An Insider on Open Banking’s Power to Deliver Faster Payments
An Insider on Open Banking’s Power to Deliver Faster Payments
April 21, 2023  |  Faster Payments

Despite instant settlement, lower fees and fraud protection, open banking payment rails in the U.K. are lagging in adoption. New payment option providers such as...

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Aggregators Boost Merchant Acquisition and Retention With Payments Orchestration
Aggregators Boost Merchant Acquisition and Retention With Payments Orchestration
April 21, 2023  |  Aggregators

Randy Guard, chief marketing officer and product officer at Spreedly, told PYMNTS that merchant aggregators are confronted with a host of challenges when helping their...

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Mangopay CFO: There’s No Replacement for a Healthy Balance Sheet   
Mangopay CFO: There’s No Replacement for a Healthy Balance Sheet  
April 21, 2023  |  CFO

There’s nothing simple about growth, and there’s nothing basic about financial fundamentals. In light of ongoing macro challenges and a softening economic landscape, savvy chief...

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Nearly 4 in 5 Consumers Screen Dating App Matches on Social Media
Nearly 4 in 5 Consumers Screen Dating App Matches on Social Media
April 21, 2023  |  Connected Economy

Bumble. Tinder. Hinge. MeetMe. Grindr. Plenty of Fish. Every month, 73 million consumers across the United States log in to dating apps like these to...

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UK’s Point of Sale Finance Game Ripe for Payments Overhaul
UK’s Point of Sale Finance Game Ripe for Payments Overhaul
April 21, 2023  |  POS Innovation

Consumers and merchants are being let down by the current state of play in the traditional retail finance space — an “untouched” aspect of the...

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Bank of America CEO Says Deposit Insurance ‘Worked Pretty Well’
Bank of America CEO Says Deposit Insurance ‘Worked Pretty Well’
April 20, 2023  |  Banking

The deposit insurance system “worked pretty well,” said Bank of America CEO Brian Moynihan. Speaking Thursday (April 20) at a Bloomberg event, Moynihan said deposit...

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Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
April 20, 2023  |  IPO

Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds...

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Google Consolidates AI Teams to ‘Significantly Accelerate’ Progress
Google Consolidates AI Teams to ‘Significantly Accelerate’ Progress
April 20, 2023  |  artificial intelligence

Google has combined two of its artificial intelligence (AI) teams to speed its progress in the field. DeepMind and the Brain team from Google Research...

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PopID Adds Palm Verification to Biometric Platform
PopID Adds Palm Verification to Biometric Platform
April 20, 2023  |  Biometrics

PopID now enables palm verification as well as face verification. The firm has partnered with PalmID to add the palm option to its platform for...

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