Sections
FI
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1.4KPayments InnovationCiti: Why And How To Bring More Collaboration To Payments
There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to...
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2.1KCFPBCFPB To Review Fed’s 2009 Overdraft Rule
The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve‘s overdraft protection rule to find out if it “should...
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2.7KInnovationWhy FIs Are Laser-Focused On Corporate Credit Innovation
Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. While the overall pace...
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2.2KAPIAPI’s Rise In Open Banking And Cross-Border B2B Payments
Changing regulations are redefining the obligations of financial institutions, forcing them to rethink their strategies and implement new technological approaches. New legislation, such as PSD2,...
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4.3KDigital BankingWhat FIs Don’t Know They Don’t Know About Their Customers
When it comes to long-term consumer relationships, few businesses can top banks. They tend to keep ties with consumers over decades —...
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3.4KAPIHow APIs Safeguard Bank-FinTech Collaboration
Financial institutions (FIs) that don’t offer application program interfaces (APIs) are courting trouble. When FIs don’t enable secure data access via APIs,...
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3.1KInnovationMost FIs Don’t Consider FinTech Firms As Competitors, But Maybe They Should
Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had...
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6.6KMobileWill Consumers Bank With Their Telcos?
Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY....
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3.7KB2B PaymentsReady Or Not, Faster Payments Will Impact Corporate Operations
Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. The...
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4.6KArtificial IntelligenceWhat FIs Get (And Don’t Get) About AI
The jury is in. Almost every modern financial institution (FI) has at least one artificial intelligence (AI) or machine learning system in...
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6.6KArtificial IntelligenceAI Enters The FI Fast Lane
It’s hard to find fault with one of the latest tests of artificial intelligence (AI). Medical diagnostic technology built by Google and a...
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7.9KAlternative FinancesWill The Consumer’s Next Bank Be Amazon, PayPal Or Walmart?
FinTech firms may not be the only ones that traditional financial institutions (FIs) need to keep an eye on. About six in 10...
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8.0KDigital PaymentsIs P2P A (Good) Trojan Horse For Banks?
In mythology, the Trojan Horse is a symbol of hidden intent — a gift hiding warriors ready to slash and burn. In...
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10.3KInnovationWhy 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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4.3KAMLDeep 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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3.8KCredit 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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4.9KFaster 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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6.6KInnovationDeutsche 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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6.1KInnovationBridging 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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7.3KB2B 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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5.2KBankingUK 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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7.0KArtificial 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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3.8KBankingLender 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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4.6KIPOThinking ‘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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3.2KB2B 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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7.3KSecurity & 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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7.1KSecurity & 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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7.1KB2B 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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6.8KFaster 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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5.0KDigital 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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8.5KSecurity & 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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4.3KSecurity & 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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6.9KSecurity & 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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4.7KCredit 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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10.8KMobile 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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6.5KBankingMassachusetts 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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3.6KFaster 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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6.6KFaster 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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4.3KB2B 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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3.6KB2B 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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6.1KInternationalWhy 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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26.8KInnovationMoving 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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4.1KB2B 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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2.6KCredit 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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7.9KCredit UnionsHow 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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6.3KSecurity & 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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12.6KMobile 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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5.2KBankingEntersekt 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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4.4KInnovationFor 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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5.3KBankingPutting 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...
