Banking & Payments DECODED
Latest edition: 31 May 2024
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Latest news
The evolution of one-click payments - revolutionising sales dynamics
Customers don’t appreciate convenience and good service anymore. The profile of the average buyer has changed beyond recognition.
Stratos recruits Spain & Smith Wealth Advisors
Stratos Wealth Advisors (Stratos), a division of Stratos Wealth Holdings, has effectively integrated Spain & Smith of Pepper Pike, Ohio, into its platform.
CFPB launches inquiry into junk fees in mortgage closing costs
The Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into junk fees that are increasing mortgage closing costs. The CFPB wants to understand why closing costs are increasing, who is benefiting, and how costs for borrowers and lenders could be lowered.
Newgen launches LumYn
Newgen Software, global provider of low-code digital transformation platforms, has launched LumYn. According to Newgen, the growth intelligence platform is set to enhance profitability and significantly improve customer experiences for banks worldwide.
Ant Group, Mastercard, e-wallets partner to drive inbound tourism to China
Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organisations, have launched the International Consumer Friendly Zones program in Shanghai. The initiative expands the partnership aimed at enhancing the travel experience for global travelers and stimulate growth for local businesses.
Fintech Peloton Technologies launches self-serve currency exchange
Peloton Technologies, a Canadian fintech that brings end-to-end payments services to Canadian businesses, has launched Self-Serve Currency Exchange. It says the new capability allows businesses to independently manage currency exchange from their own devices, streamlining cross-border commerce.
Santander urges caution to football fans ahead of Euro 2024
Ahead of Euro 2024 kicking off, Santander UK is urging football fans to stay vigilant, as new data published shows football fans lost over £113,000 last year in ticket scams.
BNP Paribas names new executive members
BNP Paribas has appointed fresh hires within its executive committee and the company engagement department.
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