The rise of open banking is evolving banks as we know it. Instead of traditional banks keeping consumer financial data solely within their closed systems, banks and third-party service providers can now share it through application programming interfaces (APIs). When it comes to consumer payouts,...
As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and enable use cases ranging from loyalty, employee rewards, rebates, remittances and refunds. But according to Aron Alexander, CEO and founder...
Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. That’s according to a report Saturday (Nov. 12) by the Wall Street Journal, which cites records from the Better...
For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when those end-users exist across a range of markets with differing levels of digitization and varying degrees of regulation, scaling can...
October 13, 2023
The rise of open banking is evolving banks as we know it. Instead of traditional banks keeping consumer financial data solely within their closed systems, banks and third-party service providers can now share it through application programming interfaces (APIs). When it comes to consumer payouts, open banking connectivity is a significant development, as it allows […]
November 22, 2022
As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and enable use cases ranging from...
August 13, 2020
U.S. consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost 50 percent when talking about...
July 27, 2020
Banks missed out on the first big wave of digital payments, but they don’t have to miss out on the next, Ingo Money CEO Drew Edwards told Karen Webster in...
November 13, 2022
Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. That’s according to a report Saturday (Nov. 12) by the Wall Street Journal, which cites records from the Better Business Bureau for complaints against DraftKings, FanDuel and BetMGM. Many of […]
