Instant Payment Trust Built with Clear Dispute Rules
The US Faster Payments Council released a report on Friday, May 15, stating that a clear dispute resolution process is vital for instant payments. The report's
Fintech
US Consumer Watchdog Chief Defends Citi Deal Termination
The US Consumer Financial Protection Bureau's acting director, Mick Mulvaney's successor, defended ending a consent order with Citigroup. This occurred when the
Relish Joins Nacha's Preferred Partners for Fraud Prevention
The National Automated Clearing House Association (Nacha) has announced that Relish is now a preferred partner for account validation and fraud prevention. This
Open Banking Reconciliation Hits Education Sector
IMP Software and Yapily have teamed up to bring Open Banking-driven reconciliation to the education sector, targeting multi-academy trusts. The partnership was
Mutual Banks Partner with Fintechs for Open Banking
Australian mutual banks are teaming up with fintech companies to access Open Banking data, a panel revealed at the Fintech Data Horizons Summit in Sydney on May
A Quarter of U.S. Adults Now Embrace Cryptocurrency in Daily Life
In a recent survey, it was found that 25% of U.S. adults actively use cryptocurrency for various purposes. The National Cryptocurrency Association (NCA) unveile
Streamlining Investment Account Transfers
Apex Fintech Solutions and Plaid have joined forces to simplify the process of transferring investment accounts. The partnership brings together Plaid's financi
New Leader at Payments Association
The Payments Association has appointed Emma Banymandhub as its new CEO, effective immediately, following her previous role as Chief Operating Officer. The annou
Rohit Chopra to Head New California Consumer Agency
California has appointed former Consumer Financial Protection Bureau head Rohit Chopra to lead a new state agency. The agency will oversee several departments,
Streamlining Brokerage Transfers with New Partnership
Apex Fintech Solutions and Plaid have partnered to simplify account transfers for brokerage firms, enhancing their digital capabilities. The collaboration bring
Wealth-Tech Firm Vault Targets Saudi Arabia's Underserved Rich
Vault, a digital wealth management platform based in Abu Dhabi's financial hub, has entered Saudi Arabia after securing a licence from the Capital Market Author