Mon.Sep 02, 2024

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The cannabis industry needs standardized methods of risk assessment

American Banker

Cannabis is becoming a big business in the U.S., but companies in the field still struggle to find financing. A broadly accepted way of assessing their creditworthiness would be a huge help.

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Chase warns against using system glitch to filch cash: it’s ‘fraud, plain and simple’

TheGuardian

Warning comes after viral TikTok posts where customers purportedly tried to withdraw more money than they had The US banking giant Chase has made clear that taking advantage of a system “glitch” to extract cash was “fraud, plain and simple” despite it becoming a TikTok trend. Chase Bank’s warning on Monday came in response to viral social media posts where customers purportedly tried to withdraw more money than they had in their accounts by exploiting a banking system delay.

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GoCardless closes deal to acquire Nuapay

The Paypers

Bank payment company GoCardless has closed its acquisition of Nuapay in order to scale its indirect channel proposition and fast-track the launch of new capabilities.

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HUD official declares 'job well done' on appraisal bias task force

American Banker

Melody Taylor, the executive director of the Property Appraisal and Valuation Equity task force, said the interagency group went above and beyond expectations. She also defended it against common attacks from working appraisers.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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Qatar Financial Centre introduces new digital assets framework

The Paypers

The Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) have launched the QFC Digital Assets Framework.

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CFTC imposes USD 22 million fine on Nasdaq Futures for Core Principle breaches

The Paypers

The Commodity Futures Trading Commission (CFTC) has issued an order filing and settling accusations against Nasdaq Futures , imposing a USD 22 million fine for Core Principle violations.

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The Critical Role of Continuous Website Optimization for Financial Brands

Digital Growth Institute

Imagine you're on your way to becoming one of the top financial brands in your state. In the midst of a major merger and rebrand, you've been given a $10,000 budget to launch a new website, something that will be the digital face of your institution for years to come. But here's the question: Are you truly equipped to make the most of this opportunity?

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Intellect and Wipro partner on financial tech solutions

The Paypers

Intellect Design Arena has announced a global strategic partnership with Wipro Limited.

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10x Banking partners with SunTec to augment pricing for banks

The Paypers

Cloud-native SaaS core bank operating system 10x Banking had announced a strategic collaboration with SunTec to allow banks to provide personalised solutions to their customers.

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The 2024 Lenders Guide to Automating the Complex Loan

Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

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PayPal's venture arm joins group to invest USD 15 million in Ume

The Paypers

US-based multinational financial technology company PayPal has announced that it joined a group of investors to inject USD 15 million into Ume , a Brazilian payment service provider.

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Zindigi introduces contactless payment solution Zindigi Pay

The Paypers

Zindigi has announced contactless payment solution, Zindigi Pay, a payment solution in Pakistan designed for all digital wallets and for both individuals and businesses.

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Newgen Software launches a trade finance platform in the Middle East

The Paypers

Newgen Software has announced the launch of a trade finance platform in the Middle East, aimed at digitalising operations and unlocking new growth opportunities.

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Stori raises USD 100 million investment

The Paypers

Mexican fintech company Stori has raised USD 100 million in new investment in the South American nation, planning to kick off its operations in Colombia.

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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Chiliz Partners with NAVER Pay

The Paypers

Chiliz Group , a blockchain provider for the sports and entertainment sector, has entered into a partnership with digital payments platform NAVER Pay.

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Epoint obtains fintech licence in Azerbaijan

The Paypers

Online payments provider Epoint has announced that it secured a fintech licence from the Central Bank of the Republic of Azerbaijan, underlining the firm’s compliance with regulations.

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allpay, Turn2us, and WEA partner to facilitate financial security and education

The Paypers

UK-based payment company allpay has entered into a collaboration with Turn2us and the Workers’ Education Association (WEA) to address financial inequality and foster adult education.

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Ant International launches AI credit tech for Brazil

The Paypers

Ant International has announced a strategic initiative to offer AI-driven credit technology solutions to help local partners and strengthen financial inclusion in Brazil.

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Auditpalooza: Rocking the Month-End Close Audit

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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Zoho introduces Zoho Payments solution

The Paypers

Zoho has forayed into the payments sector by launching a new service designed to help businesses process online payments from their customers in a unified manner.

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Zoho introduces Zoho Payments solution

The Paypers

Zoho has forayed into the payments sector by launching a new service designed to help businesses process online payments from their customers in a unified manner.

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JCB partners with BINDO to launch the Wonder x JCB Metal Corporate Card

The Paypers

JCB International has announced its partnership with BINDO in order to provide global customers and clients with access to the Wonder x JCB Metal Corporate Card.

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Crypto.com launches global retail services

The Paypers

Crypto.com has launched new global retail services, which now include deposit and withdrawal facilities for users of the Crypto.com App in over 90 countries.

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3 Ways Managed Device Services Help Community Banks Cut Costs

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se

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MANSA partners with Bitmama to improve cross-border payments in Africa

The Paypers

Decentralised finance platform focused on cross-border payments MANSA has partnered with blockchain payment platform Bitmama.

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Egypt to launch its first digital bank by Q4 2024

The Paypers

Egypt has announced its plan to launch its first digital bank by Q4 2024 following CBE ’s approval, prioritising growth and financial inclusion.

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Monetary Authority penalises WeChat Pay Hong Kong

The Paypers

The Monetary Authority has imposed penalty actions on WeChat Pay Hong Kong for breaching the Payment Systems and Stored Value Facilities Ordinance.

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Google Pay Introduces UPI Circle, ClickPay QR, and more features

The Paypers

Google Pay has announced the introduction of six new features set to enhance user experience and expand the app’s capabilities.

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5 Things Lenders Need to Know About Portfolio Loans & Their Documentation

Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.