Payments Dive

SEPTEMBER 16, 2022

The Biden administration wants the Securities and Exchange Commission and the Commodity Futures Trading Commission to “aggressively pursue investigations and enforcement actions against unlawful practices in the digital assets space.”

Regulation 367

Regulation Security 367

PYMNTS

JULY 22, 2019

Getting paid in advance for work to be completed later is gaining traction in the gig economy. As found in the Pay Advances Report , the trend may be a new normal for ad-hoc workers. Data: $178 billion: Potential value of “pay advance” wages, if access were easier.

Trends 166

Trends Data Management Report 166

Payments Dive

OCTOBER 19, 2022

From self-checkout machines to checkout-free stores, the options for processing payments are expanding at retail venues. Here’s how retailers find the best fit.

Retail 398

Retail Payments 398

PYMNTS

APRIL 9, 2020

Chime , America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes. Chime tested the initiative last week, offering a cash advance of up to $1,200 for 1,000 people.

Taxes 241

Taxes America Digital Banking Capital 241

Perficient

DECEMBER 14, 2020

Healthcare marketers’ role has shifted dramatically in recent years as technologies have advanced, social media use has skyrocketed, and patients have embraced consumerism. The COVID-19 pandemic and the significant, lasting shift to virtual care have brought a further change in a concise period of time.

Marketing 309

Marketing social media Leadership Strategy 309

ATM Marketplace

DECEMBER 7, 2023

WWS Fill4Me is the solution that extends the bank's operations to unstaffed channels such as self-service devices including ATMs, advanced ATMs and ASSTs., through remote assistance

ATM 108

ATM Operations 108

Accenture

JULY 1, 2020

The post Advances in sustainable finance, but more needed appeared first on Accenture Banking Blog. Only 21 percent of the CEOs in our 2019 UNGC Study said they felt business was making a critical contribution to the global goals. While the goals embody an enormous challenge that requires transformation….

Study 195

Study Company Innovation 195

Payments Dive

MAY 15, 2023

“Regional regulatory bodies must work together on common financial standards that support multilateral payment systems if we are to make progress,” writes one payments professional.

How To 244

How To Payments Regional System 244

PYMNTS

JULY 15, 2020

It features two-day early paydays, mobile wallet capabilities, funding options, near real-time transaction alerts and advanced cybersecurity, the company said in a Wednesday (July 15) press release. In an interview with PYMNTS earlier this year, Choubey said the FinTech traces its roots to providing financial access to 90 million Americans.

Mobile 175

Mobile New York Tools Digital Banking 175

PYMNTS

AUGUST 14, 2020

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. The use of digital direct-to-consumer (D2C) channels to buy consumer-packaged goods (CPG) has grown since the pandemic began, as consumers may be more willing to go the extra mile to find their favorite items.

Technology 230

Technology Retail Apple Google 230

PYMNTS

JANUARY 14, 2021

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products.

Innovation 225

Innovation Policies User Experience Security 225

Payments Dive

DECEMBER 15, 2022

Milwaukee's city council unanimously approved creating a tax increment financing district to provide a grant for the company's new downtown headquarters.

Milwaukee 195

Milwaukee Taxes Company 195

PYMNTS

NOVEMBER 12, 2020

The system will also act as a “platform for innovation” to advance new solutions and services. The RTR is expected to launch in 2022 and will be operated by Payments Canada and regulated by the Bank of Canada. The RTR will enable Canadians to make real-time payments and transfers every day, anytime.

Payments 345

Payments Innovation Risk Management System 345

American Banker

FEBRUARY 29, 2024

In a 31 to 20 vote, the House Financial Services Committee voted to advance a resolution disapproving of a Securities and Exchange Commission accounting bulletin that banks say would undercut their ability to custody crypto.

Security 80

Security Policies cryptocurrency Compliance 80

American Banker

DECEMBER 26, 2023

The additional disclosures came in advance of new regulations that are expected in 2024 from the Securities and Exchange Commission. JPMorgan Chase and Citigroup were among the banks that voluntarily reported new information this year about the impact of their operations on climate change.

Regulation 90

Regulation Security Operations Report 90

PYMNTS

FEBRUARY 1, 2021

Ford and Google are partnering to launch Team Upshift, a six-year partnership intended to advance vehicle innovation and data-driven opportunities. “As Team Upshift will leverage both firms’ talent and assets to advance various projects, such as developing new car-buying retail experiences and data-based ownership offers.

Google 200

Google Analytics Innovation Technology 200

PYMNTS

JUNE 22, 2020

To give FIs another arrow in the quiver, on Monday Visa unveiled its Advanced Identity Score , billed by the company as a solution that scores new credit card applications for risk, regardless of brand, in real time. Barrett told Webster the new risk solution provides a more complete and accurate picture of applicants’ identities.

Fraud 193

Fraud Cards Risk Management Customer Experience 193

PYMNTS

JUNE 14, 2020

Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to clients, according to a press release. The three companies charged are Richmond Capital Group, Ram Capital Funding and Viceroy Capital Funding.

Company 198

Company Fraud New York Capital 198

Independent Banker

MARCH 31, 2022

In return, I ask that you continue to keep advancing your banks and communities. We must develop a strong lineup for the future of our businesses, so our banks remain viable, thriving parts of our communities. These are big asks, but ones we can accomplish together. You have my commitment to be accessible, responsive and accountable.

Community 182

Community Community Bank National Meeting 182

Payments Dive

JULY 6, 2023

“Hackers are using all sorts of sophisticated methods to trick and bypass biometric technology – like capturing audio clips of individuals’ voices, making fake fingerprints using putty and gelatin, and downloading photos and videos,” an executive writes.

Video 195

Video Technology 195

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. For that privilege, it says, it doesn’t charge fees or interest, or have hidden costs to use the app.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

PYMNTS

MARCH 18, 2020

With a device that is reportedly quicker and more powerful than most PC notebooks, Apple has unveiled its “most advanced” iPad Pro. Phil Schiller, Apple’s senior vice president of worldwide marketing, said in the announcement, “The new iPad Pro introduces advanced technologies never before available in mobile computing.”

Apple 151

Apple Video Mobile Software 151

PYMNTS

SEPTEMBER 8, 2020

With its new Cash Advance solution, the company will let small- to medium-sized businesses (SMBs) borrow working capital in 10 seconds by using the Razorpay dashboard, the release stated, depending on the individual SMB's credit history. Razorpay CEO and Co-Founder Shashank Kumar said the idea is to alleviate the struggle for smaller firms.

Capital 178

Capital Tools Payments Cards 178

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct.

Payments 269

Payments Compliance Fraud Regulation 269

PYMNTS

SEPTEMBER 24, 2018

Stripe, the digital payments startup, is reportedly testing a new cash advance service for its business customers. The test, noted the report, is being conducted under the Advance brand name. According to reports , the new service would provide business owners with access to funds one to two days after applying for the money.

Online 164

Online Software Retail Payments 164

PYMNTS

JULY 19, 2019

According to Pay Advances: The Gig Economy’s New Normal , employers disbursed $236 billion in full or partial payments before jobs were completed to 43.8 million retail gig workers have received pay advances, totaling $66 billion — 40.5 This study looks at how the desire for pay advances differs by industry. Over half (64.4

Industry 128

Industry Retail Study United States 128

ABA Community Banking

OCTOBER 6, 2023

Given the need for additional funds and the lack of attractive alternatives, bank use of FHLB advances is very likely to grow and should not necessarily be interpreted as a sign of banking stress. The post The outlook for FHLB advances appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Community Data Management 52

Bank Innovation

MAY 23, 2019

Payday advance app Earnin, which has been downloaded more than 11 million times according to Aptopia data, is on track to become a personal finance platform. It's building out its feature set through in-app bill management features that let users know when bills are due, negotiating with bill payees and offering cash back rewards.

Data 186

Data Management Groups Lending 186

CFPB Monitor

FEBRUARY 29, 2024

Our special guest is Brad Blower, Principal and Founder of Inclusive-Partners LLC, and author of a recent blog post titled “The CFPB Has An Opportunity to Greatly Advance the Ethical and Non-Discriminatory Use of AI in Financial Services and Should Take It.”

Lending 117

Lending 117

PYMNTS

FEBRUARY 18, 2020

The platform will allow non-equity cash advances for Patreon users who need the extra boost for a more ambitious rollout of some kinds of content. Hot Pod reported that Patreon lent a cash advance of around $75,000 to Brooklyn-based podcast collective Multitude , intended to cover the production budget on its series.

Lending 130

Lending Company System Report 130