As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and “robo advisors” has accelerated. Projects from Wells Fargo, JPMorgan Chase and RBS have all surfaced in recent years, as FIs deploy...
What does small business (SMB) lending look like? It depends on many factors, including one’s location. For example, alternative finance in the U.K. seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. Meanwhile, in the U.S., SMBs are too...
Late payments are on the rise in Eastern Europe, according to Atradius’ latest report on global debt collection practices — and late payments are being used as a form of financing. Elsewhere, in the United Kingdom, late payments are impacting healthcare.
Cryptocurrencies are gaining more attention for a less expected reason: industry players’ interest in working with regulators to smooth out uncertainty in the market. As this happens, crypto startups have landed new funding for their efforts to bridge businesses with related financial services, with backers...
Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds in losses — in just the first half of 2018. Elsewhere, the former CFO of Bankrate gets jail time for accounting...
The number of businesses with integrated enterprise risk management (ERM) programs, technologies and strategies is on the rise. Most businesses surveyed by RIMS in its 2017 ERM Benchmark Survey have either partially or fully integrated their ERM programs, and fewer firms say they have no...
Cybersecurity researchers are warning of a loophole in Apple device security that allows hackers to obtain corporate customers’ passwords to Wi-Fi and applications. Reports in Forbes said researchers at Duo Security revealed Thursday (Sept. 27) that Apple’s Device Enrollment Program (DEP) — a solution for corporate...
Artificial intelligence (AI) solutions provider Personetics is rolling out a new solution for financial institutions (FIs) that the company said could support customer retention and satisfaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Telecommunications conglomerate AT&T is diving into the world of enterprise blockchain with a new suite of services for corporates, a result of collaborations with Microsoft and IBM, the company announced this week. Get the Full Story Complete the form to unlock this article and enjoy...
