Author: hjenkins42

Marqeta announced a collaboration with fellow Finovate alum Klarna to power the company’s new payment card. The new card will enable Klarna customers to use the company’s Pay in 4 payment option in physical stores. This week’s partnership builds upon a relationship the two companies have enjoyed since 2018. A pair of Finovate alums have…

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Revisions to Calculations 1.1 ensure global utility The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability. The Calculations specification…

The energy industry is changing. A U.S. Energy Information Administration report found that solar and wind accounted for most new electricity capacity. With diminishing costs and increased demand, the solar and wind sectors are the future of energy. In the US, investment in renewable energy is expected to hit $1 trillion by 2023, up from…

Bruised but not broken, the cryptocurrency market has taken more than a few blows as the prices of leading digital assets – from Bitcoin to Ethereum – have declined significantly in recent months. This may have taken some of the steam out of many cryptocurrency ventures. But there is no sign that interest in cryptocurrencies…

Open banking platform TrueLayer is partnering with cross-border payments company Thunes. Thunes will integrate TrueLayer’s open banking technology into its platform, making open banking available as a payment method. TrueLayer helps 100,000 merchants across the U.K., Europe, and Australia power open banking payments experiences that connect payments, data, and identity. In the U.K., open banking is the…

Ken Meyer, Truist divisional chief information officer and experience officer for consumer technology, experience and innovation, has joined the speaker faculty of Bank Automation Summit Fall for the panel “Business Intelligence, CRM and Automation: How to Improve Customer and Employee Experience and Overall Efficiencies” on Tuesday, Sept. 20, at 9 a.m. PDT. Bank Automation Summit…

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Core provider Jack Henry is offering a way to ensure financial institutions can select vendors that align with their required levels of risk and compliance.  © Can Stock Photo / artursz The Vendor Management Program integrates into Jack Henry’s Governance, Risk and Compliance (GRC) Suite, and runs an automated risk assessment on banks’ external service…

Automated treasury payments solutions at Banc of California will be powered by Finexio, the companies announced last week. Finexio, an accounts payable fintech with previous buy-in from Mastercard and communications firm Nordis Technologies, received $1 million from Banc of California during a funding round. Now, Finexio will fuel embedded accounts payables processes the $9.6 billion…