As fintechs broaden their product sets and partner more closely with banks, the once-clear line where fintech ends and banking begins is increasingly muddled, raising questions about customer privacy, data security, compliance and other issues. Banks partnering with fintechs must evolve their compliance and third-party management processes to successfully manage the relationship, says Tom Grundy,
Amplify Credit Union announced Wednesday (Feb. 9) that it is rolling out fee-free banking, so members won’t pay fees on checking, savings and business banking accounts — including account maintenance fees, regardless of balance. The Austin, Texas-based credit union also removed fees for wire transfers and overdraft protection. CEO Kendall Garrison said this could be a change for the
NCMC – National Common Mobility Card – India’s initiative for implementing an interoperable transport card plus a Payment card in it. This video provides an overview of NCMC ecosystem and its message flows.
22 FEB 2022, 2:00 PM EST Even with lower supply, real estate agents are seeing higher than normal demand this early in the year. In January, purchase loan application volume rose 2% from week one to two, according to the MBA. Looking into the spring, is your financial institution ready for the uptick? Consumers want
February 16, 2022 | 2.00PM EDT
February 16, 2022 | 2.00PM EDT Account takeover attacks are the fuel that powers the wider financial fraud ecosystem. After compromising a financial account, attackers can steal and resell personal information, drain money from the account, make purchases, commit loan fraud, and a whole host of additional downstream attacks. It’s probably not surprising then that
March 1, 2022, 5:30 AM IST This event is to aggregate people who want to startup together, find your partner and find venture capital, exchange idea and experiences. This is for high-tech startups. VC only give you money if you are 100% prepared, top educated, top skilled in most case. for people seriously considering to
February 17-18, 2022 | USA
February 17-18, 2022 | USA As the world is moving towards an Open banking and API Banking, there is a significant /paradigm shift towards Cloud & Data Transformation in the banking & financial sector. Cloud has become the preferred way to manage, store and transfer data because of its convenience, unmatched scale and economic advantage.
Insurtech Honey Insurance and mortgage aggregator Finsure Group have partnered to design a digitalised process that they say embeds home insurance into mortgage applications. Finsure’s nationwide network of more than 2000 brokers will offer clients insurance that is integrated into its Infynity platform. “Customers of Finsure brokers can now get their home insurance at the same time they get their mortgage
What do Blockbuster, Vine, and Compaq have in common? The answer lies at the heart of every business decision ever made—the need to evolve and stay relevant or cease to exist. Some years ago, one savvy business person said it best, “What’s most dangerous in business is to not evolve.” Today, that same person has
Working in Support of Education (W!se), a leader in financial education, is pleased to announce the launch of a major new digital resource to enhance its award winning Financial Literacy Certification program. This resource is a newly developed cloud-based mobile app with an updated database of practice test questions that enables students from schools participating
PayIt, an award-winning provider for digital government solutions, is making it more convenient for Toronto residents to pay bills in one secure location. The newly launched digital solution, MyToronto Pay, provides a new online payment option for property tax and utility bills. In addition to making immediate payments, Torontonians can use the service to schedule
Fiserv has struck a $650 million deal to buy Finxact, a firm that provides cloud technology and open development tools for speedier IT upgrades, making it popular with bank technology investors. The Jacksonville, Florida-based Finxact helps financial institutions launch a digital brand, modernize their technology or integrate with fintechs through open banking. Read More
