PYMNTS

SEPTEMBER 7, 2018

But with the power of faster payments comes the potential for faster fraud. billion: The estimated global value of the blockchain market by 2024. 24/7: The mindset of FinTechs that seek to offer services, payments and lending across borders and time zones without interruption. 5,700: The number of credit unions that use CO-OP.

Fraud 104

Fraud Data Payments blockchain 104

PYMNTS

DECEMBER 12, 2019

Cross-border payments, alternative lending and FinTech are thriving in new ways – and for new players. 154B: Projected value of payment platforms by end of 2024. 133 percent: Average monthly mobile fraud increase for eCommerce since 2017. . 154B: Projected value of payment platforms by end of 2024.

Payments 131

Payments Lending California Fraud 131

William Mills

MAY 14, 2024

In a constantly evolving world and financial landscape, understanding today’s trends will guide future decision making and allow banks and credit unions to prepare their financial institution for the future.

Report 91

Report Trends Fraud Lending 91

PYMNTS

JUNE 9, 2020

As much as 22 percent of consumers have now been targeted by COVID-19 digital fraud scams, driving a mounting need for new ways to mitigate digital fraud risks. billion by 2024. Other companies are adopting biometric identity verification solutions from third-party FinTechs.

Online 195

Online Report Compliance Fraud 195

PYMNTS

APRIL 27, 2020

billion by 2024, and a separate study suggested that many customers were willing to use FinTechs as well as their primary banks to receive the level of technological support they desired. It found that 64 percent of consumers across 27 surveyed markets noted that they were using FinTech services.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

DECEMBER 8, 2020

billion by 2024. Money laundering is a massive threat to cryptocurrency exchanges, with financial institutions (FIs), FinTechs and other traditional banking services often viewing them with suspicion. The latest arena for money laundering is through cryptocurrency , a burgeoning market expected to be valued at $1.4 About The Playbook.

cryptocurrency 261

cryptocurrency Mobile Compliance Analysis 261

PYMNTS

OCTOBER 12, 2020

These comment letters highlighted the need for features to address accessibility, interoperability, security, liquidity, and fraud prevention,” Montgomery said. FinTechs are interested in providing value-added services to FIs — and can conceivably connect their offerings to the FedNow platform via participating depository institutions.

Payments 244

Payments Boston System Operations 244

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Expect more deals to be announced in 2024.

Fintech 194

Fintech Community Regional Technology 194

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 12, 2020

According to the Fed, the rollout of FedNow remains on track for 2023 or 2024. National Institutional Facilitation Technologies (NIFT) and B2B FinTech Haball are collaborating to develop a new digital payment rail to facilitate B2B transactions in Pakistan, the companies recently announced. In a statement, Kenneth C.

Payments 130

Payments Fraud Community Boston 130

PYMNTS

JULY 10, 2019

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. ICONLOOP expects that my-ID data will be readily accepted by banks and FinTechs without the need for further verification.

Apple 158

Apple social media Knowledge Base Mobile 158

South State Correspondent

MARCH 21, 2023

The ERC filing deadline is October 2024. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. We assume that pricing, inaccuracies, and fraud will come to light in the coming years.

Taxes 195

Taxes Community Bank Community Operations 195