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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266
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Mastercard Q2 Earnings Preview: Increased Spending, Digital Payments Expected

PYMNTS

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. Many of the company’s SMB projects are overseas.

Payments 117
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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. But as for the lazy, well not so much. Which is pretty much everywhere.). That is a pick-up in speed from the current 24-hour wait period – and the cost of accessing funds instantly is $.25.

Arizona 116
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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Oh, and along the way, OnPoint will provide an amazing $2.5

Fintech 194
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Square Goes Cardless, Samsung Gets Retinal And Gmail Goes Mobile

PYMNTS

The newest service it is rolling out will allow consumers who frequent certain shops to pay with the information from cards they have already used. Card-on-file comes to the physical store. Square’s Card on File stores customers’ payment information for future use, with a few caveats. No card, no phone, no swipe, dip or tap.

Samsung 100
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New Investment in Tyfone Takes Total Capital to $12 Million

Fintech Labs Insights

The funds will be used to help speed the worldwide deployment of Tyfone’s ID and transaction security platform, and continue development on the company’s banking and payment products for FIs. With more than 100 issued and pending patents and customers including two of the top 10 credit unions in the U.S.,

Capital 12
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DAVO Technologies Collects, Files, and Pays Sales Tax on Merchants’ Behalf

Fintech Labs Insights

DAVO’s patented process automatically and passively collects, files, and pays sales tax for a merchant utilizing the ACH and card payments networks. This unique process integrates with a merchant’s POS and backend accounting packages, setting aside the total sales tax collected daily, holding it safe and secure.

Taxes 12