PYMNTS-MonitorEdge-May-2024

financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

When FinTechs Compete, Banks Can Also Win
When FinTechs Compete, Banks Can Also Win
May 28, 2018  |  Bank Regulation

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up,...

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Amazon: How Financial Services Firms Use The Cloud For A Power Boost
Amazon: How Financial Services Firms Use The Cloud For A Power Boost
May 25, 2018  |  Amazon

Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete in a world...

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Mastercard Launches Accelerate To Help FinTechs Scale
Mastercard Launches Accelerate To Help FinTechs Scale
May 21, 2018  |  Mastercard

Mastercard announced on Monday (May 21) the creation of Accelerate, a new initiative to drive growth in the FinTech industry. In a press release, Mastercard...

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IBM Acquires Armanta For Watson Financial Services Portfolio
IBM Acquires Armanta For Watson Financial Services Portfolio
May 04, 2018  |  Partnerships / Acquisitions

IBM has acquired New Jersey-based FinTech firm Armanta to join its Watson Financial Services portfolio. Armanta is a provider of aggregation and analytics software to...

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The Role Of Customer Service In Strengthening The Processor/Merchant Bond
The Role Of Customer Service In Strengthening The Processor/Merchant Bond
May 03, 2018  |  Merchant Innovation

Customer service matters in all walks of business, to consumers and businesses alike, but especially so in payments. Troubleshooting issues when they arise, or anticipating...

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Virgin Beats Q1 Expectations, Continues SMB FinServ Rollout
Virgin Beats Q1 Expectations, Continues SMB FinServ Rollout
May 02, 2018  |  B2B Payments

Virgin Money released its first quarter financial data this week, noting that it surpassed expectations despite the costs associated with introducing small business financial services...

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Getting Bill Payments The Financial Services Love It Deserves
Getting Bill Payments The Financial Services Love It Deserves
May 01, 2018  |  Alternative Finances

No one gets excited about paying bills. Which, according to SVP of Consumer Channels and General Manager Richard Kang at Handle Financial, is why when...

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How India Will Leapfrog Plastic Payments
How India Will Leapfrog Plastic Payments
April 30, 2018  |  Startup Check-In

Three decades ago, there were 25 million credit cards in use across the Indian subcontinent, despite it being one of the world’s most populous nations....

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Australian Commission Finds ‘Unconscionable’ FinServ Practices
Australian Commission Finds ‘Unconscionable’ FinServ Practices
April 30, 2018  |  B2B Payments

After increased pressure on the Australian government to crack down on misconduct in the banking industry, a Royal Commission released preliminary findings of its financial...

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