Category: FinTech

  • The Finanser’s Week: 13th August – 18th August 2024

    This week’s main blog discussions include … Is the fintech bloodbath over? I find it hard to believe that two years ago I was writing about a fintech bloodbath and, two years later, it continues. The drying up of funding, the post-pandemic recession, the way in which the markets were moving from funding to divesting….…

  • Larger FIs may need more time to implement open banking

    Open banking regulation is quickly approaching but financial institutions are asking the Consumer Financial Protection Bureau to extend the timeline for implementation.  FIs are expected to have an open banking framework in place within six months, according to the CFPB’s proposal. However, trade groups including American Bankers Association and The Clearing House, are requesting that…

  • Revolut says secondary share sale valued firm at $45B

    Revolut Ltd. said a secondary share sale that allowed the company to give employees liquidity for their stakes valued the company at $45 billion. The round was led by investors Coatue, D1 Capital Partners and Tiger Global, according to a statement. Morgan Stanley served as sole placement agent on the deal. The new valuation is…

  • Gen AI reduces agent response time by 70% at Discover

    Discover Financial Services is tapping generative AI to speed up call center agent response and strengthen client experience.  Using Google Cloud’s AI platform, Vertex AI, Discover has reduced response times for call center agents by 70%, Szabolcs Paldy, senior vice president of enterprise operations at Discover, told Bank Automation News. Questions in the call center…

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

  • America’s pay-by-bank: nothing new?

    I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……