Money Mobility

Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility

Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
January 09, 2023  |  Cybersecurity

Money mobility ended 2022 as a serious problem for FinTechs and enters 2023 needing attention. The FinTech Fraud Ripple Effect, a PYMNTS and Ingo Money...

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PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
December 21, 2022  |  Money Mobility

As the online gambling and casino industries continue to grow, payments present both a challenge and a considerable opportunity. Customers involved in gambling have traditionally...

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46% of FinTech Banks Say Deposit Fraud Hurts Customer Experience
46% of FinTech Banks Say Deposit Fraud Hurts Customer Experience
December 20, 2022  |  Cybersecurity

Fraud’s hindering money mobility, and the customer experience is rife with frictions. The average FinTech loses 1.7% of its annual revenue to fraud — approximately...

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DraftKings on Making Money Mobility Both Fast and Secure
DraftKings on Making Money Mobility Both Fast and Secure
December 20, 2022  |  Money Mobility

In this month’s “Money Mobility Tracker®,” DraftKings tells PYMNTS why it thinks that its bet on instant payments is a slam dunk to boost the...

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19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
December 05, 2022  |  Opinion

Looking back on 2022 is a lesson in expecting the unexpected. COVID-19 concerns and supply chain shortages were unceremoniously pushed aside by sky-high inflation and...

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Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
November 21, 2022  |  Money Mobility

Despite substantial advances in digital solutions, consumers still use cards and automated clearing house (ACH) transfers for nearly all their non-cash payments. These are closed-loop...

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FinTech Execs Expose the Real Costs of Fraud
FinTech Execs Expose the Real Costs of Fraud
November 18, 2022  |  Money Mobility

The average U.S. FinTech loses $51 million to fraud every year, and many lose even more. Even so, that figure only begins to capture the...

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PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
November 15, 2022  |  Money Mobility

The business world has transformed over the last few years as the global pandemic spurred a move away from centralized teams and toward a more...

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