Sections
FI
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968RegulationDeep Dive: Taking A Closer Look At The Chinese Regulatory Space
Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects...
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2.7KMobile ApplicationsNew Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing...
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4.4KSecurity & FraudHow FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach...
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4.2KDigital BankingNCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. In...
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5.9KPartnerships / AcquisitionsPayPal And FIS Team On Loyalty Points Redemption
FIS and PayPal have expanded their partnership so that cardholders of institutions participating in the FIS Premium Payback network can use their...
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4.0KBrexitN26 Exits UK Post Brexit
FinTech bank N26, based in Germany, will no longer operate in the U.K. following Brexit, according to reports. N26 customers will need to...
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3.2KB2B PaymentsUnwrapping APAC’s Faster Payments Fraud Threat
As faster and real-time payment schemes achieve ubiquity in more markets around the globe, speed is increasingly becoming the standard for payers...
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5.2KNext-Gen DebitFICO’s Take On Debit Security
Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with...
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7.4KDigital BankingBMO On Taking A Digital-First Approach To Retail Banking
In-branch banking still plays an important role in customers’ financial lives, despite the growing popularity of mobile and online banking. A recent...
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5.6KBitcoinBitcoin Daily: OK Bill Would Create Blockchain Body; Central Asia Steps Up Crypto Mining; Crypto, RBI Case Back In Court
Senator Nathan Dahm (R-OK) is sponsoring a bill that would establish a new state-chartered financial institution (FI) centered around blockchain technology, Cointelegraph...
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9.2KVISAVisa’s $5.3B FinTech Play, Wrapped In Plaid
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the...
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5.8KAPIWells Fargo: Using APIs To Cut Corporate Cash Flow Confusion
Banks need strong application programming interface (API) strategies if they want to retain their business clients. Business to business (B2B) APIs enable...
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2.4KB2B PaymentsOneConnect Wields Government Data For SMB Lending
Chinese firm OneConnect, a blockchain-based small business (SMB) lending platform owned by insurance giant Ping An, has launched a new portal to...
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3.4KAccounts PayableDeep Dive: AP Processing Delays And How New Payment Innovations Can Help
Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. The negative...
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3.3KAccounts PayableBNY Mellon On The Need For Payments Innovation, AP Automation
Digital payment innovations like real-time payments (RTP) have given businesses more options to improve slow accounts payable (AP) processes. But many firms...
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6.2KAccounts PayableBNY Mellon On The Two Key Factors For AP Automation
The supplier relationship is critical for any business. This means providing frictionless and speedy payments and ensuring that the right amount of...
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4.8KSecurity & FraudDoing Battle With Holiday Fraudsters At The ATM
The holiday season is in full swing. That means opening up wallets and purses at the point of sale, which often means...
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5.9KAPIFifth Third’s Two Cents On Treasury APIs
Financial institutions (FIs) are locked in competition as they seek to serve the $38 trillion global business-to-business (B2B) payments sector, which could...
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5.4KDataEnvestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
The past few years have seen contentious relationships between financial institutions (FIs) — particularly larger ones — and data aggregators. At a...
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2.6KB2B PaymentsAvidXchange Targets Banks’ B2B Payments Friction With AvidPay
Commercial payments technology company AvidXchange is connecting banking clients to its AvidPay B2B payments network through a new integration. The company announced...
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2.8KPayment MethodsJack Henry Debuts Card-To-Card Bill Pay
Jack Henry & Associates has announced the launch of iPay CardPay, which enables its banks and credit unions “to provide near-real-time, card-funded...
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4.3KB2B PaymentsBanking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set...
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3.4KFraud PreventionFighting Real-Time Payment Fraud In Layers, With Moats
Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. In an interview with PYMNTS,...
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5.6KBankingPeople’s Bank Of China: Hundreds Of Country’s Banks At Risk
This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13...
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6.9KDataTCH Gives Banks An Open Banking Template
FinTech firms need access to the data housed within traditional FIs. To get there, and to end the screen scraping (beloved by...
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4.1KAuthenticationNEW DATA: Banks Fail To Meet Consumer Desire To Drive Mobile Banking Authentication
Consumers have come to expect specific services and features from their banks. New research conducted by PYMNTS, however, reveals that banks and...
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2.7KAMLFinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and...
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3.3KAMLDeep Dive: The Benefits And Limitations Of Video-Based KYC For FIs
FIs cannot afford to be lax with KYC and AML procedures, and their handling of sensitive information means they are held to...
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2.6KCredit UnionsDeep Dive: How CUs Can Close The AI Innovation Gap
Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient...
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6.1KAppleApple Card And The FinTech, TechFin Conundrum
So far, the young life of the Apple Card has turned out pretty — perhaps even spectacularly — good, depending on the...
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2.8KEarningsMetro Bank Chairman Leaves Board Amid Q3 Losses
Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss...
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3.0KB2B PaymentsAML Compliance Isn’t Just Banks’ Burden
Regulatory pressures and market forces are pushing the world’s financial institutions (FIs) to ramp up their anti-money laundering (AML) strategies. As this...
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2.5KB2B PaymentsWhat Faster Payments Means For SMBs’ Multi-Bank Relationships
Without regulatory mandates, the Open Banking wave is crashing on the shores of the U.S. financial services (FinServ) sector. Market pressures and...
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2.9KCredit UnionsCredit Unions Shun Online Ads For Content To Acquire Customers
In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the...
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4.7KB2B PaymentsCannabis Cos’ Financial Struggles Spread Far Beyond The POS
When considering the financial services (FinServ) challenges of the legal cannabis sector, the biggest point of friction that almost always comes to...
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6.2KPartnerships / AcquisitionsWhat’s The Best Way To Navigate The New World Of Payments?
These are indeed the days for mergers and acquisitions (M&A) in the world of payments, and that trend looks likely to hold...
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5.8KFaster PaymentsFedNow And ISO 20022 Are Here — What Now For FIs And Faster Payments?
There are 54 faster payment schemes globally, with more on the way. Craig Ramsey, head of real-time payments at ACI Worldwide, tells PYMNTS...
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5.6KSecurity & FraudHow FIs Can Win The Eternal — And Escalating — Cybersecurity Battle
Cyberthreats are increasing, and are playing out on a global stage. Credit cards are at risk, of course, but so are smart...
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3.2KFaster PaymentsMeeting Older Generations’ Rising Demands For Mobile P2P
From sending money to college-aged children, to splitting lunch checks among friends, Gen X consumers are increasingly embracing mobile peer-to-peer (P2P). But...
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12.7KInnovationREPORT: Why 78 Pct Of FIs Say They Struggle To Innovate
Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. Successfully delivering the...
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2.9KAMLDeep Dive: How FinTechs, FIs Can Arm Up Against Fraud
Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal...
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3.1KDigital BankingHow Challenger Banks Are Giving Legacy Players Key Opportunities
Challenger banks are pushing traditional banks to reboot their customer experience. In the latest Digital Banking Tracker, Jamie Warder, head of digital...
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3.0KLoansBarclays Launches £100K SME Loans
Barclays is now offering £100,000 unsecured lending for SMEs on its app and online banking platform. A recent survey by Barclays found...
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6.3KSecurity & FraudHow To Cut The Phishing Lines That Bind Us
Fraudsters are ever bolder when it comes to phishing scams, which are up 76 percent year over year. The best approach to...
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7.6KInnovationREPORT: Payment Tech Tops FIs’ Innovation Agendas
The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI). However, financial institutions (FIs) are...
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5.0KFaster PaymentsHow Faster Pay Fuels the Trucking Industry
Truckers haul 71 percent of America’s freight tonnage, keeping retailers supplied and in business — but not without challenges. Slim margins, emergency...
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5.6KRegulationWhy ING Is Taking A Platform Approach To PSD2 And Open Banking
As the second Payment Services Directive (PSD2) brings more third parties into the European financial world, banks are seeing a shift in...
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4.8KDigital BankingNCR On D3 Acquisition And Banks Being ‘Digital-First’
In the financial services ecosystem, there are relatively invisible sources of power and fuel, those operations perhaps not well known in the...
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4.1KDigital BankingDeep Dive: How Biometrics And AI Are Improving Banks’ Customer Experiences
Passwords are increasingly vulnerable in today’s day and age. Hacks and data breaches have become all too common, with fraudsters turning to...
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5.7KInnovationWhy Drive, Not Size, Is Key To FI Innovation
Smaller banks and credit unions enjoy a reputation of offering more personalized services than large financial institutions (FIs). When it comes to...
