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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177
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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

PYMNTS

In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies. The ECB commentary, we contend, solidifies at least some regional approaches to CBDCs, but retail use cases may be gaining favor.

Boston 227
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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

So, while the average FICO® Score is increasing over time at the national level, what about at the state or city level? While 31 states (and the District of Columbia) have an average score higher than the national average of 706, we generally see that the Midwest and New England states have the highest average FICO® Scores.

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2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Performance and multiples continue to be solid, outperforming most regional banks. You tell us. Bank Merger of the Year.

Fintech 147
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The Greatest Show On Commerce Turf

PYMNTS

The game will be the main event for most people, particularly for fans in Boston and Philadelphia, as both cities are known for being ever so slightly fanatical about their sports teams. [GO billion chicken wings Americans are expected to eat this weekend according to the (honest to goodness) National Chicken Council. Winner: Pizza

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FIS And The MiLB Play Ball For Their Second Year

PYMNTS

Or just to boo the Yankees (Boston-based baseball fans, mostly). Lucky for all of us, Berra made it in baseball – though in this case, as in many others, he may have been a bit factually off the mark. Lucky for all of us, Berra made it in baseball – though in this case, as in many others, he may have been a bit factually off the mark.

Cards 115
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The Strange World Of Summer Retail

PYMNTS

So what fun in the sun can the nation’s retailers expect this year? The Good … The really good news about summer for retailers is that the temperature is their ally — well, at least for those retailers in the Northeast, assuming that it warms back up again in Boston (from 92 to 62 in 24 hours is a bit much …).

Retail 100