Commerzbank, Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour’s international trade finance network, while J.P. Morgan has named a leader of liquidity solutions and escrow. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income...
In its March 2020 brief “Developments in Open Banking and APIs: Where Does the U.S. Stand?”, the Federal Reserve Bank of Boston said, “To date, U.S. regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way...
If data is the oil that brings change to financial services, the pipelines are increasingly under scrutiny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Plus, Bloomberg clients will now have the capacity to use the company’s terminal to look...
In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Plus, Surecomp has introduced financial crime solution...
Digital payments are, in a way, overwriting legacy systems with new “code” for these connected, touchless times. It’s what the people want, but transformation introduces complexity that must be well-managed. Systems choices and related variables help determine that success. Get the Full Story Complete the...
In today’s top news in digital-first banking, Mastercard has unveiled its artificial intelligence (AI)-powered Cyber Secure tool suite, while Radius Bank has advanced in its relationship with application programming interface (API) company Treasury Prime with the launch of its Commercial API Banking Program and sandbox....
In today’s top news in digital-first banking, credit union service organization (CUSO) PSCU is teaming with FICO Customer Communications Services on a fraud alert tool, while Canada-based BMO is launching a new support system for the country’s small companies. Plus, Coinbase is opening up a waitlist...
