September 20, 2024 @ 10:16 am By JD Alois  |  

The Payments Association has released an “investigative documentary” regarding the impact of Authorised Push Payments (APP) fraud. The project was released in partnership with Cardaq and We Fight Fraud. The documentary aims to explore how fraudsters pilfer money from the innocent. The documentary, entitled The… Read More

 Tagged app fraud, psr, the paymens association, uk, united kingdom

September 20, 2024 @ 9:57 am By Omar Faridi  |  

UK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the market, according to KPMG’s CEO Outlook survey. KPMG surveyed more than 1,300 CEOs around the… Read More

 Tagged generative ai, kpmg, research

September 20, 2024 @ 9:24 am By Omar Faridi  |  

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, will provide its technology to HSBC Global Private Banking. The solution will be fully integrated into HSBC’s platform “to digitalize the private market investment experience for its relationship managers,… Read More

 Tagged banking, hsbc, icapital, wealth management

September 20, 2024 @ 9:02 am By JD Alois  |  

Multiple reports have claimed that Apple (NASDAQ:AAPL) has been talking to JP Morgan (NYSE:JPM), the largest bank in the US, to step in and takeover the popular Apple Card from current partner Goldman Sachs (NYSE:GS). Apple partnered with Goldman to launch the Apple Card, which… Read More

 Tagged apple, apple card, goldman sachs, jp morgan

September 20, 2024 @ 8:42 am By Michael Wong  |  

Fintech solutions provider NeoXam has announced the signing of an agreement to acquire EZOPS, a company specializing in AI-enabled data control, workflow automation, reconciliation, and regulatory reporting solutions. This acquisition is set to bolster NeoXam’s Fintech offerings and extend its international footprint, with particular emphasis… Read More

 Tagged EZOPS, NeoXam

September 20, 2024 @ 8:39 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth has been driven by a surge in adoption “from financial institutions and spend management platforms, with AI platform, RedOwl, being… Read More

 Tagged fintech trends, nium, payments

September 20, 2024 @ 7:59 am By Omar Faridi  |  

FloQast announced the results of Exploring Strategic Compliance: The Next Frontier, the company’s latest research initiative aimed at shedding light on the trends and challenges facing compliance teams. The survey reveals that 47% of compliance professionals are “focused on simply finding a better, easier way… Read More

 Tagged compliance, insights, research, survey

September 20, 2024 @ 6:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

 Tagged affirm, bnpl, fintech trends, payments

September 19, 2024 @ 3:45 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the “increased confidence they need to extend capital in a… Read More

 Tagged cloud, data, equifax, small businesses, us

September 19, 2024 @ 1:35 pm By Tony Zerucha  |  

This past week, Open Banking Limited announced that the Competition and Markets Authority has officially confirmed the full completion of the final Roadmap for Open Banking. This milestone, building on the “substantial completion” announced in 2023, means that all nine banking providers mandated by the… Read More

 Tagged competition and markets authority, Dan Turnbull, Henk Van Hulle, Marion King, open banking, open banking limited