Blog
Notes on fintech, from the omwio team
Fintech news, industry context and practical guides, including what we build in this space and what it means for the people who run payment operations.
Articles: 13
Bank of America Taps 1,000 Contractors to Fix Flaws Found by Mythos
Bank of America is reportedly bringing in 1,000 contractors to patch issues uncovered by an internal review called Mythos, a sign of how costly large-scale remediation can get.
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Accounting & Reconciliation: The Operator's Books, and an Honest List of Breaks
A look at omwio's Accounting & reconciliation module: treasury by currency, a daily P&L that closes, a financial register, and statement matching that turns mismatches into resolvable breaks.
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Antifraud: Rules and Velocity Screening Before Processing
A new optional module screens transactions on the create path, before they reach a provider, using tenant-scoped velocity and pattern checks with operator-set thresholds.
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Bahrain's Central Bank Plans to Treble Its Technology Budget
Finextra reports that Bahrain's central bank intends to treble its technology budget. Here is what the limited report says and what it could mean for payment operators in the region.
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Building a Payment Platform In-House vs Using omwio
A look at what it takes to build a payment platform in-house versus using omwio's core and optional modules for merchants, routing, checkout and back office.
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How Payment Routing Picks a Provider for Each Transaction
How payment routing matches each transaction to a connected provider, and why the rules behind that choice affect approval outcomes and processing cost.
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Latvia Enters the EU Fintech Race: What It Could Mean for Payment Operations
Finextra reports that Latvia is entering the EU fintech race. Here's why jurisdiction competition inside the EU matters for merchants and payment operations teams.
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Mass Payouts: Batch Payouts With a Real Review Step
Omwio's mass payouts module validates payout batches as a unit, keeps review and release as separate permissions, and reports success and failure per item instead of one status.
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N26 Appoints a New Chief Financial Officer
Finextra reports that digital bank N26 has named a new chief financial officer. Here is what the appointment signals for the wider digital banking and payments industry.
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Payment Orchestration Layer vs a Full Payment Platform: What Still Needs Building
A look at what a generic multi-provider orchestration API gives an operator, and what is left to build around it, compared with an all-in-one platform like omwio.
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A Practical Guide to Handling Chargebacks for Merchants
How merchants can approach chargeback timelines, build solid evidence, and take steps to reduce future disputes.
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Single Payment Gateway vs. a Multi-Provider Payment Platform
What changes for merchants when routing, transactions, checkout, disputes, monitoring and reconciliation come from one platform instead of one gateway's dashboard.
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Why Merchants Keep Balances in Several Currencies
A guide for merchants on why multi-currency wallets matter, how to read balance history, and what reserves mean for available funds.
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