FI

Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024  |  Security & Fraud

The fraudsters grow ever-wilier, the attacks more brazen. And effective. A blog post this week from the Atlanta Federal Reserve noted that “at least” 60 credit...

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Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
December 29, 2023  |  Credit Unions

Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the...

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Nearly 3 in 10 Credit Union Members Willing to Change FIs to Access New Products
Nearly 3 in 10 Credit Union Members Willing to Change FIs to Access New Products
December 20, 2023  |  Credit Unions

Credit unions (CUs) are known for their personalized and member-focused services, which is an attractive offering for many of their members. But alternatively, they have...

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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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