Sections
financial institutions
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3.0KAuthenticationDiebold Nixdorf On Why Banks Could Be Digital Identity’s Future
Digital identity in the last few years has gotten a major boost — as of 2018, 60 nations worldwide have embraced some version...
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3.8KToday In DataToday in Data: Filling Needs, Fixing Vulnerabilities
The IoT market is growing exponentially – but in the lives of consumers, it’s on an industrial scale. The good news: It’s mostly a “more...
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847Today In DataToday In Data: Matching The Right Solution To The Right Problem
There is always a bit of a matching game going on in payments and commerce: As solutions proliferate, there’s a race to...
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6.2KInvestmentsFinding The Investable Needles In The Startup Haystack
When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Thousands...
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3.6KSecurity & FraudFIs Facing $100B A Year In Cyberattack Losses
The impact from a cyberattack on financial institutions (FIs) could reach as high as a few hundred billion dollars annually, chipping away...
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6.8KBank RegulationRebundling The Unbundled Bank
FinTechs by the dozen. Apps by the dozen. Banks have competitive, operational and communication challenges in place, as Mitch Siegel, National FS...
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2.8KBank RegulationAsian Banks Want Regulators To Allow More FinTech Solutions
As financial institutions grapple with compliance costs, a finance industry organization in Asia wants regulators to allow new technologies that could help...
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2.8KB2B PaymentsThe Changing Face Of Trust For Treasurer-Bank Relationships
Trust is key for any transaction, particularly when it comes to dealings between a customer and a financial institution. A mix of...
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2.7KToday In DataMeeting Customers Wherever They Are (Literally)
Why deliver oneself to a store — and face the hassle of heat, crowds and parking — when the store can deliver...
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2.8KToday In DataAround The World With Payments And Commerce
The good news about living in a flat world is that it is increasingly connected and accessible — a big opportunity for...
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2.7KToday In DataCaring Is Sharing (Data)
Everyone wants to rule the data world, but — as Gerhard Oosthuizen, CTO at Entersekt, recently pointed out — it’s not just about...
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7.3KInnovationNEW DATA: Why Top FI Innovators Play In The Sand(box)
Who are the top-performing financial institutions (FIs)? According to recent research from PYMNTS, the industry’s innovation pacesetters are those who devote the...
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3.1KB2B PaymentsFidelity Bank Offers New Products To SMEs In Ghana
Fidelity Bank Ghana announced it is boosting its support of the country’s Small and Medium Scale Enterprises (SMEs) through new products, specialized services,...
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2.4KToday In DataBuilding Better Banks
The transition of the banking world to digital has been good for customers, who, on average, check in with their mobile banking...
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2.7KPartnerships / AcquisitionsMitek Acquires AI Check Processor A2iA
Mitek Systems, Inc., a leader in digital identity verification solutions, announced that it has acquired A2iA, a leader in artificial intelligence (AI)...
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5.7KPayment MethodsFiserv: Checks Aren’t Dead Yet — Here’s How Banks Are Responding
Don’t buy too much into rumors of their demise. At this rate, checks will thrive well into the 2030s. That’s the view...
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3.0KRegulationTrulioo GM: FinCen, Technology And ID’ing Beneficial Owners
Customer due diligence rules are changing via FinCEN, with a focus on identifying and monitoring beneficial owners. Trulioo GM Zac Cohen notes...
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6.7KLoansMapping The Black Box: A Look Inside Machine Learning’s Powers And Quirks
“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that...
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8.5KInnovationHow To Future-Proof A Financial Institution
As Muhammad Ali once said, “Float like a butterfly, sting like a bee.” Translated for the financial services sector, this idiom might...
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8.0KDigital BankingNEW DATA: Why 80 Percent Of FIs Struggle To Innovate Like Top Performers
When it comes to innovation, credit unions may just be the most innovative of all, while banks big and small fail to...
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3.7KDigital PaymentsEntersekt: Banks And The ‘Transaction Pipe’ Trap
When a customer uses a credit or debit card at the point of sale, Entersekt chief commercial officer Dewald Nolte told PYMNTS in a...
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8.3KBankingConsumers Paid $34.3B In Overdraft Fees In 2017
Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion...
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3.0KAPICloud Elements CEO: Too Many APIs, Not Enough Integration
APIs – that is, application program interfaces, or bits of code that allow two software programs to communicate with one another –...
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4.6KDataGiving FIs The Edge With Better Data Access
The problem financial institutions (FIs) have with data, Worldpay’s VP of Integrated Payments, Data and Fraud Products, Nicole Jass, told PYMNTS in...
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5.5KStartup Check-InCascade To Power Crypto Card Loading
This time last year, if a customer asked Cascade about cryptocurrency loading, the startup had to tell them, “We don’t do that.”...
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4.8KSecurity & FraudFed Task Force Releases Payment Lifecycles And Security Profiles
Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment...
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3.8KCredit UnionsCO-OP CEO: Building A Credit Union Innovation Mindset
Demand is a trickle-up phenomenon. As consumers ask more of their financial institutions (FIs), the organizations serving those FIs must also step...
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4.6KSMBsWhy SMB Lenders Need Straight Through Data
Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to...
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9.7KDigital BankingNEW DATA: Why 100% Of Mid-Sized FIs Fail To Climb The Innovation Curve
Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Because when...
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8.7KInnovationPicking America’s Next Top FI Payments Innovator
When it comes to bank innovation, size doesn't matter: any financial institution, large or small, can be a top performer with the...
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4.0KFaster PaymentsAussie’s New Payments Platform (Called New Payments Platform) Goes Live
The Reserve Bank of Australia and its Payments System Board announced on Tuesday (Feb. 13) the launch of a new payments infrastructure –...
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7.0KPayment MethodsWhy Faster Payments Need Flexible Tech
Flexible tech. The kind that scales as businesses scale, that goes where the payments go — where the technology resides in the cloud...
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1.9KFraud PreventionFed Says Payment Fraud Losses Top Of Mind For FIs
Payment fraud losses are top of mind for financial institutions around the country, the Federal Reserve Bank of Minneapolis reported. Based on...
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4.6KInnovationThe Payments Known Unknowns/Unknown Unknowns Battleground
Long ago, former Secretary of Defense Donald Rumsfeld said that “There are things we know we know. We also know there are...
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9.4KInnovationNEW DATA: The Four Things That Define A Top FI Payments Performer
The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead...
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5.5KInnovationFIs: The Makings Of A Top Payments Innovator
In what way is payments innovation like football? For starters, both are strategic endeavors that require a good coach, a good team...
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8.4KBankingBuilding And Keeping Trust, With Banks
In any relationship, trust matters. Ever more so with banking relationships in the digital age of commerce, where faces never meet...
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8.0KSecurity & FraudOnline Banking: An Unwitting Accomplice To Multi-Channel Fraud Attacks
Star One Credit Union didn’t think it had an online fraud problem. The year was 2006, and although there was plenty of...
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9.4KInnovationThe Three Things FIs Need To Know About Payments Innovation
Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice...
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3.6KFaster PaymentsFourteen Months In, Extra Credit For Faster (ACH) Credit?
In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. It...
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3.1KStartup Check-InJewel Paymentech Uses AI To Optimize Merchant Onboarding
Jewel Paymentech is helping banks get on board with faster onboarding for merchants. The startup supports financial institutions across the Asian Pacific...
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7.6KInnovationGetting FIs Into The “Ready” Business
Who wouldn’t like to gaze into a crystal ball to better anticipate and then plan their next moves in payments? But there...
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3.0KStartup Check-InEmailage Braces For Holiday Fraud Uptick
It’s no surprise that the holidays mean increased eCommerce traffic – and therefore, increased instances of fraud. The fraudsters often get away...
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4.9KCredit UnionsCredit Unions: Better Together
The best offense is a good defense. It’s true in sports, and also true in disaster preparedness. Simply reacting is often too...
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5.6KStartup Check-InEmailage Embarks On ‘FinTech Roadshow’
Arizona-based startup Emailage — the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses...
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7.9KAPIFI.SPAN: APIs That Pack A B2B Punch
It’s not fair, said FI.SPAN CEO and Co-Founder Lisa Shields, that Bill.com and AvidXchange get to have all the business payments fun...
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5.0KStartup RoundupThe Start-Up Secret Sauce
For all the wonderful things to be said for entrepreneurship, there remains this fact: It is extremely hard work that carries with...
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2.5KBank RegulationPush Back On Regulatory Rollback?
The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration...
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5.1KSecurity & FraudPSD2 Is Coming To Europe And Bringing Big Changes
Come next year, FIs will need to share consumer data with FinTechs and merchants courtesy of PSD2. In the latest PYMNTS Digital...
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7.2KAlternative FinancesLendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown...
