Author Archives: Tom Groenfeldt

About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on Forbes.com and International Finance Magazine. The Financial Brand ranked me 20 on a list of the top 25 global influencers in financial services and Jay Palter included me in his list of 250 fintech influencers to follow in 2016 http://bit.ly/1SSRXC6

Volante Offers SWIFT Message Validation on AWS

Posted on September 18, 2019

– Volante Technologies, a global provider of messaging and payments technology both in-prem and in teh cloud, today announced it has launched financial message validation on the cloud, available as an Amazon Machine Image (AMI) on the AWS Marketplace. Like … Continue reading →

Posted in digital banking, fintech, payments | Tagged , ,

Helping Employees Avoid Late Fees, Bounced Checks And Pay Day Lending With Their Own Money

Posted on September 16, 2019

PayActiv gives workers access to the money they have earned without requiring them to wait two weeks for their paycheck, said Safwan Shah, the company’s CEO. It advances the money and then is reimbursed by the employer when checks or … Continue reading →

Posted in digital banking, fintech, payments, Uncategorized | Tagged , ,

DHS Updates U.S. Critical Infrastructures Including Payments And Securities Settlement

Posted on June 10, 2019

The U.S. Department of Homeland Security last week released an update to its list of 16 critical infrastructures, which included financial services such as payments and clearing and settlement of securities. “The Financial Services Sector-Specific Plan details how the National … Continue reading →

Posted in fintech, payments, security, Uncategorized | Tagged , , , , , , ,

Technisys – Ready With A Digital Banking Core For North & South America

Posted on May 28, 2019

North America has a newcomer in core banking — Technisys, originally from Argentina. It is implementing a digital first system at Alberta’s ATB in a new subsidiary bank called Brightside, and it recently raised a $50 million Series C investment … Continue reading →

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Z/Yen Group Designs New Index Linking Finance and Tech

Posted on May 25, 2019

London’s Z/Yen group has developed a Smart Centres Index, designed to track the development of commercial and financial centres across the world in their support for and readiness for new technology applications.  Smart centres are cities across the world which encourage … Continue reading →

Posted in fintech, Uncategorized | Tagged , , ,

Ohpen Gets New Investment, Adds More Bank Clients

Posted on May 18, 2019

Ohpen, a banking tech firm in the Netherlands that was the world’s first cloud native core banking provider, has announced that its first and long time investor, the investment management firm Amerborgh, has sold part of its shareholding to NPM … Continue reading →

Posted in Uncategorized

Pew Blasts CFPB For Reversal On Payday Lending

Posted on May 18, 2019

Midnight on the 15th ended the CFPB’s comment period on its proposal to rescind the payday loan rule to protect borrowers that it had finalized in 2017.Pew said the CFPB rule on payday ending could save consumers billions. “Pew is … Continue reading →

Posted in Uncategorized