Last summer Google unveiled GA4, a new analytics platform that means the discontinuation of Universal Analytics (UA)—the previous Google analytics tool used by businesses worldwide. UA has already officially stopped processing new data on all websites, but as of July 1st, 2024, businesses will face complete loss of access to the interface and API. This […]
[Upcoming: June 5th] Instant Payments Orchestration: An Essential Tool Now for Lending and Factoring
In today’s on-demand economy, instant payments are moving from a nice-to-have to a must-have. In the small business space, in particular, you are often dealing with people who need their money immediately. Whether it is to pay a supplier for a big new contract or to fix a broken machine, small business owners don’t have […]
¿Sabía que más de 60 economías a nivel mundial ya han adoptado estos revolucionarios sistemas? ¡Latinoamérica no se queda atrás! Desde el exitoso PIX en Brasil hasta el innovador CoDi en México y el eficiente SIMPE en Costa Rica, la región está experimentando una transformación sin precedentes en la forma en que hacemos transacciones. No […]
We learned back in February that Klarna’s AI chatbot was doing the work of 700 people. Today, Klarna is reporting about its employee’s internal use of AI. It’s internal AI assistant, named Kiki, is answering 2,000 employee questions a day and over 87% of its employees are now using it. Kiki helps manage and distribute internal knowledge and guarantees […]
A new Financial Health Network study released last month shows a circular relationship between mental and financial health. While it is well-known that mental health challenges lead to financial issues, financial issues often produce additional mental health concerns. Vice president of policy and research Angela Fontes said the past 15 years have been tough on […]
Chime is getting into the earned wage access business. The leading digital bank announced yesterday that it is launching MyPay, a new earned wage access service that will allow customers to access up to $500 of their paycheck before payday. There are no mandatory fees but if a customer wants to receive the money instantly they will […]
Los canales digitales se han convertido en el principal objetivo de fraude para empresas minoristas y financieras en América Latina, según un reciente estudio solicitado for LexisNexis, revelando el costo no deseado del fenomenal y rápido proceso de digitalización que están experimentando las principales economías de la región. Según el estudio, que contó con una […]
Over the past few years, many issues have surfaced in the banking and fintech sectors due to the growing complexity of financial crimes. This has resulted in fines for non-compliance, and AML violations doubled in value, reflecting the severity of the regulatory response. The main problems in 2023 were not reporting suspicious activity, lacking proper […]
Visa is hosting its annual Visa Payments Forum in San Francisco this week, and yesterday, there were some major announcements. Some are calling this the biggest thing in card payments since the card chip. Here is a breakdown of the major announcements: Passkeys – confirm a consumer’s identity and authorize online payments with a fingerprint or […]