Category: Doing Business Overseas

American Express and Billtrust announced a partnership that will leverage automation to enhance acceptance of AMEX virtual cards. The collaboration is designed to meet the accounts receivable (AR) needs of suppliers who are experiencing faster payments and increased cash flow. A Finovate alum since 2015, American Express recently partnered with i2c to help fintechs and…

The convergence between the complexities of property management and property taxation has produced more than its fair share of headaches for commercial and residential property owners alike. Fortunately, fintech innovation in the form of Ownwell exists to help these property owners save money when it comes to paying property taxes. “Property owners have a lot…

Digital payments and loan originations are driving revenue transformation for NCR Corp., which is known originally as a provider of automatic teller machine (ATM) and point-of-sale hardware, as the company advances its software-as-a-service (SaaS) migration plans. For the first quarter, Atlanta-based NCR’s payments and network revenue skyrocketed nearly 1,260% year over year to $299 million…

The level of security and service that cloud infrastructures provide makes it an inevitable technology for banks and financial institutions. Questions around operational control and security capacity dominated the cloud conversation prior to the pandemic, but the ensuing upheaval caused many banks to reexamine their processes, Narendra Mistry, chief product officer, international digital banking at…

Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank has been working with Deloitte to refine the tool, called “Ethics Assistant,” since last year, but only recently made its use public knowledge. The solution is built on top of a Deloitte tool currently in…

This year started with a considerable bang for open banking.  In light of this, Nikita Septucha, vice president of technical sales and implementations, Token, shares his thoughts on how to take open banking connectivity to a deeper level.  The Open Banking Implementation Entity (OBIE) announced there are now more than five million users of Open Banking-enabled…

Apple Inc. was hit by a formal antitrust complaint from the European Union over how it handles iPhone payment services, an area where regulators say the tech giant favors its own technology over rival platforms. A sticker advertises Apple Pay as an accepted payment method at a restaurant in Norwich, U.K. Photographer: Chris Ratcliffe/Bloomberg The…

The crypto hype train that began a few years ago continues to prove disbelievers wrong, as coins that have been around for years are now seeing huge increases in searches. Examining the search frequencies in over 170 countries using Google Trends, CasinoScores, the casino experts, has revealed which cryptos are the most up and coming…

SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making it crucial for auto lenders to rely on the right data for their decisioning, Chase Auto Chief Risk Officer Ajit Nalla, said Tuesday during a fireside chat at the Auto Finance Risk Summit. “It’s important to have the best…

Plaid, a global open finance data network and payments platform, has announced an expansion of its Payment Partner Ecosystem to include three new European partnerships – Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can leverage open banking in order to improve operations and lower costs. Through these partnerships, Plaid embeds its…