Columbus, OH

PYMNTS

Digital healthcare platforms HealthEdge and Zelis have formed a partnership centered around healthcare payments. The collaboration, announced Thursday (Aug. 15), leverages HealthEdge’s core administrative processing system (CAPS) and Zelis’ Advanced Payments PlatformSM (ZAPP) to enhance the efficiency, accuracy and transparency of healthcare payments. “Health Plans have many challenges,...

HealthEdge and Zelis Launch Healthcare Payments Partnership

Citi and Network International have formed a referral agreement in which Network will provide omnichannel payment acceptance solutions to the bank’s large enterprise customers across the Middle East and Africa (MEA). Network International’s payment platform offers a variety of payment methods, enhanced transaction efficiency, increased security and seamless payment...

Citi to Offer Network International Omnichannel Payment Acceptance Solutions

Regional banks in the United States are reportedly actively pursuing mergers and acquisitions to strengthen their balance sheets and enhance their competitiveness in the face of challenges posed by elevated interest rates, increased competition for deposits, and losses on commercial real estate loans. This wave of consolidation within the sector...

Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness

South Carolina State

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Florida State

Akeena

Recent data from the U.S. Census Bureau reveals a significant trend: Florida is experiencing a substantial outflow of residents. According to the latest figures, over 275,000 individuals left Florida for other states in 2022.

Florida Sees Surge in Departures as Hundreds of Thousands Move Out

For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run for their money (literally). The company said in a blog post on Thursday (Aug. 15) that it would debut...

As Klarna Eyes Banks, Will BNPL Be an Onramp to Savings Accounts?

The housing supply shortage in the U.S. is a major issue that politicians on both sides of the aisle are slowly waking up to, and it continues to be a regular point of conversation along the presidential campaign trail. Still, with the election mere months away, it’s unlikely Congress will...

The Public-Nonprofit-Private Partnerships Tackling the Housing Crisis

Ben Walter, Chase Business Banking CEO, joins 'Squawk on the Street' to discuss how AI is impacting small businesses, the easiest AI onramp for small business, and more.

Chase Business Banking CEO: Small businesses don't yet know what to do with AI

Recently, the UK startup Atoa Payments has raised $2.2 million in a pre-seed funding round. The interest in the startup increased after Sid Narayanan, co-founder of Atoa announced that their solution reduces by 70% the payment fees and offer a new approach to making payments. Atoa Payments uses open banking...

The UK Startup Atoa Payments has raised $2.2 million in a pre-seed funding round

Leaders of the House Financial Services Committee (HFSC) called on the Treasury Department to focus on the potential benefits of artificial intelligence as the department considers how to regulate the use of the technology. HFSC Chairman Patrick McHenry of North Carolina and all six subcommittee chairmen made the call in...

HFSC Leaders Call on Regulators to Focus on AI Benefits

California State

Lawmakers on both sides of the Atlantic are racing to establish artificial intelligence (AI) regulations, with California poised to vote on strict AI oversight as the U.S. Congress considers a “regulatory sandbox” for financial services. Meanwhile, the European Union’s AI Act is set to transform the healthcare technology...

US Eyes Financial AI Regulations as EU Law May Impact Healthcare Tech

HTX Ventures has released its 2024 Half-Year Investment Report, outlining its strategic investments and focus areas for the first half of the year. As a significant player in the blockchain venture capital (VC) sector, HTX Ventures targeted six key areas and invested in 23 projects to drive innovation and address the core challenges of Web3, as shown in the Figure below.

Strategic blockchain investments by HTX Ventures: A mid-year analysis

Former Google CEO and Executive Chairman Eric Schmidt is reportedly not a fan of remote work. Speaking to students at Stanford University, Schmidt said that Google’s offering of remote work has caused it to fall behind in the artificial intelligence (AI) competition, The Wall Street Journal reported Wednesday (Aug. 14), citing a video of the event.

Former Google CEO Eric Schmidt: Successful Startups Work in Offices

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin America, for all intents and purposes, there’s only one kind of banking: digital. It’s reflected in PYMNTS recent “How The World Does Digital” report...

Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank

After a tax filing season that saw a growing number of scams, the IRS and several partners from the private and public sectors said they’re going to work together to combat fraud. “We will do more to work closely together, share information faster, respond quickly to threats, and quickly...

IRS Targets ‘Ghost Preparers’ and Other Emerging Scams Aimed at Taxpayers

In this insightful clip of Market Mondays, hosts Ian Dunlap and Troy Millings welcome Jabari Johnson, a multifaceted entrepreneur and talent in the live event space. Jabari delves into the incredible power of relationships, sharing how pivotal connections have shaped his journey from the media side of the music industry to becoming a prominent figure in live events.

Booking Venues for Live Events and Collecting Customer Data

Amicorp Fund Services has appointed Clive Short as commercial director to strengthen its Luxembourg leadership team. Short has 20 years of experience in the industry and most recently was head of fund sales for EMEA at TMF Group. Previously he worked for Intertrust Group, Barings, Deutsche Bank and AXA Investment...

Amicorp hire Short as Commercial Director

Mastercard is all-in on blockchain. Earlier this week, the payments giant launched a debit card with MetaMask that allows holders to spend self-custodied tokens at any store or site where Mastercard is accepted (see: almost everywhere). “We’re opening up this crypto purchase power to our 100 million-plus acceptance locations,” Raj...

Mastercard Is Betting on Crypto—But Not Stablecoins

Gate Ventures and The Blockchain Center in Abu Dhabi announced the launch of Falcon Gate Ventures, a $100 million fund to invest in global blockchain innovation. Gate Ventures is the venture capital arm of Gate.io, and the Blockchain Center in Abu Dhabi is a brand new global hub for Web3 technologies.

Gate Ventures and The Blockchain Center in Abu Dhabi launch $100M Falcon Gate Ventures

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Sezzle kept up its post quarterly-report momentum, leaping more than 53% through the past five sessions. The recent Sezzle gains tack on to the 38% rally that came in the immediate wake of earnings.

FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside

Armenta joins Incenter Lender Services as its president of Lending-in-a-Box Ralph Armenta has joined Incenter Lender Services (Incenter) as President of Lending-in-a-Box. In his new role, Armenta is responsible for accelerating a variety of personal/non-mortgage and mortgage loan products into the market that quickly generates accretive revenues and liquidity for lenders, depositories, independent mortgage banks (IMBs), community banks, and credit unions, along with their servicing and subservicing partners.

Incenter Lender Services Adds Ralph Armenta To The Team

NewsBreak

Compliance Remains a Constant for Bank-FinTech Partnerships

Rapid innovation cycles can often outpace the ability of risk management frameworks to adapt. This is being made evident across the banking-as-a-service (BaaS) landscape, where the...

Compliance Remains a Constant for Bank-FinTech Partnerships

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