While 70 percent of banking customers prefer to apply for an account online, and in growing numbers via mobile, only 20 percent of banks offer a mobile-optimized experience. Verifying photo IDs of potential customers stands as one of the biggest obstacles to providing this in-demand...
After noticing an increased “frequency and severity” in the number of hackers attempting to extort financial institutions, U.S. financial regulators have put out a serious warning to banks and credit unions to keep their networks protected from unauthorized access. Get the Full Story Complete the...
While retail executives are mostly background players, this week they’ve been oddly front and center. And two execs, in particular, made the rounds on social media and 24-hour cable news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Charged-off debts to third parties – sold-derogatory loans in credit speak – leave a huge black mark on the credit histories of consumers. But should they? VantageScore looked at 4.3 million consumers and said not so much.
Amazon and Payoneer announced yesterday (Nov. 4) that Amazon has chosen the online payments company to expand its cross-border payments option for sellers on its marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
MasterCard Labs’ first innovation event in Kenya has come away with some agricultural ideas. 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 daily newsletter, PYMNTS...
A battle, it seems, is brewing between some major banks (JPMC and Wells Fargo, so far) and a string of popular websites designed to help people better manage their money. Tired of competing and concerned about the security and efficiency of their servers, the banks...
The electronic payments and banking solutions company ACI Worldwide is buying eCommerce player PAY.ON in a deal worth roughly $200 million in cash and stock, the two companies said on Wednesday (Nov. 4). Get the Full Story Complete the form to unlock this article and...
Linking up with Top Image Systems, BNY Mellon is enhancing its receivables solutions. Here’s how the cloud can be a game changer for the firm.
