Transactions: EverBank selects Finzly to update payment processing system
EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18...
Payments
Fintech funding drops to four-year low in Q1
Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital...
Fiserv deploys AI for productivity
Financial services technology provider Fiserv is deploying AI to drive productivity and sees growth opportunities in the point-of-sale and real-time...
U.S. Bank’s investment in payments tech drives growth
U.S. Bank’s investment in payments technology contributed to growth and higher payments revenue in the first quarter. "We are maintaining...
JPMorgan Chase invests in wholesale payments tech
JPMorgan Chase is investing in innovation and technology within its wholesale payments operations amid rising demand for global payments capabilities. ...
76% of EU banks to up tech spend to comply with new regulation
European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April...
FedNow service providers onboard with cloud
Certified service providers of the Federal Reserve’s FedNow network are looking to the cloud to streamline client onboarding and drive...
Bankman-Fried is sentenced to 25 years in prison over FTX collapse
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the...
Visa adds new AI tools to help fight digital fraud on payments
Visa Inc. is adding three new AI-powered fraud-prevention tools to its suite of products for business clients as the credit-card...
FedNow overtakes TCH in adoption
FedNow, launched just eight months ago, has overtaken its main competitor, The Clearing House’s Real-Time Payments network, in terms of...
