PYMNTS

JANUARY 18, 2021

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. Yet the new bill fails to address the gaps that allowed for fraudulent activity among some businesses that had secured PPP loans in the first round of stimulus, the publication alleges.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

OCTOBER 10, 2018

Regal Software has announced a collaboration with Mastercard that enables financial institutions to support virtual corporate payments. In a press release , Regal said its agreement with Mastercard will allow banks to provide an integrated payables platform that supports virtual card payments.

Community Bank 134

Community Bank Community Cards Software 134

Independent Banker

DECEMBER 31, 2022

The payments landscape is evolving, and customers’ needs are changing. Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. Top trends in payments. Adopt faster payments.

Trends 140

Trends Payments Community Bank Texas 140

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. EVO Payments Wields Visa Rails for Merchants. BitPay Secures Wyre Integration.

Innovation 291

Innovation Payments cryptocurrency Cards 291

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” payment system and keeping pace with the rapidly evolving and expanding threat environment.”.

Security 100

Security Payments Boston Fraud 100

Independent Banker

APRIL 30, 2022

As consumers’ changing preferences prompt community banks to deliver new technologies, here are some of the top trends to keep your eye on. What developments will affect business payments in the short to medium term? What developments will affect business payments in the short to medium term? By Mary Yerkes. are now contactless.

Trends 144

Trends Payments Community Bank Community 144

Independent Banker

AUGUST 31, 2022

Social payments methods like Venmo and Cash App continue to grow in popularity, and the data is there to prove it, creating an opportunity to give customers what they want: 24/7 access to cashless, P2P and mobile transactions. So how do social payments fit in community banks’ long-term future? The community bank opportunity.

Capital 94

Capital Payments social media Community Bank 94

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services. Following approval by the Federal Deposit Insurance Corporation (FDIC) and Washington, D.C.’s

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

DECEMBER 14, 2020

Payment service provider PayFort , which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments.

Payments 199

Payments Fraud Video Regional 199

Payments Dive

FEBRUARY 22, 2018

TNSConnect from TNS provides secure, fully managed, resilient connectivity for the transmission of credit, debit, gift, loyalty, eCommerce and other transaction types. Download this product sheet for an overview of this end-to-end service.

Management 186

Management Community Payments Security 186

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

South State Correspondent

MARCH 19, 2024

In a future article we will discuss how community bankers may structure their commercial loan products to maximize cross-selling and upsell opportunities. With proper tools and strategies, community bankers can upsell and cross-sell their products to maximize profitability. In banking, those numbers are markedly different.

Community Bank 195

Community Bank Community Industry Cards 195

PYMNTS

AUGUST 3, 2017

The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. faster payments system, efforts by NACHA to standardize APIs across the industry and recent investments in blockchain solutions.

Community Bank 117

Community Bank Community Report Millennials 117

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. Expectations are changing, too.

Payments 229

Payments System Operations Training 229

PYMNTS

APRIL 18, 2019

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

blockchain 167

blockchain Security Tools Taxes 167

PYMNTS

SEPTEMBER 3, 2020

Only 26 percent of all consumer payments are made in the U.S. Beyond the wholesale shift to digital payments, Cole told PYMNTS in a recent interview, there are pockets of growth that are seeing more digital acceleration than others as lockdowns linger and businesses reopen on a staggered basis. The Demographics .

Payments 262

Payments Security Millennials Retail 262

Abrigo

APRIL 21, 2020

Key Takeaways Beneficial State Bank, a Community Development Financial Institution (CDFI) was able to award SBA approval for 333 Paycheck Protection Program loans worth $94.5 Pulling out all the stops for the community. CDFI will continue to fine-tune system to help community. million before funding ran out April 17. Learn More.

Security 195

Security Lending Community Oakland 195

PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). ” Fiserv, FIS and Jack Henry have secured 90 percent of U.S.

Community Bank 123

Community Bank Community New Jersey Fintech 123

PYMNTS

DECEMBER 10, 2019

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members.

Security 130

Security Illinois User Experience Digital Banking 130

PYMNTS

SEPTEMBER 4, 2019

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. In other news, PwC Luxembourg announced that it will start accepting bitcoin payments from its clients on October 1. Given this, the need for devices optimized for blockchain seems clear.

blockchain 166

blockchain Bitcoin Security Payments 166

PYMNTS

MARCH 17, 2020

To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs — especially incumbent FIs — are facing rapid changes in payments that demand they modernize payments processing, embedding new functionality along the way. The Need For Standardization In Cross-Border Payment Processing.

Innovation 228

Innovation Payments System Security 228

PYMNTS

JUNE 24, 2020

Visa and the Dutch FinTech TerraPay said they plan to develop and deliver “payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.”. “Interoperability is key to a digitally connected payments ecosystem.”.

Payments 243

Payments Fintech Course Operations 243

PYMNTS

MARCH 17, 2017

Keeping payments infrastructures safeguarded against the growing threat of cybercriminals is a never-ending battle. That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. Here is an excerpt of the conversation.

Innovation 108

Innovation Security Payments Mobile 108

PYMNTS

OCTOBER 22, 2018

SWIFT announced Monday (October 22) the launch of Payment Controls, a new in-network solution to combat fraudulent payments and to help strengthen customers’ existing security. SWIFT said in the press release that Payment Controls is an important way to protect firms as the frequency and speed of payments increases.

Payments 122

Payments Fraud Security Community 122

PYMNTS

APRIL 3, 2020

Sweden is the latest country to join the European Central Bank’s (ECB) instant payments platform in an effort to ease electronic payments. It will allow providers of payment services to transfer and settle their customers’ funds in real time, 24/7, and settle the payments in central bank money. million per day. “In

Payments 187

Payments National Policies Community 187

PYMNTS

DECEMBER 23, 2019

Although Finly did not disclose how much it raised, the company did note it plans to deploy the capital to focus on imbedding business intelligence within its suite of services, which includes B2B payments, eProcurement services and expense management capabilities.

Security 131

Security Capital Fintech Community 131

PYMNTS

AUGUST 9, 2019

In other security news, phone numbers can provide a treasure trove of information about a consumer who is trying to open an account with an online merchant, onboard to an online service or sign up for a new banking account. billion: Approximate cost of SCA noncompliance for the European online community. who possess phone numbers.

Security 116

Security Fraud Data Online 116

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. reports said.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

PYMNTS

MAY 25, 2017

In recent weeks, companies have rolled out several different types of Payments-as-a-Service (PaaS) solutions that are designed to help both online and brick-and-mortar merchants. News from the Payments-as-a-Service Landscape. To download the May edition of the PYMNTS.com Payments-as-a-Service Tracker™ click the button below….

System 124

System Community Payments Report 124

PYMNTS

MAY 31, 2019

Families with multiple kids in such programs may need to spend $6,000 to $8,000 all at once, explained Rebecca Nystrom Brito, member development specialist at Community First Credit Union. Community First has been offering youth agriculture loans of $100 to $2,500 at 0 percent interest for five years. Technology Tools .

Community 115

Community Lending social media Cards 115

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access.

Innovation 210

Innovation Payments Tools Compliance 210

Bank Innovation

FEBRUARY 19, 2019

The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. Exagens Corp.,

Innovation 240

Innovation Community Capital Fintech 240

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Corporate travel management platform TripActions said in a press release that its TripActions Liquid payments and expense system now integrates with leading corporate finance systems.

Security 139

Security System Guidelines Retail 139

Payments Source

FEBRUARY 11, 2020

Relying on a "community-based" fraud approach can reduce friction and abandonment, increase sales and revenue, delight your customers, and help protect your brand and reputation, says Accertify's Jeff Wixted.

Security 76

Security Fraud Payments Community 76

PYMNTS

NOVEMBER 16, 2018

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. ” Analysis has also found that community banks are playing a larger role in small business lending. In another statement, BNB Bank EVP and Chief Lending Officer Kevin L. .

Community Bank 134

Community Bank Community Lending Analysis 134

Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

Innovation 360

Innovation Big Data blockchain Trends 360

PYMNTS

JULY 24, 2019

While commercial real-time payments became available in the U.S. But this has been the domain of larger financial institutions, especially when community banks and credit unions are included. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks.

Payments 167

Payments Survey Community Bank Fraud 167