financial institutions
15 articles tagged "financial institutions"
Visa Launches Intelligent Authorization to Modernize Payment Processing
Visa has introduced Intelligent Authorization, a new payment processing solution that enables banks and financial institutions to modernize their systems through a single API. The platform addresses legacy infrastructure limitations while delivering 99.999% uptime and 96.3% global approval rates.
U.S. Bank and Fiserv Forge Alliance in Enhanced Card Issuance
U.S. Bank and Fiserv have joined forces to bring a revolutionary integrated agent card issuance to the market. With the enhancement of Credit Choice, banks can now improve customer experiences with digital-first solutions.
Navigating CFPB’s Section 1033 Rule: Akoya's Solutions for Compliance
Akoya is dedicated to assisting financial institutions in adhering to the CFPB’s Section 1033 rule, ensuring safe and transparent data sharing for consumers.
CFPB Finalizes Landmark Open Banking Rule for US Consumers
The CFPB has established new regulations for Open Banking, enabling consumers to access and share their financial data, leading to greater competition and improved services in the US.
Visa Launches the Tokenized Asset Platform for Financial Institutions
Visa has unveiled its Tokenized Asset Platform (VTAP), enabling banks to create fiat-backed tokens on blockchain networks. The first pilots are expected in 2025.
Finastra Achieves Fed Certification for ISO 20022 Payment Solutions
Finastra has secured Fed certification for ISO 20022, enhancing its payment processing offerings. This move positions the company as a leading provider in financial compliance and innovation.
Visa Unveils New Tool for Subscription Management Amid Growing Economy
Visa has introduced Subscription Manager, a tool designed to help consumers better manage their recurring payments as the subscription economy rapidly grows.
Swift's Instant Payment System Revolutionizes Cross-Border Transactions
Swift has launched a system enabling 24/7 instant payments across Europe, enhancing cross-border transaction efficiency and transparency. The initiative supports G20 goals for quicker payments.
Triple-A Partners with Mastercard to Enhance Global Payments
Triple-A has teamed up with Mastercard to improve cross-border payment services, enabling faster remittances for financial institutions and consumers in Europe and beyond.
FDIC Updates Digital Signage Guidelines for Financial Institutions
The FDIC has revised its digital signage requirements to provide banks with greater flexibility while ensuring consumers understand FDIC insurance protection.
Fiserv and Plaid Partner for Secure Financial Data Sharing
Fiserv and Plaid have joined forces to enhance secure data sharing options for consumers and financial institutions through innovative API technology. This agreement seeks to empower consumers while maintaining data privacy and security standards.
Citi Unveils Four Innovative Payment Solutions for Financial Institutions
Citi has rolled out four new payment solutions aimed at enhancing the effectiveness and user experience for financial institutions. These innovations cater to the growing demands of a global banking environment, enabling seamless operations in cross-border transactions.
Plaid Launches Beacon: A New Anti-Fraud Solution for Fintechs
Plaid has unveiled Beacon, a groundbreaking anti-fraud network aimed at enhancing security across fintech platforms. This innovative solution allows for real-time information sharing to combat identity fraud.
2023 Digital Banking Trends: Cybersecurity Top Concern for Banks
A recent report reveals that banks maintain focus on tech spending amid financial challenges, prioritizing cybersecurity and customer experience.
CD Valet Unveils Digital Account Opening for Financial Institutions
CD Valet has announced a new digital account opening feature, enabling financial institutions to easily attract new customers while providing consumers access to competitive CD rates.