Sections
FI
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2.7KInnovationWhy FIs’ Top Performers Let Others Take The Lead In 2018
Top Performing financial institutions (FIs) understand that success may not always be about speed, but timing is often paramount. In fact, they make...
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2.9KAMLDeep Dive: An Automated Approach To The $2T Global Money Laundering Problem
The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally...
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3.0KCredit UnionsHow CUs’ Security Approaches Have Become A Top Selling Point
Major data breaches put consumers on edge in 2018, bolstering concerns about their financial information’s security. In fact, 53 percent of...
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3.9KFaster PaymentsDeep Dive: Security In The Time Of Faster Payments
When credit cards first debuted in 1920s America,they brought with them myriad benefits. Consumers no longer had to carry hard currencies, and...
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5.9KInnovationDeutsche Bank: How To Make FI/FinTech Partnerships Work
David Watson of Deutsche Bank contributed the following piece as part of PYMNTS’ Masterclass series, where participants in the world of payments...
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5.5KInnovationBridging Banking Gaps For Cannabis Companies
More banks than ever are providing services to the cannabis industry, but a banking gap remains as cash still is king. Green...
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6.5KB2B PaymentsCredit Unions Jump On The FI-FinTech Collaboration Train
One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB)...
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4.7KBankingUK Retail Banks Draft FinTech Alliance Guidelines
Top U.K. banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech...
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5.9KArtificial IntelligenceNEW REPORT: Buzz Vs Reality — Measuring The AI Gap In Payments And Banking
Let’s play buzzword bingo: “AI” is so abuzz right now, it’s positively ablaze. However, does its usage live up to the label...
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3.1KBankingLender Investors Bancorp Considers A Sale
Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street...
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4.3KIPOThinking ‘Differently’ Than Ant, Pintec Makes Its Post-IPO Plans
Pintec Technology Holdings Limited may not be a household name in the U.S., but it ended last week with a some very...
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2.9KB2B PaymentsSWIFT Weighs In On State Of APIs For FIs In Global Economy
In a recent white paper, SWIFT weighs in on how FIs are catching up in the API arena — and how a...
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6.7KSecurity & FraudBanks Turn To 3D Secure 2.0 To Fight Fraud
As fraudsters continue to chip away at profits and threaten firms’ financial stability, security providers and banks alike are investing in solutions...
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6.8KSecurity & FraudTRENDING: Why Preventing Bank Cyberattacks Is Only Half The Omni Security Battle
Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion...
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6.7KB2B PaymentsFDIC Says Banks’ SMB Lending May Be Significantly Underestimated
A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. The FDIC spoke...
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6.4KFaster PaymentsTRENDING: Minor League Baseball, Jumbo Shrimp And A Payments Payroll Changeup
As faster payment schemes emerge and expand, financial institutions (FIs) and businesses uncertain about real-time payments need to know what the developments...
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4.6KDigital PaymentsLatin American FinTech Payment ‘Recipes’
Want to understand payments innovation in Latin America? First, let’s talk about ingredients — as in food. Imagine a shopping bag full...
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7.8KSecurity & FraudDeep Dive: Fighting Fraud With AI And Machine Learning
In the inaugural Digital Fraud Tracker, PYMNTS takes a deep dive into the world of cybercrime, exploring the latest attack methods employed...
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3.9KSecurity & FraudHow Ally Balances Convenience And Risk
For digital-only banks, offering convenience and maintaining top-notch security is a delicate balance. One technique, according to Anand Talwar, deposits executive for...
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6.6KSecurity & FraudTRENDING: Solving Banking’s Security-Convenience Conundrum
Call it a Sophie’s Choice for the modern banking industry. Should banks and financial institutions (FIs) focus more on giving consumers the...
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4.4KCredit UnionsNEW REPORT: For UN Workers, A Credit Union Crosses Borders
Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to...
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9.2KMobile PaymentsAlipay Has 700M Active Users
Eric Jing, Ant Financial’s executive chairman and CEO, revealed that Alipay now has over 700 million annual active users — an increase...
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5.6KBankingMassachusetts Credit Union Gets Into Cannabis Banking
A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. GFA...
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3.3KFaster PaymentsChoosing The Direct Connection For Faster Payments Access
For FIs, offering faster payments can be a game changer. However, enabling them isn’t always simple — FIs must choose whether to...
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6.3KFaster PaymentsTRENDING: Challenger Bank Finds Instant Rewards In Faster Payments
Around the globe, new payment schemes are on the rise. In the Eurozone, the Eurosystem’s new process for settling instant payments is...
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4.0KB2B PaymentsFinTech/FI Collaborations In Mexico And Beyond
There are any number of government initiatives pairing FinTech with traditional FIs, and now Mexico joins the roster with renewed focus. Only...
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3.3KB2B PaymentsThomson Reuters Steps Into Mobile SMB Accounting
Thomson Reuters is stepping into the world of mobile small business accounting with the launch of a new app, OnBalance Express. Announced...
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5.7KInternationalWhy Belgium Can Be A Good ‘Test Market’ For FinTech Firms
Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number...
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22.6KInnovationMoving Past The Myths Of Payments Innovation
All you need is a hot idea and some funding. All you have to do is listen to what consumers say they...
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3.8KB2B PaymentsWhat B2B Payments Providers Get Right — And What Still Needs Work
B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if...
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2.4KCredit UnionsNavy Federal Deploys Financial Literacy To The Front Lines
Frequent deployments and transfers can leave many military families dependent on a single income source. A lack of financial education can leave...
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7.3KCredit UnionsNEW REPORT: How Navy Federal Keeps Service Members’ Finances In Shipshape
In military life, alliances often provide key support to those on the front lines, helping them stay safe and be prepared for...
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6.0KSecurity & FraudFBI Warns Banks About Widescale ATM Cash-Out Scam
The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global...
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11.0KMobile CommerceThe Coming Consolidation Of Marketplaces
The tremendous push toward marketplaces and commerce platforms over the last several years really comes down to capturing a single moment in...
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4.9KBankingEntersekt Finds Trust Can Help Banks Get Ahead In Mobile FinTech
As mobile commerce and apps become more sophisticated (cooler, perhaps), it can be easy to look down on the contribution of banks...
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4.0KInnovationFor FI Innovation In LatAm, Think VC, Not PE
A little tech goes a long way, in getting banking customers to make the switch from paper to digital. But loyalty can...
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4.6KBankingPutting B2B Payments In Context For Corporate Treasurers
Execution is competitive advantage in corporate payments. Data is the key to execution, where context matters, too. IGTB EVP Michel Jacobs tells...
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6.8KSecurity & FraudBattling Synthetic ID Fraud, Clearing Up FI Blind Spots
Even children aren’t safe from the perils of synthetic identity fraud. Bad guys know how to link far flung data points, create...
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2.8KAPICiti On Pursuing A Solution-First API Strategy
In the financial services space, it’s disrupt or be disrupted. For FIs, this means owning the disruption by developing and deploying their...
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3.9KB2B PaymentsMastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks
Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business...
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2.3KB2B PaymentsWith FinTech Pacts, FIs Take Aim At SMBs, Customer Service
This past week might have been termed small business (SMB) week, if FinTech and financial institution (FI) announcements were any indication. U.S....
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3.2KB2B PaymentsWestpac Ends Prospa Collaboration After IPO Postponement
Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac, announced it...
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3.3KDigital BankingHow To Make KYC Dynamic And Across Silos
FIs have to grapple with finTech upstarts, KYC mandates and eliminating “false positive” transactions, along with friction for the consumer. Breaking down...
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3.4KB2B PaymentsEmbracing The Cloud With FIs’ Corporate Clientele On The Line
Banks have always turned to third-party FinTechs to integrate add-on services for their customers. As interest in corporate financial services heats up,...
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10.2KInnovationFiserv Launches Real-Time Alerts
FinTech Fiserv said on Thursday (June 23) that it has launched a platform geared toward real-time alerts, moving from financial institutions to...
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Regulation
Banks Drive Terrorist Financing Underground
In a catch-22 that has real-life consequences, as outlined by The Wall Street Journal on Thursday (March 31), banks in the United States have...
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1.3KB2B PaymentsDiebold’s Business to FI Innovations
By Jeffrey Green (@epaymentsguy) Diebold Inc., which recently launched various innovative ATM and branch-automation products, last month hit the road with a...
