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Payments Journal 04/09/2020 16:47
Trellance to equip Heartland with its M360 data analytics and business intelligence platform, together with IronSafe data extraction and data management consulting services. TAMPA, Fla., April 9, 2020 / — Trellance, the leading provider of data analytics, business intelligence and professional services for credit unions, today announced the signing of a comprehensive data analytics agreement […]. .
Payments Journal 04/09/2020 16:35
Accounts payable fintech solution achieves unprecedented growth of over 1,000%, with $2.3 billion total customer AP spend PRESS RELEASE UPDATED: APR 9, 2020 09:00 EDT ORLANDO, Fla., April 9, 2020 (Newswire.com) – Finexio, a fintech company offering a comprehensive accounts payable "payments as a service" solution, today announces that it has achieved 1,081% growth in supplier spend [...]. .
Payments Journal 04/09/2020 15:50
Leading digital payment experts launch ground-breaking fintech with lending and mobile payment solutions London 9 April 2020: PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its partnership with koto, the new credit app which offers a unique combination of e-money with credit for a fixed [...]. .
Payments Journal 04/09/2020 15:17
SINGAPORE – APRIL 9, 2020 – Mastercard’s unwavering commitment to making transactions more convenient, safe and seamless through tap-and-go card payments has taken on new urgency and importance as the spread of COVID-19 highlights the imperative for "contact-free" environments and experiences as much as possible.
Payments Journal 04/09/2020 13:45
Acquisition enhances B2B customer offerings with entry into fuel card issuance and expands robust incentives customer portfolio PLEASANTON, Calif. – April 8, 2020 – Today, global branded payments provider Blackhawk Network announced that it has completed its acquisition of SVM Cards, a provider of physical and digital open- and closed-loop prepaid cards.
Payments Journal 04/09/2020 13:31
LONDON, April 9. Fintech company STICPAY introduces the prepaid STIC Card for its award-winning e-wallet solution. STICPAY users can now harness the benefits of the STIC Card to withdraw and spend their funds in a fast, cheap, and convenient way. Unlike competitor solutions, that is available only for the residents of the European Economic Area […]. .
Payments Journal 04/09/2020 13:30
There will be impacts to bank balance sheets, but Global Finance has an optimistic perspective. With central banks around the globe moving quickly to pump liquidity into financial markets in an effort to counter the supply shock and stunning collapse of demand caused by the coronavirus pandemic, the creditworthiness of most major banks appeared assured, […]. .
Payments Journal 04/09/2020 09:00
Even after governments and the healthcare community succeed in stopping the spread of COVID-19, a long tail of financial crime is likely to follow. Already, cybercriminals are phishing fearful consumers under the guise of COVID-19 aid. And, they are expected to very soon begin targeting government relief programs. The effectiveness of their crimes will be […]. .
Payments Journal 04/08/2020 15:30
A new vision for payments in the EU has been jointly issued by the European Banking Federation (EBF), the European Association of Co-operative Banks (EACB), and the European Savings and Retail Banking Group (ESBG). Their 5-year vision includes goals to “seek to meet changes sparked by a mix of evolving customer needs, regulatory action, technology […]. .
Payments Journal 04/08/2020 14:45
BlueSnap is now a Nacha Preferred Partner for Digital Commerce and Business-to-Business Payments. HERNDON, Va., April 7, 2020 /PRNewswire-PRWeb/ — BlueSnap is now a Nacha Preferred Partner for Digital Commerce and Business-to-Business Payments. In becoming a Preferred Partner, BlueSnap joins a select group of innovators that Nacha recognizes for offering products and services that increase or enhance the […]. .
Payments Journal 04/08/2020 14:16
In support of its commitment to delivering best-in-class products and services to its Owner credit unions, PSCU continues to extend its leadership position in digital offerings to bolster credit union members’ online, mobile and digital experiences. The nation’s premier payments credits union service organization (CUSO), PSCU is elevating and expanding its mobile card management platform, […]. .
Payments Journal 04/08/2020 14:07
Program is available immediately to approved lenders Rapid implementation with services commencing in as little as 48 hours DALLAS – Wednesday, April 8 – GIACT®, the leader in helping companies positively identify and authenticate customers, today announced a dedicated fast track program to help lenders disburse the $349 billion in Small Business Administration (SBA) loans [...]. .
Payments Journal 04/08/2020 14:00
Consolidation continues in the fintech industry with SoFi purchasing Galileo, which is a processor, program manager, distributor and Banking as a Service (Baas) provider, not to mention one of the founders in the prepaid processing industry. Deal talks began before “things got challenging,” but they were able to continue despite the coronavirus slowdown, SoFi CEO […]. .
Payments Journal 04/08/2020 13:30
A write- up in PaymentsSource penned by FICO has a sobering summary of figures regarding deposit fraud from an American Banker survey from 2018 data, including this one on check fraud: The American Bankers Association’s 2019 Deposit Fraud Survey found that in 2018, check fraud accounted for 47% or $1.3 billion of industry deposit account fraud [...]. .

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