Gonzobanker
FEBRUARY 19, 2020
Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade , 65% of banks and 76% of credit unions say these partnerships will be an important part of their business strategies this year.
PYMNTS
MAY 16, 2016
While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K. and U.S.
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Banking 2020
SEPTEMBER 18, 2014
The most recent Real Weddings Study published annually by Knot.com reported that the average wedding cost has skyrocketed to $29,858, the costliest figure in the history of the study. One of the biggest financial stresses your clients might face is wedding costs.
Banking 2020
NOVEMBER 28, 2015
As the US comes out of its first post-EMV liability shift months, it’s worth looking at how chip cards have evolved over the years to improve security and how lessons learnt in other countries have made smart cards more secure than ever. These were card-present frauds that managed to nullify the PIN. CDA explained.
Banking 2020
AUGUST 27, 2015
The US has been identified as the leading country for card fraud, after a new study revealed almost half of global losses to the crime last year occurred in the nation. per cent of worldwide plastic card losses – including credit, debit and prepaid cards – took place in the US, amounting to $7.86
Banking 2020
NOVEMBER 24, 2015
Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3 The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9
Banking 2020
NOVEMBER 8, 2015
The card giant says shoppers will be able to use their contactless device for high value payments at all contactless terminals across Europe by 2017. Retailers are already gearing up for accepting contactless at every point of sale terminal by 2020. In July 2015, 43 per cent of new terminals installed were contactless-ready.
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