financial institutions

Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Against that backdrop, financial institutions (FIs)...

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Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
September 13, 2023  |  Banking

In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. In the...

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JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
September 11, 2023  |  Bank Regulation

Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators....

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Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
September 08, 2023  |  Partnerships

African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...

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BILL Introduces Integrated Financial Operations Platform for Small Businesses
BILL Introduces Integrated Financial Operations Platform for Small Businesses
September 07, 2023  |  SMBs

BILL has integrated its accounts payable (AP), accounts receivable (AR), and spend and expense management solutions into a single platform. The new BILL Financial Operations Platform allows...

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Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
September 07, 2023  |  Innovation

Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit...

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Vsoft Teams with Pidign to Offer Real-Time Payments
Vsoft Teams with Pidign to Offer Real-Time Payments
August 28, 2023  |  Real-Time Payments

Payment solutions firm VSoft says it has integrated its platform with real-time payments firm Pidgin. That integration, the company announced Monday (Aug. 28), will allow VSoft’s core processing solution...

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TD Bank Faces Anti-Money Laundering Probes From US Regulators
TD Bank Faces Anti-Money Laundering Probes From US Regulators
August 24, 2023  |  AML

TD Bank has disclosed that it is cooperating with inquiries from regulators and law enforcement regarding its compliance with anti-money laundering rules. The bank made this...

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TreasurUp and Salt Edge Partner to Provide Open Banking Services
TreasurUp and Salt Edge Partner to Provide Open Banking Services
August 24, 2023  |  Partnerships

TreasurUp and Salt Edge have partnered to provide financial institutions in the United Kingdom and the European Union (EU) with account aggregation and open banking compliance services. TreasurUp’s...

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