January 17, 2024
JPMorgan Ups Cyber Defenses as Scam Attacks Rise
Banking giant JPMorgan Chase is not immune to the recent, global surge in cybercrime. Speaking at the World Economic Forum’s summit in Davos Switzerland, Mary Callahan Erdoes, head of the bank’s asset...
January 16, 2024
Why Digital-First Banking Does Not Mean Digital-Only
Digital banking has exploded in popularity in recent years, thanks in large part to younger users forming an ever-growing share of the total financial customer base. Studies indicate that 60%...
January 15, 2024
Attack Vectors 2024: Scaling Effective Cyber Hygiene Throughout Your Business
Most crimes, especially most cybercrimes, are crimes of opportunity. And faced with a proliferation of simple yet effective attacks from cybercriminals leveraging scalable tactics powered by innovations like generative artificial intelligence...
January 12, 2024
Partnerships Hold Sway as FinTech IPO Index Slips 1%
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest...
January 11, 2024
Credit Card Delinquencies Near Highest Level Since 2012
Credit card balances and delinquencies have been rising as consumer spending remains strong, but government support drops from pandemic levels. During the third quarter, large bank credit card nominal balances...
January 10, 2024
Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
Frameworks come, frameworks go — and frameworks are fluid. To that end, in a hearing scheduled for Wednesday afternoon (Jan. 10) before the Subcommittee on Digital Assets, Financial Technology and...
January 10, 2024
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on how you scale FinTechs and...
January 08, 2024
loanDepot Says Cybersecurity Incident Accessed Some Systems, Encrypted Data
Mortgage company loanDepot experienced a cybersecurity incident on Monday (Jan. 8). In a cyber incident update posted on its website on Monday at 6 a.m. ET and remaining there at 6 p.m. ET, loanDepot...
January 08, 2024
The Eight Pivotal Strategies for Payments and the Digital Economy...
One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI becomes a feature, and everything...
