As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial...
A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of never making them enter information through a third-party site, a press release says. The service will also allow customers to...
Peer-to-peer payments service MoneyGram will partner with Industrialbank to create a new bank deposit service in Ukraine. MoneyGram is the first company to let users send money directly to anyone’s bank account in the country, according to a press release. Alex Holmes, MoneyGram chairman and...
European online banking payments provider Trustly has merged with Silicon Valley online banking payments company PayWithMyBank, according to a blog post by the former. The move will allow global merchants to accept online payments from both European and American customers, and will provide an alternative...
March 06, 2023
As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial activities. Most of these consumers believe that additional visible security […]
November 12, 2018
The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is the lowest it has been...
October 24, 2018
There's a tug of war when it comes to digital ID verification — a tug of war between the customer experience and reducing fraud. Socure Co-founder Johnny Ayers tells PYMNTS that...
August 02, 2023
Since the launch of the Apple Card’s Savings account, powered by Goldman Sachs, in April, over $10 billion in deposits have been made by users. In addition to reaching this milestone, 97% of Savings customers have chosen to have their cash rewards automatically deposited into their account, Apple said in a Wednesday (Aug. 2) press release. Jennifer Bailey, Apple’s vice […]
June 18, 2020
A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of never making them enter information...
January 29, 2020
Peer-to-peer payments service MoneyGram will partner with Industrialbank to create a new bank deposit service in Ukraine. MoneyGram is the first company to let users send money directly to anyone’s...
June 13, 2019
European online banking payments provider Trustly has merged with Silicon Valley online banking payments company PayWithMyBank, according to a blog post by the former. The move will allow global merchants...
