PYMNTS

MARCH 2, 2020

The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 Employers disburse all or some of employees’ wages onto the cards, and the funds can immediately be withdrawn at ATMs or used to make payments. The United States’ tight labor market exacerbates competitive tensions for such agencies, though.

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Cards ATM United States Payments 130

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. As has been widely reported, 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs.

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Policies Boston Examples ATM 181

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete. Postal Service (USPS).

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ATM Millennials FDIC New Jersey 100

Abrigo

APRIL 2, 2020

In addition, with the passing of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), fraud has increased with scams offering to rush stimulus checks to individuals for a fee. FinCEN Strengthens Commitment to Digital Innovation. Whether or not yours is a mandatory reporting, please protect our elders and report.

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Fraud Resources Software Training 335

PYMNTS

APRIL 2, 2020

PYMNTS rounds up the latest in commercial card innovation below. ” Operators can see mobile transactions settled in near-real time, with the ability to withdraw those funds via their debit card at ATMs. Comdata Fuel Cards Facilitate Factoring. Brex Offers Work-From-Home Rewards. Plastiq Raises $75M For SMB Card Technology.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

APRIL 28, 2016

Visa has secured the spot as the exclusive payment provider for the 2016 Olympic Games in Rio for the 30th year running. But this year, Visa will be focused on expanding its digital presence at the games by having 4,000 POS terminals across Olympic venues, along with ATMs across the stadiums, Olympic Village and Olympic Superstore.

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Cards ATM Security Innovation 100

PYMNTS

OCTOBER 1, 2018

The fall is here, and even if the weather is not exactly cooperating in some parts of the nation with the desired cool, crispness – at least the Halloween decorations are keeping us all well reminded of what season it really is after all. A couple of guys drilling holes in an ATM seems anything but inconspicous.

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Data ATM Apple Payments 108

NCR

JANUARY 23, 2017

Human action remains the largest threat to bank security. The weakest link in mobile banking security? In a recent report focusing on security in mobile banking, Mobey Forum , a global industry body representing financial institutions (FIs), said human fallibility has become “one of the biggest risks” for banks to manage.

Security 40

Security How To Fraud Mobile 40

Abrigo

DECEMBER 10, 2019

According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. These crimes can result is significant loss of financial resources for the victims and often greatly impact their quality of life. billion annually.

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Fraud Study United States Training 284

PYMNTS

OCTOBER 5, 2016

It is still the most widely accepted form of currency, and its tangible nature continues to give consumers a feeling of security in times of upheaval, be it economic or political. Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, agreed. percent and 41 percent, respectively, according to the index.

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ATM Cards Mobile Regional 178

PYMNTS

JUNE 24, 2019

Europol has found evidence of money laundering at cryptocurrency ATMs. Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. And, as reported by Reuters, at least one cryptocurrency, Monero, has been able to hide all details of a transaction. Beyond Cryptocurrencies.

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Regulation social media cryptocurrency United States 129

PYMNTS

SEPTEMBER 10, 2018

Roughly 19 million college and university students are loading up their cars and heading back to campus for another school year, according to data from the National Center for Education Statistics. New and innovative disbursement methods are bringing change to the industry, though. Student Loans Go Mobile.

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Mobile Arkansas ATM Tools 100

PYMNTS

JULY 13, 2017

Lines at ATMs stretched endlessly, commerce ground to a halt in some regions and workers went more than one pay cycle without being paid for their work. But, where there are pain points — even rapid onset ones brought on by demonetization — there is also innovation.

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Mobile Google National Payments 101

PYMNTS

JANUARY 31, 2020

Banks such as BMO Harris Bank are heavily funding PIN authentication, real-time check scanning and ATMs to meet this demand, but they are discovering an unexpected benefit for bank staff as well. FICO’s Take on Debit Security. 29), has Penn National Gaming Inc. Mastercard and TabaPay on Accelerating Instant Payments.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

AUGUST 13, 2018

MarketWatch , citing comments from Triton’s co-founders, reported that the student-run fund believes the subscription model is actually a solid innovation that isn’t going away anytime soon – and that the low share price offers an opportunity. It also provides support for more than 34,000 ATMs around the U.S.

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Data ATM Cards Fraud 100

PYMNTS

MAY 21, 2018

The potential promise of augmented reality has also gained the attention of Mastercard, which has used Masterpass, mobile technology and iris recognition to create a “shopping experience” that relies on “photorealistic augmented reality and provides consumers the ultimate customized, security-focused shopping experience.”.

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Mobile Retail Payments Branding 134

Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration.

Tools 70

Tools Community Community Bank Security 70

NCR

APRIL 10, 2017

Last year, the group asked the Australian Competition and Consumer Commission (ACCC) for permission to act as a group in negotiations with the iPhone maker for access to its Apple Pay technology, in order to secure more favorable fees. Why the ACCC sided with Apple.

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Apple Payments Mobile Groups 75

NCR

JULY 9, 2017

One of the big debates that has emerged in the build-up to PSD2 surrounds ‘screen-scraping’ European banks have argued that this practice, if it is allowed to continue under PSD2, could pose a risk to data privacy, cybersecurity and innovation. You develop highly secure, innovative and sophisticated systems to make it fly.

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Fintech Innovation Data Industry 75

NCR

JUNE 16, 2016

In many ways, the financial sector in the US is very different from the rest of the world, historically favoring smaller local banks to large national institutions, the country has over 13,000 FIs. When it comes to mobile innovation, we are seeing many different types of initiatives. Banking institutions also embracing real-time.

US 40

US Payments Mobile America 40

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. According to the Cambridge English Dictionary , a bank is an institution in which people and businesses can securely store and access their money and borrow it as needed. The need for physical branches tops providing ATM services by a factor of almost four.

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How To Millennials ATM Fintech 232

NCR

JUNE 5, 2017

Over the last few years, the rise of new and innovative digital payments has meant that the concept of a ‘cashless society’ is a more realistic prospect than ever before. The nations where cash is considered least essential are France and the US, where 35 and 34 percent of people respectively stated they rarely used cash.

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Survey Trends Payments US 85

William Mills

SEPTEMBER 9, 2016

Auto-financing is ripe for innovation. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. Our platform is open source, which makes it more reliable, innovative and secure. Based in Porto, Portuga they provide “Omnichannel Innovation” Truly integrated Omni channel middleware platform. “We

social media 40

social media ATM Mobile Customer Experience 40

Bankelele

NOVEMBER 23, 2015

Helios exit was not a buy back, but a sale to third parties including Norfund, Genesis, Investec, NSSF Kenya, NSSF Uganda and Blackrock – some of who paid a premium of 10% above the market in order to secure large blocks of shares. Cardless banking - no need to carry an ATM card. loans starts at 1 a.m. before the branches open.

Mobile 28

Mobile Security ATM Cards 28

PYMNTS

MARCH 30, 2017

Apple and Square both set off on new international adventures, Wells Fargo embraced the NFC ATM, and Alipay’s parent company decided to offer a more direct response to Euronet’s challenge to its MoneyGram acquisition. Customers then input the code and their ATM PIN number to access ATM options.

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Samsung Apple ATM Mobile 100

Tomorrow's Transactions

FEBRUARY 15, 2016

National currency and central banks were of their time. Promoting innovation in payment system. Are central banks artefacts of the Industrial Revolution, like canal networks or newspapers, or are they indispensable to the operation of the modern economy? To be honest, I tend to the more revolutionary perspective.

Industry 39

Industry Maine System Payments 39

Abrigo

MAY 8, 2024

That compares to 39% of global or national banks with more than $10 billion in assets. Now, Southwest National uses Connect to generate a report in seconds to show examiners the loan concentrations across its markets. Financial institutions have several reasons they may be reluctant to embrace generative AI.

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Examples Fraud Resources Risk Management 221

PYMNTS

FEBRUARY 1, 2017

We’ve seen countless options for breaking through security barriers, from fingerprint detection to facial recognition. The first national private bank of Turkey, Yapı Kredi , has partnered with Ölçsan and the creator of the Eyeprint ID, EyeVerify, to make eye access a reality.

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Mobile ATM Security Software 100

PYMNTS

MARCH 22, 2018

India, pre-demonetization, was a nearly wholly cash-based society, and the early pushback was strongly felt as lines formed at banks and ATMs, and businesses felt the pinch of suddenly less liquid consumers. And, especially at first, it caused a lot of chaos. That’s a big roadblock.

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Mobile Payments Regulation ATM 131

Celent Banking

APRIL 26, 2016

Mainframe computers running programs powered by Rear Admiral Grace Hopper's newly developed Common Business Oriented Language (COBOL) became the river that banks followed when planning and building new banking systems like Electronic Payments (EFT), Electronic Tellers (ATM), and others to meet emerging customer demands.

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Chicago Training Illinois System 100

William Mills

MAY 9, 2018

How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today. In today’s world there is uncertainty around many things, your finances don’t have to be one of them.

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Security Samsung Strategy San Jose 40

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). We are primarily a secured lender, with our greatest concentration of loans in Texas. In preparation for meetings, I frequently read 10k''s.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Expect more deals to be announced in 2024.

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Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Idea Bank in Poland for its roaming fleet of ATM-equipped automobiles with an Uber-like app available for bank customers to order cash drop-offs.

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Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. Security: Higher internet usage and data generation lead to increased investment. Table of Contents. Healthcare: Using data, wearables, and VR to make care more accessible. Telehealth technology.

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Industry Technology Online Video 101