Aspiration, the online bank launched by a former speech writer for President Bill Clinton, has raised $47 million in Series B funding from a variety of celebrities and celebrity investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a world where attacks on computers are nearly de rigueur at this point, it isn’t much of a surprise that U.S. banks have begun quietly doomsday-prepping for a successful apocalyptic attack on their computers by hackers. The goal is to head off a run...
In bizarre banking news, the Boston Police Department announced it had arrested a bank robbery suspect who was hiding in a port-a-potty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The motto for banks turning to artificial intelligence (AI) and machine learning to foil fraud is "Work smarter, not harder." In the latest PYMNTS Digital Banking Tracker, a Feedzai collaboration, Shazia Manus, chief product and strategy officer of CO-OP Financial Services, explains why smart is...
India-based Paytm Payments Bank not only wants to become the world’s largest digital bank, but also to evolve into a financial services company providing a slew of services like wealth management and trading. Get the Full Story Complete the form to unlock this article and...
The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from stealing customers and profits, but in reality, it could be a big overstatement. Get the Full Story Complete the form...
Fraudsters launching forays against financial institutions (FIs) is a tale as old as, well, financial institutions. For the honest banker, there’s a constant need to upgrade defenses and proactively fend off attacks. Get the Full Story Complete the form to unlock this article and enjoy...
The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European Union members. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While 2017 was supposed to be a banner year for financial institutions, loan growth at banks is slowing in a way that banks can’t quite explain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
