commercial payments

SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
October 16, 2024  |  Digital Banking

Digital financial services company SoFi says it has adopted its subsidiary Galileo’s cloud-based Cyberbank Core. This integration, announced Wednesday (Oct. 16), will power a variety...

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FTC Publishes Final Rule on Subscription and Membership Programs
FTC Publishes Final Rule on Subscription and Membership Programs
October 16, 2024  |  Regulation

The Federal Trade Commission (FTC) announced a final rule that will require sellers to make it as easy for consumers to cancel their subscriptions, memberships...

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Navigating AI Compliance: How Global Banks Balance Innovation and Regulation
Navigating AI Compliance: How Global Banks Balance Innovation and Regulation
October 16, 2024  |  artificial intelligence

This week in artificial intelligence regulation finds China, India and the global banking sector grappling with the need for comprehensive AI regulation as the influence...

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Visa and Analytic Partners Collaborate on AI-Powered Data Analytics
Visa and Analytic Partners Collaborate on AI-Powered Data Analytics
October 16, 2024  |  Partnerships

Visa and Analytic Partners have teamed up to provide artificial intelligence (AI)-powered data analytics designed to help merchants and brands optimize their marketing spend. This...

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Swift Adds New Tools to AI Fraud Prevention Offerings
Swift Adds New Tools to AI Fraud Prevention Offerings
October 16, 2024  |  Fraud Prevention

With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. The global messaging service announced Wednesday (Oct. 15) that it will begin offering this...

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Monzo Business Customer Base Exceeds 500K
Monzo Business Customer Base Exceeds 500K
October 16, 2024  |  Digital Banking

British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan...

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Cross-Border Payments Hope to Find Their Footing in Proof of Value Experiment
Cross-Border Payments Hope to Find Their Footing in Proof of Value Experiment
October 16, 2024  |  Cross-border Payments

As with any app, any payment, any interaction where money’s being sent and received, first impressions matter. Even for cross-border payments, where the customer-facing experience...

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Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
October 16, 2024  |  B2B Payments

The bench of B2B payment mechanisms is becoming deeper. From technologies like virtual cards and tokenization, real-time payments and beyond, businesses have a wide array...

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Amex: Delayed B2B Payments Can Redefine Supplier Relationships
Amex: Delayed B2B Payments Can Redefine Supplier Relationships
October 16, 2024  |  B2B Payments

Businesses should focus on growth, not payments. However, that’s not to say that payments aren’t one of the most integral elements in business growth. “Consumers...

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