FI

90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
December 06, 2023  |  Fraud Prevention

Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent...

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Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
November 28, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can...

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Alkami Offers Banking Clients Plaid API Access
Alkami Offers Banking Clients Plaid API Access
November 12, 2023  |  B2B Payments

Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from...

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BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
September 28, 2023  |  Digital Banking

Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged...

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Fiserv Teams With Akoya on Data Sharing
Fiserv Teams With Akoya on Data Sharing
August 24, 2023  |  Data

Consumer-permissioned data — as a concept — is nothing new in financial services. Look back across the past few decades, Jamie DelMedico, vice president and...

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What Card-Linked Offers Have Been Missing
What Card-Linked Offers Have Been Missing
July 28, 2023  |  Data

Eric Dean, head of platform partnerships at Banyan, told PYMNTS that flexibility must govern marketing programs as merchants and financial institutions (FIs) seek to streamline...

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Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
June 27, 2023  |  Security & Fraud

Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and...

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Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023  |  Banking

Overdraft fees have been a hot button issue in financial services.  But they’re less of a revenue source for banks — significantly less — than...

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Community Bank Customers Hit Pause on Mass Deposit Withdrawals
Community Bank Customers Hit Pause on Mass Deposit Withdrawals
April 03, 2023  |  Banking

The bank runs are still fresh in our collective consciousness. But for the community banks, the scramble to get deposits out seems to have abated....

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