Remove Digital Banking Remove Financial Technology Remove Payments
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Chesapeake Bank Joins The Clearing House’s RTP Network

PYMNTS

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said.

Virginia 224
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New EU Card Rules Could Confuse Customers

PYMNTS

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. If a customer goes over that limit on several card payments, then they’ll have to enter a pin.

Cards 204
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Bankers On Fixing B2B Payments API Flaws

PYMNTS

APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments. banks provide each other access to transaction data and account information to enable open banking. The European Union (E.U.)

Payments 200
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The legacy clock is ticking

Chris Skinner

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal.

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Ant Financial’s Strategy for AI, Blockchain, Cybersecurity and more

Chris Skinner

I’ve been flying around a bit and was lucky enough to find myself onstage the other day, chairing the Ant Financial Technology Forum at Money20/20 Singapore.

Strategy 290
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Why FinTech start-ups think they can beat the banks

Chris Skinner

The reason why they have gained such a valuation is that they have taken something the banks make difficult – setting up online payment services – and made it incredibly easy. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

Fintech 361
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UK Financial Watchdog Says Wirecard Cooperative But Assets To Stay Frozen 

PYMNTS

billion accounting scandal, but restrictions on the collapsed German payments company will stay, Reuters reported. “We We cannot lift the restrictions without reassuring ourselves that the firm has been able to satisfy all our concerns, for example that all clients’ money is safe,” the Financial Conduct Authority (FCA) said in a statement.

Taxes 223