Search results for "financial services"

May 13, 2024
Report: Cyber Threats Growing at 90% of Companies

For American businesses, the threat of cyberattacks continues to grow. Ninety percent of companies say their cybersecurity risks increased in the last year, according to a survey of compliance professionals published Monday (May...


May 13, 2024
Solana Foundation Goes All In on Blockchain as a Mainstream...

The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly...


May 13, 2024
MoneyLion: On a Mission to Become the Expedia of Financial...

It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company was a neobank struggling under...


May 12, 2024
Amazon Plans to Invest $1.29 Billion in French Tech Projects

Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. The eCommerce giant is one of several global companies poised to announce new foreign investments in...


May 10, 2024
Instant B2B Payments Reshape Buyer-Supplier Dynamics

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by both its antiquated status quo...


May 10, 2024
US House to Vote on Crypto Bill

A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it...


May 10, 2024
New York City Dreams of Being Silicon Valley

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. The metropolis, long known for its towering skyscrapers and fast-paced...


May 10, 2024
IBM Launches Service to Help Enterprises Add GenAI Copilots

IBM has introduced a new service that will help enterprises integrate generative artificial intelligence (AI) copilots into their organizations. Offered by IBM Consulting, the new IBM Copilot Runway will assist enterprises with creating, customizing, deploying...


May 10, 2024
Co-Branded Credit Card Holders Seek Perks From Retailers

Among consumers turning to co-branded credit cards to maximize their rewards, the lion’s share want these perks from their favorite retailers, PYMNTS Intelligence research shows. By the Numbers The recent...


Generative AI Tracker®: Banking on AI: Financial Services Sector Harnesses Generative AI for Security and Service

GenAI is rapidly gaining traction in the financial services sector, but executives worry about the risk of spreading financial misinformation and exposing sensitive data to security breaches. The latest “Generative AI Tracker®,” a collaboration with AI-ID, examines what experts and bankers say is needed to get bankers over the hump.

Credit Unions and Community Banks Gain Credit Card Issuing Momentum
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look The share of consumers whose primary credit card is with a national bank has fallen from 76% in 2020 to 68% in 2023. PYMNTS Intelligence’s latest study of 2,088 consumers, “Credit Unions and Community Banks Gain Credit Card Issuing Momentum,” a PYMNTS Intelligence and Elan Credit Card, reveals how smaller FIs can position themselves to take a share of national banks’ cardholders by offering key features.