Being debanked is pretty awful … just ask Nigel Farage or Chris Skinner … but what about if you’re a woman? As money controls life, do women get a good deal? Not really. Everywhere around the world, women have less access and use of banking, and yet women are the global influencers of finance. What’s……

Being debanked is pretty awful … just ask Nigel Farage or Chris Skinner … but what about if you’re a woman? As money controls life, do women get a good deal? Not really. Everywhere around the world, women have less access and use of banking, and yet women are the global influencers of finance. What’s……

Being debanked is pretty awful … just ask Nigel Farage or Chris Skinner … but what about if you’re a woman? As money controls life, do women get a good deal? Not really. Everywhere around the world, women have less access and use of banking, and yet women are the global influencers of finance. What’s……

Data insights company S&P Global is developing internal- and external-facing generative AI tools to boost efficiencies — and it hopes to monetize the technology by offering it to customers.  The New York-based company rolled out its gen AI-driven tool Spark Assist on April 25 internally to all employees, Chief AI Officer Bhavesh Dayalji told Bank…

Payments go beyond the transfer of money, and financial institutions can customize each step of the process through vendor selection.  “In the whole journey of a payment, a payment is not just transferring money from one place to another,” Sachin Torne, senior vice president of global payments transformation at Citi, said June 27 during Volante’s…

Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management and get approval before entering into any new partnerships. The Russian-linked hacker group LockBit 3.0 on…

Things we’re reading today include … MiCA laws come into effect in Europe — Here’s what you need to know (cointelegraph.com) ChatGPT-4o builds an ideal $1,000 crypto portfolio for the second half of the year (finbold.com) Digital bank tops list of 100 fastest-growing British businesses | The Independent LoopFX lands £2.6m investment from Augmentum Fintech……

London-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30.  Joyce previously worked at American Express, Klarna, Bread and Alloy and brings 20 years of experience to XYB, according to a company release. Joyce “actually came in and built a business plan and fundraised in the background” before his…

The financial services industry has worked for years to create frictionless payments. Now it may be necessary to add friction back into the mix to combat fraud.  “Instant payments actually has a lot more fraud connected,” Jenny Winther, head of payment schemes at Sweden-based Handelsbanken, said today during Volante’s “From mandates to modernization: Payment as…

Fintech funding has hit a four-year low, but venture capitalists believe that it will slowly return to a pre-pandemic normal, Carey Ransom, managing director of venture capital firm BankTech Ventures, told Bank Automation News.  “Things got very frothy in 2021 and 2022 due to the liquidity in the market,” Ransom said. “It was a zero-rate…