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- RIP Simple, the innovative banking site
- Trulioo Makes The World Economic Forum Pioneers And CNBC Disruptor 50 Lists
- Banking And Walter Bagehot — Smart Lessons From A Leading Victorian
- Low-Code Can Compensate For Shortage Of Programmers In Financial Services
- Volante Offers SWIFT Message Validation on AWS
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RIP Simple, the innovative banking site
I was sorry to have to write about BBVA shutting down Simple, and Azlo. Josh Reich, a co-founder, said he was amazed at how complex American banking was compared to his native Australia, and it seemed designed to confuse users … Continue reading
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Trulioo Makes The World Economic Forum Pioneers And CNBC Disruptor 50 Lists
Trulioo, a global identity verification company, has been selected as one of the World Economic Forum’s Technology Pioneers and was also named to the CNBC Disruptor 50 list for the second time. Trulioo’s mission is to provide verifiable identities for … Continue reading
Posted in banking, Compliance, Compliance, digital banking, fintech
Tagged AML, Compliance, financial inclusion, KYB, KYC
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Low-Code Can Compensate For Shortage Of Programmers In Financial Services
The financial services industry needs to use low code development because it doesn’t have the time or the people to create services the old fashioned way, says Omar Arab, vice president of business development at Veritran. The company provides a … Continue reading
Posted in digital banking, payments, security, Uncategorized
Tagged APIs, digital wallets, front end, low code
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Volante Offers SWIFT Message Validation on AWS
– 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
Helping Employees Avoid Late Fees, Bounced Checks And Pay Day Lending With Their Own Money
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 advance pay, hourly workers, Walmart
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DHS Updates U.S. Critical Infrastructures Including Payments And Securities Settlement
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 Accenture, custody, DHS, fraud, payments, Risk management, Secret Service, US Treasury
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Technisys – Ready With A Digital Banking Core For North & South America
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
Posted in Uncategorized
Tagged ABA, core banking, digital banking, FIS, Fiserv, ICBA, Jack Henry, mobile first banking, SAP
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Z/Yen Group Designs New Index Linking Finance and Tech
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 financial centres, innovation, new technology, Z/Yen
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Ohpen Gets New Investment, Adds More Bank Clients
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
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Pew Blasts CFPB For Reversal On Payday Lending
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
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