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Making A Sizzling Leap Into Digital Banking

PYMNTS

The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits.

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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter

PYMNTS

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Mastercard’s Cyber Secure Uses AI to Help Banks Fight Cyber Fraud. The final chapter in the digital banking transformation has not been written.

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How SMBs’ Digital Banking Demands Change The KYC Challenge For Banks

PYMNTS

And when businesses seek to open a new account from their mobile phone or computer, KYC and AML – critical components of the onboarding process – must be approached with a digital-first strategy, in a significant disruption to the status quo of verifying identities in-person at the bank branch. Digital Banking, Digital Onboarding.

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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry. Growing Awareness.

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Jack Henry adds conversations tool, automations to core product

BankInovation

Jack Henry announced at the company's investor conference last week that it is integrating elements of its digital banking repertoire into its core solution set, including a conversation tool from the company's Banno Digital Platform that "goes beyond" artificial intelligence (AI)-based chatbots.

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AURIGA HONOURED WITH PRESTIGIOUS GLOBAL ATM INNOVATION AWARD

Bobsguide

The company received the award for WinWebServer ( WWS), its integrated ATM Acquiring solution, at a special ceremony during the ATMIA US Conference taking place in Orlando, Florida. The annual Peter Kulik Innovation Award celebrates innovations in the global ATM industry.

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Bottomline Technologies Reports 15 Pct Subscription and Transaction Growth

PYMNTS

Management noted that notable activity in the quarter came as 26 institutions selected Paymode-X, with intent to streamline payments processes and boost security. We are in the very early innings of the digital transformation of business payments,” said the CEO during the conference call. “It It is a huge opportunity.”