financial institutions

48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans

48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024  |  Loans

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans...

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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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Interoperability Will Fuel Instant Payments’ Scalability 
Interoperability Will Fuel Instant Payments’ Scalability 
December 19, 2023  |  Real-Time Payments

Nothing is harder to break than an established habit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023  |  Investments

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United...

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Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
December 12, 2023  |  Fraud Prevention

Jeff Gipson, director of payment product management at Discover® Global Network, told PYMNTS in a recent interview that the intensity of fraudsters’ attacks on all parts...

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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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FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
December 06, 2023  |  Fraud Prevention

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant...

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