Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for various financial accounts. The new Digital Twin solution aims to allow banks and credit unions to accelerate their digital transformation while keeping...
Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. The Wall Street firm plans to enlist several hundred new staffers to address concerns raised by banking supervisors, Bloomberg reported Thursday (Aug. 17). Goldman Sachs CEO David Solomon has...
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and establish the credentials of senders or receivers of funds for transactions on multiple payment rails, Sardine said in a Tuesday...
Overdraft fees have been a hot button issue in financial services. But they’re less of a revenue source for banks — significantly less — than they were not all that long ago. To that end, as reported last week by the Consumer Financial Protection Bureau...
November 17, 2022
By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core at Technisys, told PYMNTS. From the rise of ATMs to the ubiquity of voice and keypad prompts on the phone, or bot-screened questions online, most consumers are fully comfortable by […]
June 03, 2022
“At the heart of every bank is a service company.” Jim McCarthy, president of i2c, remarked to Karen Webster that there’s ample opportunity (and a few challenges) in front of...
March 14, 2022
Application programming interfaces (APIs) are transforming all manner of business verticals, improving the connectivity between computers, yes, but also companies, and even departments within companies. Matt Naish, head of product...
September 08, 2023
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 remittances from India to Africa, streamlining the process for users, Bloomberg reported Friday (Sept. 8), citing an interview with Flutterwave Co-founder and CEO Olugbenga Agboola. Reached for comment by PYMNTS, a […]
September 05, 2023
Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for various financial accounts. The new Digital...
August 17, 2023
Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. The Wall Street firm plans to enlist several hundred new...
June 27, 2023
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and establish the credentials of senders...
