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Why financial institutions should invest in payment gateway software development
Date: September 18, 2024
As the world becomes increasingly digital, the rise of cashless transactions is reshaping the financial industry. With more consumers and businesses relying on digital payments, the need for secure and efficient payment gateways is at an all-time high. For financial institutions, the development of custom payment gateway software is not just a competitive advantage—it’s a...
The AI act: What impact will artificial intelligence really have on B2B payments?
Date: September 6, 2024
By Pat Bermingham, CEO of B2B digital payment specialist, Adflex Visit any social media newsfeed and countless posts will tell you that AI means “nothing will ever be the same again” or even that “you’re doing AI wrong”. The sheer volume of hyperbolic opinions being pushed out makes it almost impossible for businesses to decipher...
A financial solution for the American worker you can bank on
Date: September 5, 2024
By Rob Nardelli, Director of Commercial Banking, DailyPay According to the Federal Reserve, about 19% Americans are considered to be ‘unbanked’ or underbanked (defined as those who use alternative financial services such as payday loans, money orders, or check cashing). For those who fall into this category, they are often the targets of predatory lending...
Fraud prevention: Rethinking the evolving landscape
Date: August 28, 2024
By Ronen Assia, Managing Partner, Team8 As fraud continues to transform and expand, it’s important to understand the various typologies and methods used by fraudsters. Without this knowledge, identifying your vulnerabilities or maximizing ROI on fraud prevention efforts becomes nearly impossible. Fraud is no longer just a nuisance; it has become a significant economic threat with...
Building compliance into business culture is essential in FinTech
Date: August 28, 2024
Tetyana Golovata, Head of Regulatory Compliance at IFX Payments Regulation plays a critical role in shaping the fintech landscape. From Consumer Duty and FCA annual risk reporting to APP fraud, the tectonic plates of the sector are shifting and whether you consider these regulations as benefiting or hindering the industry, businesses are struggling to keep...
How currency marketplaces have changed foreign currency trading forever
Date: August 28, 2024
By Ola Oyetayo, co-Founder of Verto Companies expanding globally, from large multinationals to small businesses, often encounter significant challenges when dealing with exotic or thinly traded currencies. These obstacles include limited exchange rate control, high initial expenses, and operational inefficiencies. A key issue is the scarcity of liquidity and price transparency, especially for emerging market...