For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to...
Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve mobile banking apps’ speed, security and ease of use. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. 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...
50 years on, ATMs are on the brink of full evolution beyond just existing as cash dispensers. Norbert Knievel, head of banking thought leadership at Diebold Nixdorf, tells Karen Webster that ATMs need to be embedded in the digital strategy of the bank, too, cementing loyalty...
JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local banks and increase the companies’ online presence, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in financial services enabled by open banking, the company said in a press release on Thursday (Sept. 5). Get the Full Story Complete the...
Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, according to a report. Get the Full Story Complete the form to unlock this article...
