It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because fashioning new payments initiatives must mean paying attention to the small details and approaching it...
Plaid introduced its Plaid Deposit Switch beta product, which lets users set up or modify the destination of their paychecks. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding, according to a Thursday (Jan. 28)...
In today’s top digital-first banking news, LoanDepot will be seeking up to $315 million in its initial public offering (IPO), while Jack Henry & Associates is branching out with a new line of business named Jack Henry Consumer Loans. Plus, financial services firm Stilt has...
PYMNTS recently reported Federal Trade Commission (FTC) figures finding, “More than 200,000 Americans were scammed out of $145 million relating to the pandemic since the beginning of 2020.” It’s one of many such warning to come from FinCEN and other financial watchdogs as the digital-first...
The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top digital-first banking news, JPMorgan Chase plans to roll out a digital bank in the United Kingdom, while The Clearing House (TCH) has introduced a new data sharing evaluation for data aggregators and financial apps. Plus, Albert has raised $100 million in a...
JPMorgan Chase plans to roll out a digital retail bank in the United Kingdom, which will have offerings and functionalities designed to meet the requirements of British customers through a mobile app, according to a Wednesday (Jan. 27) announcement. Get the Full Story Complete the...
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Digital-first banks are used to fending off external threats like data breaches and botnet attacks, but their cybersecurity measures can fall short of protecting against internal threats like phishing schemes. In the Digital-First Banking Tracker, Bala Nibhanupudi, chief technical officer at First Bank, discusses why...
