Banking & Payments DECODED
Latest edition: 15 May 2024
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Latest news
Temenos launches Temenos Positions
In a move aiming to redefine banking operations, Temenos has launched its latest innovation: Temenos Positions.
CFPB distributes $384m to 191,000 victims of Think Finance's illegal lending practices
The Consumer Financial Protection Bureau (CFPB) has distributed more than $384m to about 191,000 consumers harmed by Think Finance. The Texas-based online lender deceived borrowers into repaying loans they did not owe. The CFPB distributed the money through its victims relief fund.
Citi enhances the Citi Premier Card with new benefits
Citi has announced the Citi Strata Premier Card, an enhancement of the existing Citi Premier Card. It now offers increased benefits and more opportunities to earn ThankYou Points with the same $95 annual fee and Mastercard as the payments network.
Netherlands card payments market to reach $288bn in 2028, forecasts GlobalData
The Netherlands card payments market is forecast to grow at a compound annual growth rate (CAGR) of 6.3% between 2024 and 2028 to reach €266bn ($287.6bn) in 2028, supported by the constant consumer shift towards electronic payments, according to GlobalData, publishers of EPI.
Uniken releases Palm Vein Authentication
Uniken has announced the release of Palm Vein Authentication for in-branch, rural and inclusive banking on its REL-ID platform.
Sustainable Finance Summit & Awards 2024
In a renewed focus on pivotal aspects such as transition finance, financing green assets, and the role of emerging technologies, the Sustainable Finance Summit & Awards 2024 is set to make a significant step forward this year.
Six steps to protecting data in financial services companies
With cyber breaches on the rise, Alasdair Anderson provides a roadmap for financial services companies to enhance their data protection strategies and mitigate cyber risks while ensuring compliance with regulatory requirements.
bunq makes its GenAI assistant Finn fully conversational
bunq, the second largest neobank in Europe, has upgraded its user-facing AI assistant, Finn, my making it fully conversational. The challenger has also rolled out its worldwide one-time activation travel insurance, in partnership with embedded insurance provider, Qover.
Vontobel launches client-backed Swiss equity fund
Vontobel has launched a fund that offers investors broad-based access to a high-income Swiss equity strategy by combining Vontobel Swiss dividend and covered call concepts.
In our previous edition
Banking & Payments Decoded
14 May 2024
Banking & Payments Decoded
Economy and cybersecurity top concerns for the banking sector—just ask JPMorgan Chase
13 May 2024
Banking & Payments Decoded
10 May 2024
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