Source: https://www.pymnts.com/topic/fintech/

Credit unions and FinTechs are partnering to provide seamless banking experiences for their members, but often face challenges such as different decision-making speeds and incompatible core systems.

Source: https://www.pymnts.com/topic/fintech/

Mastercard is preparing for the future of e-commerce by focusing on tokenization. This technology replaces sensitive account numbers with unique, disposable codes, making it harder for fraudsters to steal information.

Source: https://www.pymnts.com/topic/fintech/

Maintaining trust in payments is crucial, but faces threats like fraud, security, and compliance risks. Elly Aiala, Chief Compliance Officer at Boost Payment Solutions, highlights these risks as particularly important due to evolving technology and increasing cybercrime sophistication.

Source: https://www.pymnts.com/topic/fintech/

The news discusses why consumers, particularly those with high and low incomes, choose to leave the credit card market.

Source: https://www.pymnts.com/topic/fintech/

Mastercard has partnered with Dgpays to promote digital payment solutions in Eastern Europe, the Middle East, and Africa. The partnership aims to develop payment technologies and loyalty solutions, and Mastercard will make a minority investment in Dgpays.

Source: https://www.pymnts.com/topic/fintech/

Salad Money, a UK-based financial institution, has appointed Alex Marsh as the new Chair of its board. Marsh, who was previously the CEO of Klarna UK, has been a non-executive board director at Salad Money since last year. He succeeds Sir Tim Melville-Ross and his appointment comes as Salad Money continues to develop its lending platform, currently being the largest CDFI in the UK.

Source: https://www.pymnts.com/topic/fintech/

American Express has seen significant growth in virtual cards for business-to-business (B2B) payments, which offer enhanced fraud protection, automation, and flexibility compared to traditional methods.

Source: https://www.pymnts.com/topic/fintech/

The payments industry must balance frictionless user experience with robust risk management, particularly in eCommerce. This requires leveraging technological advancements such as device information, geolocation, and behavioral biometrics to maintain fast transactions while managing inherent risks.

Source: https://www.pymnts.com/topic/fintech/

Source: https://www.pymnts.com/topic/fintech/