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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

Fraud 266
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Real-Time Payments Successfully Gets Through Its First Test Drive

PYMNTS

s first new payment and clearing system in more than 40 years is up and running. was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new “Real-Time Payments” system set up by The Clearing House. The upgrade to the system also allows the U.S.

Payments 193
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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Established in June 2015 , the Secure Payments Task Force has engaged more than 200 financial institutions, consumer groups, payment service providers, financial technology firms, merchants, government agencies and others interested in payment security improvement efforts.

Security 100
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Getting Mobile Ready

Independent Banker

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105
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Monit Powers a “Financial Companion” for Financial Institutions to Offer Small Businesses (Fintech Startup of the Week)

Fintech Labs Insights

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Monit provides cash-flow projections and financial monitoring for SMBs using Quickbooks. But its vision is much bigger, hoping to provide a virtual CFO that highlights pertinent financial info from any major accounting system.

Fintech 15
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Startup of the Week: Monit Powers a “Financial Companion” for Financial Institutions to Offer Small Businesses

Fintech Labs Insights

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Monit provides cash-flow projections and financial monitoring for SMBs using Quickbooks. But its vision is much bigger, hoping to provide a virtual CFO that highlights pertinent financial info from any major accounting system.

Boston 15
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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. HQ: Boston, MA. Their platform integrates with common mortgage loan origination systems. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm.