Paylink’s Post

OBL's CEO Henk Van Hulle spoke on a thought-provoking panel at Money 20/20 yesterday with ✯ Helen Child ✯ and Ashwin Vasan. Henk reiterated the need to put consumers and SMEs at the heart of open banking and open finance. He added that 60 jurisdictions have adopted the UK's open banking blueprint, and that cross-border interoperability is key to continue to deliver the benefits for users internationally. #openbanking #openfinance Money20/20

Just a consideration for inclusivity - have more choices to prevent complete shutdown. If your business goes cashless, what happens on a day like today (19/7/2024)? As a global IT outage brings down banking, travel and retail payment systems across the world, this is all brought into sharp focus.

After switching away from the Co-opbank (they withdrew reward payments 🤷🏼♂️), I got this letter. If I want the last 5 years of transaction data, I have to write to the bank, presumably to receive the data on paper. As good as losing the data for me. If the open banking data remedy was supposed to do anything, it was to fix things like this. Losing transaction history is a reason for people not to switch. I hope the push for #openfinance can also fill the evident gaps in open banking. Competition and Markets Authority Financial Conduct Authority Open Banking Centre for Finance, Innovation and Technology (CFIT) #openbanking #openfinance

🌟 A Warm Welcome to Seaport Federal Credit Union into the AOne ATM Family! With immense pleasure, we announce Seaport Federal Credit Union as the latest member of the AOne ATM family! This alliance represents a pivotal step forward in our mission to broaden our network and refine our offerings, ensuring unmatched service quality for our clients. What Sets AOne ATM Apart? At AOne ATM, our ethos is centered around providing an all-encompassing, turnkey ATM solution that mimics a full-service branch - from ATM operations to targeted marketing and seamless connectivity. Full-Scale ATM Management: We take the reins of the entire operational spectrum, promising Seaport Federal Credit Union members and their SEG employees an impeccable ATM service experience free of hassles and inefficiencies. Marketing at the ATM: Transforming ATMs into dynamic 24/7 marketing kiosks, we deploy innovative marketing strategies tailored to location specifics. This approach not only enhances service offerings but also empowers non-members with the opportunity to join the Seaport family while existing members can explore new account options and complete document signings. MiniBranch Connection: Our collaboration with MiniBranch redefines convenience, bringing a full-service branch to your fingertips. This integration ensures Seaport Federal Credit Union members, and prospective members alike, can enjoy face-to-face interactions and a wide array of services, mirroring the physical branch experience, anywhere, anytime. This partnership with Seaport Federal Credit Union transcends conventional ATM services; it's a leap towards reimagining banking convenience, accessibility, and engagement for members and future members alike. We are buoyed by the promise this partnership holds and eagerly anticipate a future rich with innovation, growth, and shared success. Welcome to the family, Seaport Federal Credit Union! 🚀 #AOneATM #PartnershipExcellence #CreditUnionGrowth #InnovativeBanking #FutureOfFinance #MiniBranch #BranchoftheFuture Request More Information- https://lnkd.in/g5QdiuYB

Why settle for generic when you can have solutions built just for you? ICBA Payments delivers exclusively for community banks, with tech and tools designed to help you thrive in a rapidly changing world. We understand your needs because we live community banking every day. Let’s transform your payments strategy. 👉 Discover more: icba.org/payments #CommunityBanking #BankingInnovation

Thrilled to be part of the Credit Union Technology 2024 Forum in Québec City, October 1st - 3rd! As credit unions adapt to trends like open banking, real-time payments, and data-driven personalization, the role of technology becomes more critical than ever. Technology is the driving force behind more agile, secure, and member-focused services. At Persistent Systems, we are helping credit unions modernize their tech infrastructure, integrate intelligent solutions, and enhance member experiences to stay ahead in this evolving landscape. Let’s connect at the forum and explore how we can transform the future of credit unions together! #CreditUnionTech2024 #BFSI #CreditUnions #DigitalInnovation #Transformation #OpenBanking #RealTimePayments #PersistentSystems

Will the #2024Budget help #VulnerableCustomers or allow more to slip gradually into some form of #inflation driven #poverty? Whatever the politics #HopeMacy is proud to help targeted public sector and commercial consumer support efforts through best use of #openbanking #creditdata

Are you ready to advance your payment services and meet the evolving needs of your members?   Dive into a fascinating discussion with Keith Riddle as he shares his dedication to guiding credit unions through the intricacies of today’s payment ecosystem. Discover how PayFinia's (Tyfone, Inc.) platform offers a comprehensive, inclusive solution that supports credit unions at every stage of their payments modernization journey.   Learn from the success story of Star One Credit Union, which showcases how PayFinia enhances the member experience with instant and flexible money movement capabilities. This innovative approach not only streamlines transactions but also ensures credit unions remain competitive in the face of larger financial entities.   Tune in to uncover how PayFinia's consultative approach and open framework cater to a variety of payment use cases, eliminating the reliance on multiple providers and transforming payment processes to align with member expectations. Listen now! https://lnkd.in/guJSaZMu   #CreditUnionPayments #FinancialInnovation

As Don Singer said – see you next week at ETA Transact and look for Elvis at Booth #1248! Don is the CEO of Payments at Commercial Bank of California (CBC). He oversees our collective payments businesses and has used his 30 years of experience to take both VCI and CBC Payments to new heights. Don truly believes having a strong human element is our difference maker, and has fostered an incredible culture of fun, support and success that trickles into our partner relationships. CBC is a privately owned bank built around the payments landscape and because of that foundation, they’re able to bring new technology to partners and clients without putting them at risk. This is what makes CBC the sponsor bank and ODFI backbone for so many fintech companies. CBC Payments can offer:  ✔️ Robust bankcard experience with flexible pricing ✔️ HBR card acceptance ✔️ Unique BINS and ICAs ✔️ Delegated Authority for merchant account approvals ✔️ Late merchant funding times, including weekends ✔️ ACH processing solutions If you're going to #ETATransact, make sure to spot by and chat with Don (and Elvis!) #banksponsor Electronic Transactions Association #payments #paymentsinnovation #paymentssolutions #achpayments #achprocessing #tradeshow #bestteam #partnerships #fintech

PB FINTECH LIMITED has announced its financial results for Q3 FY 2023-24, and the numbers look promising! The company turned profitable on a consolidated basis with a net profit of ₹37 Cr. The credit business is now at an annualized run rate of ₹14k Cr credit disbursal, and about 5.6L credit cards were issued annually. The protection segment saw an accelerated growth of 44% YoY, and the new initiatives segment, including the insurance distribution platform PB Partners, recorded operating revenue at ₹278 CR, up by 50%. We are thrilled with how our consistent efforts have paid off, and we look forward to building on this success in the future. Policybazaar.com PBPartners Paisabazaar #PBfintech #financialresults #Q3FY24 #creditbusiness #protectionsegment #newinitiatives #insurancepremium #policybazaar