PYMNTS

SEPTEMBER 16, 2020

Cloud enterprise resource planning (ERP) company Acumatica has rolled out its Acumatica Advanced Expense Management and Electronic Bank Feeds for its Acumatica Cloud ERP solution, which will increase automation and electronic banking, according to a press release.

Tools 190

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PYMNTS

MARCH 6, 2020

As application programming interfaces (APIs) and digital banking promise unheard of levels of control, companies are eyeing the 40 percent or more of revenues that go to spend — and specifically, how much can drop to the bottom line by using artificial intelligence and accounts payable automation in creative new ways.

Compliance 130

Compliance Management Software System 130

Payments Source

JULY 26, 2019

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape.

ATM 91

ATM Digital Banking Payments Cards 91

PYMNTS

JULY 7, 2020

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Five Star Bank Taps Corserv Card Tech.

Community Bank 242

Community Bank Community Fintech Regional 242

South State Correspondent

OCTOBER 26, 2023

The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon. Sunday Programming: consisted of a federal lobbying track, AI Summit, Small Business, Fraud, running a fintech, cannabis banking, and modernizing the banking core system.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

JULY 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. Ondot already offers the leading card controls and alerts; cloud integration goes further with extensive access to cutting edge services.

Innovation 128

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PYMNTS

JULY 27, 2020

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. Davies’ exit comes just four days after the London-based operation announced $80 million in new funding.

United States 140

United States Leadership Risk Management California 140

PYMNTS

JULY 29, 2019

Mastercard has expanded its services for SMBs in several ways over the quarter, launching new SMB card rewards that operate like a “toolbox” for fulfilling recurring needs, such as Mastercard ID Theft Protection. Mastercard is also working to improve its financial services by expanding open banking and digital banking services.

Payments 117

Payments Portland Oregon United States 117

PYMNTS

SEPTEMBER 30, 2020

In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new executive for global market infrastructure. Marqeta Introduces Tokenization-as-a-Service For Card Issuers.

Marketing 130

Marketing New York Cards Conference 130

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Card issuer and processor Marqeta acquired Power Finance , an embedded fintech credit card program. No record heat in deal activity, but warmth remains.

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PYMNTS

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

Fraud 131

Fraud Customer Experience Compliance Survey 131

PYMNTS

DECEMBER 10, 2019

-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. In a press release issued Tuesday (Dec.

Payments 131

Payments User Experience Fintech Compliance 131

Abrigo

MAY 20, 2022

Training is a regulatory component and one of the five pillars of compliance. Institutions and compliance professionals know that training should be undertaken and documented annually. Many compliance and fraud employees benefit from the networking and education gained within local groups or local chapter groups.

Trends 195

Trends Fraud Training Survey 195

PYMNTS

DECEMBER 23, 2019

billion in credit card debt and $382.9 However, it is a quickly changing industry, thanks to digital banking. Digital banking has greatly altered what CU members expect of financial institutions (FIs): faster services, seamless experiences and unparalleled convenience. billion in car loans, a 6.9 percent and 4.1

Data 131

Data Lending Michigan Regulation 131

PYMNTS

AUGUST 13, 2020

But that’s a start rather than a finish, Evers said, noting that direct deposit only works for customers with traditional bank accounts and debit cards that can be used as a proxy for pushing funds to the consumer. I think especially in times of crisis, we have to look at what a sound digital payout strategy can do.”.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

OCTOBER 12, 2016

Q2 Holdings, a provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced on Tuesday (Oct. Far too many institutions are simply unable to quantify the impact of card breaches. It’s guesswork at best,” said Tim Kindschuh, CentrixDTS product manager, in the press release.

Fraud 100

Fraud Tools Cards Management 100

PYMNTS

APRIL 23, 2019

We didn’t really have enough budget to hire a lot of great people in compliance,” he said. Revolut now has a compliance team that is more than 200 people strong with plans to double the size of the compliance team over the course of the next year. and as a result may need to raise more money this year.

Compliance 168

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PYMNTS

SEPTEMBER 23, 2020

There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud. British banks spend upward of £6.7 Deep Dive: How Banks Are Threatened With Identity Fraud. billion ($8.9

Technology 208

Technology Report Fraud Study 208

Gonzobanker

APRIL 8, 2020

If it’s full of industry acronyms, wonky terms or compliance-ese, or if it comes across as a cheesy sales pitch, it needs to be rewritten. CMS and digital banking – Today’s regulatory environment will not tolerate a bank sending batch content updates to a vendor using a proprietary CMS requiring lots of manual intervention.

Leadership 173

Leadership Analytics System Digital Banking 173

PYMNTS

MAY 22, 2020

Wirecard, meanwhile, will offer its Banking-as-a-Service offerings, which include prepaid card issuing, loan services, digital banking tools and more. A banking license means heavy investments outside of one’s core product offering and into back- and middle-office functions,” he said. “It

Fintech 261

Fintech Lending Tools Risk Management 261

PYMNTS

JULY 31, 2019

They talked about how the payment card network is investing to help accelerate innovation in the FinTech space, and what that could mean for all of kind of companies — upstarts and relatively longer-term players alike — in the realm of digital payments. “The an effort that was already operating in Europe and Asia-Pacific.

Fintech 192

Fintech Innovation US Payments 192

FICO

JANUARY 4, 2023

FICO global survey finds customers want better fraud protection and more security from their digital banking channels. FICO’s 2022 consumer banking fraud survey shows that customers are split in their thinking on when they sufficiently trust a digital channel to apply for a new account, loan, or credit card. .

Fraud 52

Fraud Survey Security Digital Banking 52

PYMNTS

SEPTEMBER 19, 2019

By joining the network, Cross River will be able to give its clients the ability to send, settle and clear payments instantly, along with messaging capabilities, while ensuring compliance.

Payments 173

Payments Fintech Community Bank Compliance 173

PYMNTS

DECEMBER 9, 2019

“While many African countries have made great strides in their national digital identity programs, far too many of the continent’s residents face barriers when attempting to access financial services,” said Zac Cohen , COO of Trulioo. While rates in Ghana are higher, fewer than 60 percent of residents have a Ghana ID card.

Regional 131

Regional Compliance National System 131

PYMNTS

OCTOBER 1, 2019

The big uptick in losses corresponds to an uptick in the cost of sales, which is up 247 percent, according to Revolut – mostly pushed by a rise in costs to card scheme charges as well as user acquisitions. ” There have also been reports of compliance issues with the organization. One of the U.K.’s

United States 109

United States Maine Compliance Cards 109

PYMNTS

NOVEMBER 10, 2020

Some smaller players are looking to avoid shouldering the regulatory compliance work involved in serving additional global markets by turning to already-licensed partners. United States-based neobank Unifimoney , for example, recently partnered with Singapore-based FinTech Nium to deliver compliant cross-border transfers from U.S.

Report 216

Report Fintech United States Meeting 216

FluentBanking

APRIL 1, 2020

Banks in the country started implementing single digit 9.0 per cent interest rate for all kinds of loans except credit cards in compliance with the government directives, reports UNB. The Bangladesh Bank on February 24 in a circular asked all scheduled banks to charge highest 9.0

Lending 81

Lending Meeting Industry Compliance 81

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. The industry is looking for basic banking services,” she said. “The The industry is looking for basic banking services,” she said. “If

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

JANUARY 21, 2019

The government was the only place that got stuck in pause this week – the card networks also found themselves on hold in China. But one at least get the impression that card networks, like the rest of payments and commerce are at least trying their hardest to move forward. Card Networks Have Trouble Getting Into China.

Data 122

Data Cards Payments Marketing 122

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Community Software Innovation 170

PYMNTS

JUNE 17, 2019

“Some banks see this as a threat to how they do business,” Samuel-Ogbu said, describing one of the challenges that face these ongoing efforts in open banking. This means the focus as been more on compliance with PDS2 rather than commercialization. You need incentives to swallow up the slightly clunky user experience,” she said.

User Experience 196

User Experience Examples Innovation Cards 196

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

Customer Experience 59

Customer Experience Survey Fraud Cards 59

CFPB Monitor

OCTOBER 22, 2020

and in other countries, and does not require or promote the use of any particular technology in order to develop compliance systems. To date, most consumer-authorized third parties have accessed consumer data through data holders’ digital banking portal using digital banking credentials the consumer shared with third parties.

Data 78

Data FDIC Digital Banking Compliance 78

PYMNTS

OCTOBER 27, 2019

In the bid to streamline and cement digital – and trusted – interactions between consumers and businesses, Turner said, Mastercard is entering new industries using assets that the card giant already has in place. Those guidelines include the need for consumer protection and regulatory compliance. Making Waves With Blockchain.

blockchain 101

blockchain Guidelines Fintech Fraud 101

PYMNTS

OCTOBER 27, 2019

In the bid to streamline and cement digital – and trusted – interactions between consumers and businesses, Turner said, Mastercard is entering new industries using assets that the card giant already has in place. Those guidelines include the need for consumer protection and regulatory compliance. Making Waves With Blockchain.

blockchain 100

blockchain Guidelines Fintech Fraud 100

FICO

DECEMBER 13, 2022

While many FIs have worked to streamline digital banking experiences, they have constantly had to add friction back into processes to prevent fraudster tactics, like SIM swaps, account takeover, and impersonation scams. Sarah Rutherford manages solutions marketing for FICO's fraud, cybercrime and compliance business.

Fraud 52

Fraud Security Survey Customer Experience 52

Fintech Labs Insights

MARCH 15, 2024

Real-world Insights : Gain practical knowledge from successful AI application case studies Discover New Technologies : Explore new AI tools and services for finance Enhance Skills : Deepen understanding of AI through expert-led sessions Gain Competitive Edge : Leverage emerging technologies for market leadership Understand Regulations : Navigate AI (..)

Conference 15

Conference Las Vegas Fintech Case Study 15