The COVID-19 pandemic has upended the way businesses and government agencies verify their customers’, clients’ and citizens’ identities. Social distancing restrictions implemented to curb the...
House hunters have been able to virtually tour prospective properties for years, but ID verification mandates in different states still often required in-person real estate...
In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of...
Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or...
The pandemic has introduced new variables into innovations, payments and commerce — setting up headwinds in some cases as businesses shutter, and tailwinds as consumers...
The new coronavirus led many financial institutions (FIs) to close or limit the hours of operation of their brick-and-mortar branches amid stay-at-home orders, in effect...
Financial institutions (FIs) are working during the pandemic to provide speedy digital services while fighting off the rise in fraud attempts. Small- to medium-sized business...
Anti-money laundering (AML) and know your customer (KYC) regulators have released the hounds, with billions in fines leveled by governments worldwide against financial institutions (FIs),...
SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). The...