financial institutions

Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Security & Fraud

To the hammer of a bad actor, everything vulnerable looks like a nail. Get the Full Story Complete the form to unlock this article and...

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Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024  |  Real-Time Payments

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints...

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90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
April 23, 2024  |  Fraud Prevention

More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data.  Get the Full Story...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
April 17, 2024  |  Credit Cards

When it comes to issuing credit cards, national banks continue to dominate the field, and — thanks to their massive scale, extensive customer base and...

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NCR Voyix Warns on Instant Payments Adoption Delays
NCR Voyix Warns on Instant Payments Adoption Delays
April 17, 2024  |  Real-Time Payments

Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in...

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Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
April 16, 2024  |  B2B Payments

Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.  Get the Full Story Complete the form to unlock this...

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FinCEN Warns Banks to Watch for Passport Card Fraud
FinCEN Warns Banks to Watch for Passport Card Fraud
April 15, 2024  |  Security & Fraud

Federal authorities are warning banks against the rising threat of passport card fraud. Get the Full Story Complete the form to unlock this article and...

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Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
March 27, 2024  |  Banking

Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly...

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