Financial Institution

Barclays US Consumer Bank will offer its merchant partners the ability to provide point-of-sale (POS) installment payment options later this year, making the London-based bank’s North American branch the latest financial institution to participate in the program. ‘immediate purchase. later (BNPL). “Customers want products to buy now, pay for later. …

All eyes in the bitcoin world and beyond were on Coinbase on April 14 when the company became the first cryptocurrency platform to go public. It was a very good day. Shares opened at $ 381, hitting $ 429.54 before leveling off at $ 328.28. They were valued at the …

Share Tweet Share Share Share E-mail Small and medium-sized enterprises (SMEs) are enjoying their time in the spotlight of innovation in financial services. Whether it’s large financial institutions (FIs), neobanks, or FinTechs, the finserv ecosystem is accelerating the emergence of digital-first solutions that target some of the most ingrained challenges …

Share Tweet Share Share Share E-mail Open banking is a global phenomenon, and as more banks and FinTechs collaborate to unlock customer data for enriched banking experiences, partners increasingly see small businesses and enterprises as key targets. innovation. This week’s bank-FinTech collaboration roundup explores the latest ties between Italy and …

Here we go again. The Secure and Fair Enforcement (SAFE) banking bill was passed by the House earlier this month. If this sounds familiar to you, it’s because it passed the House in 2019, only to end up getting nowhere in the Senate. Democrats also included it as part of …

While the majority of the big banks’ digital transformation is well underway, customer engagement metrics are firmly focused on the mobile apps they continue to iterate, not on closed branches. In January, HSBC revealed that only 10 percent of customer contact was through its branches. But boosting customer engagement on …

SINGAPORE – China’s largest distressed asset manager on Tuesday paid off one of its international bonds in full and sought to allay investor concerns over its liquidity following a downgrade in credit ratings. The overseas arm of China Huarong Asset Management Co., a sprawling financial institution that helps the country’s …

Share Tweet Share Share Share E-mail With all of the positive changes and innovations happening in payments, there is an unfortunate correlation with challenges and threats. Innovation strengthens the business and remains at the forefront of progress with the digital consumer. But just behind these consumers are the scammers who …

A Dubuque-based financial institution opened a new fiscal year on a record note. Heartland Financial USA on Monday reported net income of $ 50.8 million for the three months ending March 31 – its highest quarterly total on record. It was also a 153% increase over the same three-month period …

Where the pandemic is taking us – What are the next steps in regulatory compliance By Christopher Wooten, EVP, NICE When the pandemic hit, we certainly felt that there would be a strong impact on our social lives. But what wasn’t immediately obvious was the extent to which Wall Street …

The payments and financial services industry is one to watch when it comes to digital transformation. There is a strong push towards a data-driven, customer-centric digital model. Even the most conservative financial institutions are accelerating their digital transformation to keep pace with rising customer expectations and increased competition from payment …