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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

Video 205
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Agora Services Debuts New Tools For SMB Banking

PYMNTS

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. Agora SMB will offer its users new options for unlimited plastic and virtual cards for employees.

Tools 168
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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. India spent $1.5

Report 104
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Africa FinTech Leads This Week’s B2B Investments, Breaks Record

PYMNTS

With the funds, Cellulant said it will continue to focus scaling its payments and digital banking solutions for the agriculture industry. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments. Expense Management. Data & Business Intelligence.

Fintech 134
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Personal Finance In The Post COVID-19 World

BankBazaar

Nations across the world have since time immemorial competed with each other in matters of military spend and war preparedness. The COVID-19 crisis has also led to a sharp increase in the adoption of digital banking due to restrictions on the availability of physical channels. Digital Banking.

Policies 148
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2021 GonzoBanker Awards

Gonzobanker

Bank Merger of the Year. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. The Bank That Gets Fintech.

Fintech 140
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5 Ways Ant Financial & Tencent’s Fintech Growth Playbooks Are Evolving

CB Insights

This would be Tencent’s first move to provide a payment option beyond its users’ debit and credit cards issued by regular banks. MYBank , an online lender backed by Ant Financial, is launching a new receipt financing service that will utilize QR codes to scan receipts and obtain tax information from suppliers.

Fintech 51