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Payments & Fintech
Payments volume, fraud, open banking and fintech's data plays.
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Latest in Payments & Fintech
Cost-of-living drives more households to access pay early
5+ hour, 1+ min ago (45+ words) The cost-of-living squeeze is driving more and more households to tap into their pay early by using wage advance services. September 20, 2026 — 6:56pm...
Card companies are on a ‘land grab’ to set the standards for AI shopping, even as consumers aren’t yet comfortable handing over purchases to a bot
1+ day, 14+ hour ago (66+ words) Cardholders can set spending limits, but just 7% of surveyed fashion shoppers would let AI make purchases without approval....
Why your order system and your payment provider disagree
14+ hour, 51+ min ago (460+ words) I've watched this in banking, in healthcare, in gaming and in public administration. Every team was sure their situation was unusual. It never was. There are four ways this goes wrong, they look the same from a distance, and each…...
Your Business Has More Data Than It Has Answers
16+ hour, 24+ min ago (265+ words) There was a time when businesses struggled to get information. How many customers? How many sales? Which product sold the most? Which salesperson …...
Giving working capital the attention it deserves
22+ hour, 48+ min ago (823+ words) Typically, a working capital cycle or operating cycle looks like this. Cash > raw materials + labour > finished goods > receivables from customers > cash A business that churns its cash through more cycles in a year is considered efficient, because each cycle gives…...
Plaid Taps ID.me to Help Government Agencies Verify Financial Beneficiaries and their Accounts
1+ day, 17+ hour ago (346+ words) Finovate Tracking fintech, banking & financial services innovations since 1994 - Plaid and ID.me are teaming up to help US government agencies verify both benefit recipients’ identities and ownership of the financial accounts receiving payments. - The partnership combines identity and account verification into…...
Banks are falling behind on payment speed, cost
1+ day, 15+ hour ago (1005+ words) Consumers are frustrated by the fragmented peer-to-peer, or P2P, payment landscape, according to a survey by American Banker's Market Intelligence team. Seventy five percent of respondents want payment apps to work seamlessly together, while 57% maintain multiple apps just to reach different…...
ICYMI: Chairman Scott Champions Credit Unions’ Mission and Role in the American Dream | United States Committee on Banking, Housing, and Urban Affairs
1+ day, 20+ hour ago (302+ words) On his personal experience with credit unions: “I was a poor kid in a single-parent household that found my way to the American Dream. And I think part of it was because I experienced walking into a credit union and…...
Service disruptions impact credit unions across Texas Panhandle, multiple states
1+ day, 14+ hour ago (356+ words) AMARILLO, Texas (KFDA) - Credit union customers in the Texas Panhandle and across multiple states are experiencing service interruptions. Santa Fe Federal Credit Union confirmed it is among those affected and said the disruptions are connected to a widespread third-party service…...
Insurance Fraud Costs $45 Billion per Year, and Honest Policyholders Often Pick Up the Tab | Insurify
1+ day, 15+ hour ago (589+ words) The analysis estimates the cost of inaccurate information and fraud at $31.6 billion annually for auto insurance and another $13.7 billion for homeowners insurance. And those losses don’t necessarily stay on insurers’ balance sheets. Instead, insurers can account for expected fraud and…...