Blockchains could save banks $10B in cross-border payments costs by 2030
Cross-border payments in their current form tend to be slow, costly and offer limited transparency and traceability. Deploying blockchains —...
TransUnion’s Innovation Lab helps FIs deploy alternative data
As banks and financial institutions seek more granular insights from data with hopes of expanding access to credit, some are...
Finastra partners with Bakkt to offer crypto services to community banks, credit unions
Financial services software provider Finastra has tied up with Atlanta-based crypto exchange Bakkt to offer digital asset trading solutions and...
5 Questions With … Mastercard Head of Cross-border Services Stephen Grainger
As the scale of cross-border transactions continues to grow, Mastercard is betting on its recent acquisitions of international payments provider...
Payroll API provider Atomic raises $22 million in series A funding round
Atomic, a payroll integration API provider, has raised $22 million in a series A funding round announced Tuesday. Image: Michael...
Standard Chartered taps FinLync to expand reach of bank’s treasury management offerings
Standard Chartered has tapped Singapore-founded fintech FinLync to help expand the reach of its treasury management offerings, specifically the bank’s...
BNPL supplements credit card debt instead of replacing it, TransUnion study finds
Consumers seeking buy now pay later (BNPL) credit also actively utilize credit card debt instead of replacing one with the...
Financial services firms face high incidence of phishing attacks
As financial institutions lean on digital channels to keep pace with customer requirements during the pandemic, cyberattackers have multiplied their...
Finastra onboards 25 financial institutions onto cloud-based core banking solution
Financial services software provider Finastra onboarded 25 clients onto its cloud-based core banking solution, Fusion Phoenix, during the 2021 fiscal...
Upstart rakes in $194 million in quarterly revenue
AI-powered online lending platform Upstart earned $194 million in quarterly revenue denoting a growth of 60% on a quarterly basis,...
