 10x’s newly launched meta core banking platform to personalisation.

FinTech 59

FinTech Non-Bank Advisors RTP 59

The Fintech Times

DECEMBER 12, 2023

NexPay , a global education payments, has unveiled new board roles including David Jonhstone as non-executive chair, Rajesh Yohannan, the current CEO of Axi Corp, as a non-executive board director, as well as Clive Wilson to the newly created role of chief risk and governance officer.

FinTech 59

FinTech Financial Crimes Non-Bank Point-of-Sale (POS) 59

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

The Fintech Times

OCTOBER 15, 2024

Despite its market stalling in H1’24, Australia’s economy still remains a major player globally with a gross domestic product (GDP) per capita of over $65,000 according to the World Bank. These include cross-border payments Airwallex , buy now pay later (BNPL) Afterpay and challenger bank Judo Capital.

Cross-Border Payments 52

Cross-Border Payments Scams Non-Bank Cross-Border 52

The Fintech Times

JANUARY 9, 2024

The fundraise was co-led by Fidelity International Strategic Ventures (FISV) and Portage, with participation also from State Street and Citi. The platform, which is backed by Lloyds Bank, targets cash flow shortages, a primary cause of delayed payments in the construction sector. More recently he worked for Hitachi Capital PLC.

FinTech 59

FinTech Non-Bank Cross-Border Payments Cross-Border 59

The Fintech Times

MARCH 21, 2024

Opening up day two of PAY360 2024, John Penrose MP addressed the future of open banking and its evolution into smart data, while highlighting what he feels is missing from the Data Protection and Digital Information (DPDI) Bill. In the UK, the Bank of England is working closely with Pay.UK around a common credit message around ISO.

Cross-Border Payments 64

Cross-Border Payments Cross-Border ISOs Rules 64

Open Banking

JANUARY 24, 2023

The Open Banking Implementation Entity (OBIE) has today announced that Marion King has been appointed as its new Chair and Trustee and will commence her Trustee mandate on 1 February 2023. Before joining the OBIE, Marion was Director of Payments at NatWest Group and President of MasterCard UK and Ireland. million users.

Non-Bank 52

Non-Bank Message Standards Government Governance 52

PYMNTS

OCTOBER 22, 2019

announced that it is partnering with Evolve Bank & Trust , an FDIC-insured financial services organization, to offer a full suite of customizable credit, debit, prepaid and DDA products. Founded in 1925, Evolve Bank & Trust operates retail branches throughout the mid-south and mortgage production offices nationwide.

Product 40

Product FinTech FDIC Non-Bank 40

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

The Fintech Times

JANUARY 25, 2024

Funding and investments Mondu , the B2B payments company, has raised an additional €30million in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB). Led by Canapi Ventures, the Series A also had participation from Andreessen Horowitz, Remarkable Ventures and banks Huntington National Bank, First Horizon and Regions.

Distributed Ledger Technology (DLT) 59

Distributed Ledger Technology (DLT) FinTech RTP Multi-Currency 59

Clearly Payments

JULY 11, 2024

The Complexity of Payment Processing The payment processing value chain has multiple participants and steps, including the merchant, the customer, the acquiring bank , the issuing bank , and the payment processor. Visa, MasterCard) for using their network. Assessment Fees: Charged by card networks (e.g., per transaction.

Process 52

Process PCI DSS Processors Non-Bank 52

The Fintech Times

JULY 16, 2024

’s CEO Chris Jurasek joins as non-exec chair, while Emma Brown joins as chief financial officer. Stéphane Besson joined CUBE’s board earlier this year and continues as non-exec director. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

PYMNTS

FEBRUARY 13, 2017

population and also advertises a simplified returns process for participating merchants. 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.

Automation 49

Automation Breach Credit Union Compromise 49

PYMNTS

JANUARY 22, 2019

Dosh is an online cash-back rewards app that built its business model on creating a connection between retailers and brands — Nike, Toms, Gap, Walgreens, Walmart, Target and Sephora are all partner firms — and payment card providers like Visa and Mastercard. Dosh users, upon creating an account, connect it to their card of choice.

Credit Cards 60

Credit Cards Push-to-Card Cryptocurrency Non-Bank 60