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Now is the time to prepare for the FedNow launch

Independent Banker

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

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BankMobile Is One Of Six New FIs To Offer Smart Digital Bank Accounts Via Google Pay

PYMNTS

banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year.

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SchoolsFirst Federal Credit Union’s Lesson In P2P Security

PYMNTS

Although only 60 banks and credit unions (CUs) have made Zelle available to their customers, approximately 230 have signed up for the service. While some larger financial institutions (FIs) have joined the platform, regional community banks and CUs account for 85 percent of Zelle’s participants.

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FIs Embrace FinTech Collabs With An Eye On Functionality

PYMNTS

In a PYMNTS interview , NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around the globe. “Open banking promises to bring benefits to consumers and businesses alike but also carries some threats,” he said. Arvest Bank Taps Finzly Platform.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Customers can store all of their online profiles in one secure location to improve user experience. Looking for banks or credit unions. Started talking about the challenge of having to change credit cards all the time (due to fraud). This is an extension of business services, powered by a local community bank.

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A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

For developers, our SDK’s open up a whole world of possibilities to not only minimize fraud but also remove annoying friction such as False Rejects. Its panel will demonstrate how its API integration allows for the most seamless consumption of Emailage fraud-risk assessment. Fidor Bank introduced community banking five years ago.

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37 Corporate Innovation Labs In Finance

CB Insights

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Notable projects: Eye-tracking solution Eyevido was discovered by the Deutsche Bank Berlin Lab as a very early-stage startup. FIS Global — FIS Innovation Lab.