Category: Doing Business Overseas

Kevin Faragher, senior director of product and strategy at Ally Financial, is joining the speaker faculty at Bank Automation Summit Fall 2022 for the panel, “Automation to detect and stop fraudulent transactions,” on Monday, Sept. 19, at 11:45 a.m. PT. Bank Automation Summit Fall 2022 will take place at the Hyatt Olive 8 in Seattle…

Payment card issuer Corserv announced that it has been certified as Visa Ready, a seal of approval from the credit card giant for its payment-cards-as-a-service-APIs (PCaaSA) platform. Payment cards are prepaid debit and credit cards, and the PCaaSA is a flexible, multi-bank platform that stretches across such cards for all products. Corserv’s platform runs on…

Checkout.com is eliminating 5% of its staff, the latest in a series of job cuts that’s swept technology companies this year as investors pull back on funding. The company confirmed that it was reducing its workforce by about 100 people in a statement in response to Bloomberg questions on Tuesday. “This decision did not come…

First National Bank of Omaha (FNBO) has launched Bend by FNBO, a new credit card-as-a-service (CaaS) solution that allows companies to offer customized credit cards. Bend by FNBO runs on open APIs while offering customers the flexibility of an embeddable card, Marc Butterfield, senior vice president at $26 billion FNBO, told Bank Automation News. Bloomberg…

What should financial institutions consider when adopting citizen development? Michael Lehmbeck, chief technology officer at BankUnited, gives Bank Automation News a glimpse into what he will share with attendees of next week’s Bank Automation Summit panel discussion, “Facilitating citizen developers in banking,” on Tuesday, Sept. 20, at 11:15 a.m. PT, during this special edition episode…

Exciting things are happening in fintech right now, and we’re incredibly grateful to have so many of you joining us at FinovateFall this year to take it all in for yourself. There’s a lot to be excited about! As you may have heard, this year’s FinovateFall is officially our largest show yet, with more than…

It’s all about the data. One thing is clear: the business value of data continues to grow, making it a bank’s primary piece of intellectual property. Doron Pinhas, CTO, Continuity From a cyber risk perspective, attacks on data are the most prominent threat to banks. Regulators, cyber insurance firms and auditors are paying much closer…

With access to low code applications, anyone can build automations within a bank, but that doesn’t necessarily mean everyone should. Citizen development has been a pervasively discussed topic within the banking process automation space, given the linear focus of banks to scale automation programs.   Robotic process automation (RPA) is one of the industry’s most widely…

As we get into the swing of things after a beautiful Greek summer, I thought I’d touch on a topic that has been on my mind for some time now. Fifteen years ago, adtech was near and dear to my heart and today I will talk about how crypto may save the day in an…

Open finance API platform Belvo announced that it has received an investment from Citi Ventures to expand its footprint into Latin American countries. The amount of capital invested was not disclosed. Sao Paulo, Brazil-based Belvo has raised a total of $56 million over six funding rounds. The fintech’s collaboration with Citi Ventures will help facilitate…