"Orum announced that it is live with FedACH and will be adding FedNow and FedWire services. The direct connection to the Federal Reserve’s payment rails as a service provider is part of Orum’s new money movement API, Deliver."
Wedge Introduces Industry-First Programmable Payment Solution For Banking Associations and Credit Unions
"Wedge announced the launch of the Wedge white-label programmable payments platform. Banks and credit unions nationwide can now issue customers the most advanced debit cards, offering them the ability to use their most efficient payment method available at every point...
"India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the development said."
Episode 233 – How unexpected technology combinations can lead to practical payment solutions with Glendy Kam, Tassat
In searching for guests who will inspire us to eschew false choices in favor of unexpected combinations, we met Glendy Kam, Chief Product Officer at Tassat. In this episode, Yvette enjoyed geeking out on payments innovation with Glendy and digging into how Tassat is creating an infrastructure enabling $1.4Tr in payments for commercial bank customers.
For all the participants who have been through a Glenbrook workshop and have asked about real-world use cases for distributed ledgers and blockchain technologies in payments, or are trying to figure out how to combine new and existing technologies to solve a problem, this episode is for you. Enjoy!
"Linux Foundation Charities (LF Charities), with support from the Bill & Melinda Gates Foundation, is proud to announce the launch of Tazama, a groundbreaking open source software solution for real-time fraud prevention."
"Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S."
DFPI Orders Chime Financial to Pay $2.5 Million, Improve Customer Service Standards Due to Unfair Complaint Handling
The California Department of Financial Protection and Innovation (DFPI) announced that it has entered into a consent order with San Francisco-based Chime Financial, Inc. (Chime) which includes a $2.5 million penalty and resolves DFPI’s investigation regarding the...
"In a move towards greater transparency and responsible credit reporting in the buy now, pay later (BNPL) industry, Experian® announced it will now include “pay-in-4” BNPL loan information from Apple Pay Later on consumers’ credit reports, making Apple the first major...
"Klarna announced its AI assistant powered by OpenAI. Now live globally for 1 month, the numbers speak for themselves..:"
"In just under three years, Pagos has built seven unique payments optimization services designed to help businesses see, monitor, and more effectively use their payments data. Two of those pioneering services—announced today—increase the value of a company's payment...