Sections
FI
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1.7KAMLDeep 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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2.0KDigital 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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1.9KLoansBarclays 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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5.5KSecurity & 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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6.4KInnovationREPORT: 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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3.5KFaster 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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3.4KRegulationWhy 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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4.0KDigital 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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3.1KDigital 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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5.1KInnovationWhy 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...
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2.5KCredit UnionsDeep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
Customers weigh various factors when selecting their financial institutions (FIs). A recent study conducted by financial services provider Kasasa and The Harris...
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3.2KBankingFor FI Account Openings, Serving The ‘Segment Of One’
A disconnect looms in financial services, one that can doom relationships between financial institutions (FIs) and customers from the beginning. Studies have...
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3.6KSecurity & FraudAML/KYC’s Data Confidence Crisis
The last thing anyone wants to hear from a financial organization is that the people tasked with risk management are feeling less...
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3.3KMobileHow Mobile Card Services Turn Location Into Loyalty
Location matters in real estate. It matters, too, when protecting credit cards against compromise. As Ondot CEO Vaduvur Bharghavan tells Karen Webster,...
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4.4KPayments 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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3.2KCFPBCFPB 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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5.9KInnovationWhy 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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5.0KAPIAPI’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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6.1KDigital 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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5.5KAPIHow 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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4.2KInnovationMost 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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7.5KMobileWill 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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4.9KB2B 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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5.4KArtificial 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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7.4KArtificial 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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8.8KAlternative 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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8.8KDigital 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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12.9KInnovationWhy 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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5.1KAMLDeep 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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4.1KCredit 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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6.0KFaster 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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8.5KInnovationDeutsche 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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7.0KInnovationBridging 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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7.9KB2B 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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5.7KBankingUK 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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8.2KArtificial 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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4.4KBankingLender 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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4.9KIPOThinking ‘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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3.5KB2B 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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8.3KSecurity & 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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7.6KSecurity & 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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7.8KB2B 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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7.5KFaster 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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5.3KDigital 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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9.3KSecurity & 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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4.7KSecurity & 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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7.5KSecurity & 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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5.9KCredit 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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12.5KMobile 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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8.3KBankingMassachusetts 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...
