When a customer uses a credit or debit card at the point of sale, Entersekt chief commercial officer Dewald Nolte told PYMNTS in a...
Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion...
APIs – that is, application program interfaces, or bits of code that allow two software programs to communicate with one another –...
The problem financial institutions (FIs) have with data, Worldpay’s VP of Integrated Payments, Data and Fraud Products, Nicole Jass, told PYMNTS in...
This time last year, if a customer asked Cascade about cryptocurrency loading, the startup had to tell them, “We don’t do that.”...
Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment...
Demand is a trickle-up phenomenon. As consumers ask more of their financial institutions (FIs), the organizations serving those FIs must also step...
Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to...
Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Because when...
When it comes to bank innovation, size doesn't matter: any financial institution, large or small, can be a top performer with the...
The Reserve Bank of Australia and its Payments System Board announced on Tuesday (Feb. 13) the launch of a new payments infrastructure –...
Flexible tech. The kind that scales as businesses scale, that goes where the payments go — where the technology resides in the cloud...
Payment fraud losses are top of mind for financial institutions around the country, the Federal Reserve Bank of Minneapolis reported. Based on...
Long ago, former Secretary of Defense Donald Rumsfeld said that “There are things we know we know. We also know there are...
The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead...
In what way is payments innovation like football? For starters, both are strategic endeavors that require a good coach, a good team...
In any relationship, trust matters. Ever more so with banking relationships in the digital age of commerce, where faces never meet...
Star One Credit Union didn’t think it had an online fraud problem. The year was 2006, and although there was plenty of...
Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice...
In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. It...
Jewel Paymentech is helping banks get on board with faster onboarding for merchants. The startup supports financial institutions across the Asian Pacific...
Who wouldn’t like to gaze into a crystal ball to better anticipate and then plan their next moves in payments? But there...
It’s no surprise that the holidays mean increased eCommerce traffic – and therefore, increased instances of fraud. The fraudsters often get away...
The best offense is a good defense. It’s true in sports, and also true in disaster preparedness. Simply reacting is often too...
Arizona-based startup Emailage — the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses...
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...
For all the wonderful things to be said for entrepreneurship, there remains this fact: It is extremely hard work that carries with...
The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration...
Come next year, FIs will need to share consumer data with FinTechs and merchants courtesy of PSD2. In the latest PYMNTS Digital...
For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown...
Protecting digital identities is all about keeping up — keeping up with new technology, new regulations and, of course, bad actors. The...
“Finance is pretty broken.” So started Affirm’s Co-Founder and CEO Max Levchin’s remarks at his firm’s first-ever AFFIRMation conference for its retail...
When it comes to mobile banking, there’s often a massive gap between the consumer’s experience with a big bank and with a...
Earlier this year, a report from Kaspersky Lab and B2B International found that cybersecurity incidents affecting a bank’s online banking services cost...
The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance...
Behavioral analytics and machine learning can combine to root out fraud that is getting ever faster and harder to detect — even...
Synechron, the global financial services consulting and technology company, announced Thursday (March 23) the launch of “Neo,” a set of artificial intelligence...
In financial services, consumers vote with their feet as much as their pocketbooks. The question is: How can financial firms engender trust...
Not all verticals are created equal when it comes to the procurement process. Priorities in managing procurement will range from cost of...
Fiserv research shows proper financial management starts with banks and credit unions providing people with the advice and tools they need. In...
SWIFT has found gaps in the promise and the delivery of distributed ledger technologies when it comes to payments. But it still...
Banks — especially the smaller community banks — have developed a reputation for not being very innovative, despite putting forward a lot of innovation...
In providing financial services, smaller FIs have to navigate decades-old legacy systems to get up to speed, and the NYMBUS mission is...
After noticing an increased “frequency and severity” in the number of hackers attempting to extort financial institutions, U.S. financial regulators have put...
The EMV migration in the U.S. has officially reached the one month mark. But things haven’t just shifted at the point of...
MasterCard is teaming up with Cardlytics to bring new card-linked loyalty offerings to U.S. banks of all sizes. The collaboration will bring...
What happens when a-bank owned leader in payments fraud prevention and risk management, announces the acquisition of the largest U.S. bank-owned, real-time...
Wall Street can’t seem to get enough of blockchain technology. Just last week it was announced that a group of major financial...
It’s hard to run any business without good customer data, and financial institutions are no exception. Todd Doherty, Senior Director of Global...
Despite the glaring evidence that mobile banking has become table stakes to even be a player in the competitive financial ecosystem, there’s still plenty...