Technology
Technology
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The larger the business grows, the more difficult and time-consuming it will be to make the fundamental changes required, according to Justin Shipe, vice president of information security for CardConnect, and Aaron Largent, director of infrastructure for CardConnect.
August 1 -
Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.
July 31 -
The U.K.’s Food Standard Agency completed its first successful blockchain pilot this month, with plans to expand the test in August.
July 31 -
The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.
July 31 -
Paying international suppliers through a bank portal is a painful, expensive process that creates unnecessary friction for burgeoning cross-border trade. There are better fintech alternatives, writes Karla Friede, CEO of Nvoicepay.
July 31 -
Visa has partnered with U.S.-based fintech novae to launch an omnichannel digital rewards platform for Visa card-issuing banks in Latin America and the Caribbean. The collaboration with San Francisco-based Novae is an example of the card network's open approach to fintech.
July 31 -
Time is running out to apply to win one of Credit Union Journal's Best Practices Awards.
July 30 -
The credit union service organization focuses on predictive modeling, business intelligence and technology services.
July 30 -
Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.
July 30 -
TransferMate, a cross-border B2B payments service, has received a $25 million investment from ING Group N.V. to accelerate its global expansion.
July 30 -
In a post-Equifax world, independent sales organizations, acquirers and payment processors are under much more scrutiny over merchant account applications and underwriting.
July 30 -
The cryptocurrency-focused merchant bank Galaxy Digital, led by a former Goldman Sachs partner, will start trading on a Toronto exchange this week. Its journey is a cautionary tale in regulatory risk.
July 30 -
Banks should continually try out new technologies, even after failed experiments.
July 30 -
As smaller screens and internet-of-things devices become more prominent, credit providers will have to find a way to accept personal information without the convenience of a terminal and keyboard.
July 30 -
Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.
July 30 -
Merchants looking at third-party fraud services should also for detailed information regarding their modus operandi and results, including the steps they take to protect clients' data, according to Bernardo Lustosa, co-founder and COO of ClearSale.
July 30 -
Federal bank regulators consider roughly a dozen new rules; firms tout tools to help financial institutions bank legal marijuana-related businesses; Mick Mulvaney defends CFPB enforcement powers; and more from this week's most-read stories.
July 27 -
A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they are sufficiently covered.
July 27 -
Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.
July 27 -
Launch Federal Credit Union, $781 million institution based in Merritt Island, Fla., has signed an agreement with San Diego-based Corelation Inc., to convert to its KeyStone core processing system February 2019.
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