Remove Banking 2020 Remove Community Remove Fraud Remove Management
article thumbnail

B2B FinTech On The Cusp Of Change

PYMNTS

200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.

Fintech 108
article thumbnail

Biometric security not all it’s cracked up to be?

Banking 2020

However, a major data breach at the US Office of Personnel Management (OPM) has cast this into doubt. While it’s unclear what sort of fraud could be committed, the financial services industry is taking note of the theft. Two clear avenues of potential fraud are opened up with biometric theft of this sort. million individuals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Build Banking Relationships That Last

Banking 2020

The best add-on services are those that are mutually rewarding to both the customer and the bank. Ideally, they should make it easier for the customer to manage his or her money, while also building loyalty to the bank — and reducing costs or increasing revenue. Believe it or not, there are services that fit the bill.

How To 40
article thumbnail

The 5 Most Dangerous Mobile Banking Habits

Banking 2020

Losing your phone is bad enough without identity fraud on top of it. Yes, entering your username and password every time you log in to a mobile banking app (or any app that involves payments) can be a hassle, however, if anyone gets their hands on your phone, they have total access. .

Mobile 40