Earthport

PAYMENTS, FINTECH

PRnewswire | May 15, 2023

Today, Pinwheel, the market-leading provider of income and employment data engineered for next-generation fintech innovation, achieved Payment Card Industry Data Security Standard (PCI DSS) Level 2 compliance. The PCI DSS is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. To achieve PCI DSS Level 2 compliance, Pinwheel underwent a rigorous assessment carried out by A...

FINTECH

Credit Suisse | July 06, 2021

Credit Suisse will collaborate with Klara on new open banking alternatives. Both firms have been focusing on developing solutions and providing value for their corporate clients, such as seamlessly sharing payment information and online credit applications. According to the announcement, private clients of Credit Suisse will be able to begin digital payments through a one-time opt-in process as a result of the cooperation. These customers can then connect the...

Wells Fargo | January 14, 2020

The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...

Nacha | February 07, 2020

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies. Traditionally, the exchange of payment-related information has consisted of multiple bilateral agreements, which are costly to administer and often run manually, resulting in misdirected payments and opportunities for fraud. The new online platform will integrate technology, rules and participants to streamline the payments process, u...