October 23, 2023
Finexio Unveils NextGen Platform With AI-Powered Supplier Enablement

Finexio, a B2B accounts payable (AP) Payments-as-a-Service company, unveiled its NextGen platform, equipped with an artificial intelligence (AI)-powered supplier enablement framework. The NextGen B2B payments platform prioritizes user-centricity, Finexio said...

October 19, 2023
Metropolitan Commercial Bank to Pay $15 Million Penalty for Fraud...

Metropolitan Commercial Bank (MCB) has agreed to pay a penalty of $15 million following an investigation by the New York State Department of Financial Services (DFS). Superintendent of Financial Services...

October 19, 2023
NymCard Teams With ACI Worldwide to Fight Financial Fraud

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. The partnership, announced late Wednesday (Oct. 18) sees NymCard enhancing its fraud platform with ACI Fraud Management to protect its customers from...

October 18, 2023
Equipifi Partners With Jack Henry to Bring Buy Now, Pay...

White-label Software-as-a-Service (SaaS) company Equipifi has teamed with FinTech firm Jack Henry to offer a buy now, pay later (BNPL) tool to community and regional financial institutions (FIs). Via the...

October 18, 2023
EU Watchdog Calls for Data Privacy Enhancements in Digital Legislation

The European Union’s data protection watchdog has urged the implementation of stronger privacy safeguards in the EU’s draft legislation designed to support the introduction of a digital euro, reported Reuters....

October 16, 2023
Jack Henry Debuts Defense Against Money Laundering

FinTech company Jack Henry has introduced a new tool to help banks combat fraud. The firm’s Financial Crimes Defender, announced Monday (Oct. 16), is a cloud-native, real-time fraud and anti-money laundering (AML) tool...

October 13, 2023
NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division

NMI, a full commerce enablement technology company, has acquired software and payments technology company Sphere’s Commercial Division. This move aims to enhance NMI’s underwriting and risk management capabilities, while also providing...

October 13, 2023
Embedded Payments Demand That Firms Understand ‘Entire Chain’ of Transactions

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. “The platformization of the world is...

October 10, 2023
Report: Hamas Received $41 Million in Crypto Since 2021

The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency.  A review of Israeli government seizure orders and blockchain analytics reports revealed that Hamas...