Not all that long ago, FinTechs competed with banks — especially credit unions and smaller players — for the same set of customers and accounts....
The new administration is barely a month old, so it’s too soon to tell exactly what financial services regulation will look like. But with the...
The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Speaking...
Global payment service provider Ebanx secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers...
Scammers aren’t just throwing darts at a board anymore — they’re getting personal. A new Fraud and Financial Crimes report from PYMNTS Intelligence finds that...
A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...
As banking fraud unfolds, financial institutions (FIs) are challenged to protect customer data and provide pleasant customer experiences. The rise in credential theft has sparked...
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and...