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. In the US, fraud losses equated to 12.75c for every $100 spent in 2014. billion in 2020. This is according to The Nilson Report, which found 48.2

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Banking 2020

SEPTEMBER 15, 2015

is growing closer to becoming a reality with the formation of a Board Advisory Group that will help NACHA realize its plans to create faster and more secure payments that meet the needs of banking institutions, merchants and many others. UK case study. The Fed’s recently unveiled plan to roll out real-time payments in the U.S.

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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.

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Banking 2020

NOVEMBER 8, 2015

The move comes just as the banking industry gears up for major changes to payment rules that will mean they have to open up their platforms to third party developers. In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016.

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