PYMNTS

DECEMBER 20, 2017

What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? While more speed may mean more endorsement money for athletes, it means faster settlements and more efficient business for commercial banking customers. They all have an appreciation for speed.

Payments 209

Payments United States Digital Banking Fraud 209

ZootBlog

MAY 18, 2016

This is the first in a two-part series as we look more deeply at fraud concerns and best practices for managing this ever-changing threat. Over the past couple of weeks we’ve been discussing fraud mitigation strategies on ZootBlog—everything from EMV chip cards to encryption, tokenization, and biometrics.

Fraud 67

Fraud Taxes United States Study 67

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

PYMNTS

MAY 27, 2020

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. Deep Dive: Offering An End-To-End Customer Experience Through ATMs.

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ATM Innovation Meeting United States 243

Gonzobanker

JUNE 7, 2023

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. It’s only a matter of time for retirees to get a rewrite of digital banking. Well, it happened. You’ve been the everything to everyone.

Los Angeles 117

Los Angeles Fintech Digital Banking Tools 117

PYMNTS

AUGUST 23, 2019

Among the stories we ran over the past few days is a deep look at the problems with Chase Pay, new information about AI fighting fraud, new research into the gig economy and subscriber churn, and a feature about the risks of online disaster relief efforts. Visa Debuts AI-Powered Fraud Fighting Tools. Trackers and Reports.

Lending 109

Lending North Carolina Fraud United States 109

PYMNTS

SEPTEMBER 4, 2020

We dive into PayPal's installment options, consumer trust in digital banking, and Walmart and Amazon's battle for the digital consumer. In the Leveraging The Digital Banking Shift , PYMNTS surveyed more than 2,200 consumers to reveal why banks must make trust and fraud concerns top priorities in the current economic climate.

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Survey New York City Digital Banking Online 175

PYMNTS

DECEMBER 29, 2020

Getting on board with a new payment system — especially one that sends funds irreversibly and in real time — requires FIs to make many changes to internal processes like fraud-fighting s trategies. This friction and limited usability could seriously impede companies’ payments experiences with the rails.

Payments 311

Payments Strategy United States Report 311

PYMNTS

AUGUST 22, 2018

Researchers said they expect fraud rates to remain consistent in the coming years, even despite new fraud prevention solutions, regulations and legislations aimed at stopping cybercrime, leading to the increased number of consumer records available online.

Trends 101

Trends US Fraud Security 101

PYMNTS

NOVEMBER 17, 2020

Consumers’ banking habits have changed radically since the pandemic was first declared in March. Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been.

UX 234

UX Mobile Data United States 234

PYMNTS

APRIL 2, 2020

A digital infrastructure overhaul that boosts CUs’ online presences, accelerates new product and service introductions and improves staff productivity can help CUs expand their customer bases and operations, according to Timothy Anderson, CEO of United States Senate Federal Credit Union (USSFCU).

United States 174

United States Security Innovation Mobile 174

PYMNTS

NOVEMBER 13, 2018

The push comes as banks — newly gathered together through the Better Identity Coalition — grapple with the challenges of onboarding new clients in an age where data breaches seem to be an almost daily occurrence and where synthetic ID fraud is ramping. Banking done online has its lures, speed and convenience among them.

Fraud 128

Fraud Security United States Analytics 128

Insights on Business

DECEMBER 27, 2017

On the back end, banks are processing structured and unstructured data and turning that into actionable intelligence for customer acquisition and retention, while using the same data for modernized fraud prevention and detection. Banking the unbanked in India”. An example of this is India’s 2015 Digital India initiative.

Fintech 129

Fintech blockchain Fraud United States 129

PYMNTS

FEBRUARY 14, 2020

None of these things are necessarily deal-breakers on a digital journey, DataVisor’s CEO and Co-founder Yinglian Xie told PYMNTS, but they are certainly an annoyance. What is necessary, Xie said, is a different, more holistic paradigm for combating fraud — with a wide aim of not adding more authentication steps.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

OCTOBER 8, 2019

Three months away from the end of 2019 and the dawn of the 2020s, the state of the credit union is stable, due to a healthy foundation that is already in place, according to Charles E. He said CUs could drive loyalty by delivering seamless experiences that cut across physical and digital channels. Chuck) Fagan, CEO of PSCU.

United States 102

United States Millennials Course Lending 102

Gonzobanker

MAY 4, 2020

Here are a few of the recent deals (in no order) that caught my attention: MVB Financial/Paladin: MVB, a mid-size bank with a stated focus on serving fintechs, acquired Paladin, a specialty fraud prevention company with a suite for merchants, credit agencies, fintechs and vendors. The transaction has not yet closed.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

JULY 10, 2020

The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,” Regulation Vs. Market Forces. Cohen said.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

JULY 16, 2018

Citizens Rolls Out Digital Bank. Citizens Financial Group officially announced the launch of its nationwide, direct-to-consumer digital bank earlier this week: Citizens Access. The Citizen Access digital bank will also be marketed separately from Citizens’ current branch footprint.

Cards 100

Cards Data Digital Banking Retail 100

PYMNTS

MAY 29, 2020

NEW DATA: Inside Main Street SMBs’ Digital Shift. The lockdown of the United States economy quickly and radically changed the way consumers browsed, shopped and paid for services as well as goods — and not all small and medium-sized businesses (SMBs) were prepared. SBA reports show that $510.5 Trackers And Reports.

Maine 130

Maine ATM Innovation Millennials 130

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

Innovation 15

Innovation Fintech Online Mobile 15

CB Insights

JULY 25, 2019

Startups are now eyeing opportunities to develop fintech services aimed at helping older individuals improve their financial well-being, from estate planning to fraud prevention, aiming to provide this potentially lucrative — and increasingly tech savvy — demographic with more power over their finances. Source: Deloitte.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

APRIL 27, 2017

The United States bore the brunt of this rise, Haley said, in a number of ways. Symantec saw new levels of cybercriminal ambition in 2016 — record identities exposed in data breaches, digital bank heists, DDoS attacks powered by IoT devices and, perhaps most notably, a rise in attacks on government entities and nation-states.

US 124

US National Security United States 124

PYMNTS

APRIL 28, 2017

The United States bore the brunt of this rise, Haley said, in a number of ways. Symantec saw new levels of cybercriminal ambition in 2016 — record identities exposed in data breaches, digital bank heists, DDoS attacks powered by IoT devices and, perhaps most notably, a rise in attacks on government entities and nation-states.

Security 157

Security Software National Report 157

FICO

FEBRUARY 5, 2018

How is application fraud evolving? And what should fraud leaders be doing to manage fraud risk in a digitally connected world? To answer those questions, we spoke with a man with 25 years of experience in fraud management, Bob Shiflet. This balancing act ultimately requires banks to set a fraud risk appetite.

Fraud 60

Fraud Management Analytics Strategy 60

PYMNTS

OCTOBER 11, 2019

Inside Synchrony Financials’ AML Playbook (Feedzai Digital Banking Tracker). Consumers have noticed the rising levels of fraud in digital banking, while fraudsters are relying on technologies such as machine learning (ML) and artificial intelligence (AI).

Cards 116

Cards Online Houston Digital Banking 116

Fintech Labs Insights

NOVEMBER 18, 2014

So in semi-prioritized order, here are six myths that continue to hamper the strategic planning of retail banks (at least in the United States). Myth 1 >> Bank branches are needed for "complex" financial matters Truth : Branch banking is on the way out Prediction : The U.S.

Lending 30

Lending Mobile Online Digital Banking 30

CB Insights

AUGUST 23, 2018

Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. JPM’s evolving suite of digital banking apps. JMP’s evolving suite of digital banking apps.

Cards 76

Cards Mobile Strategy Branding 76

PYMNTS

JANUARY 2, 2017

DIGITAL BANKING TRACKER. The Digital Banking Tracker looks at how old ways of banking are evolving with the advent of faster technology that allows customers to get real-time updates on their accounts, share money with ease among contacts and even open accounts with a selfie. FASTER PAYMENTS TRACKER. MPOS TRACKER.

Retail 123

Retail Millennials blockchain Mobile 123

Fintech Labs Insights

JUNE 3, 2021

72 (t) Forter: $3B US ecommerce fraud specialist. #97 India-based banking technology startup. United States. United States. United States. United States. United States. United States. United States. United States. 2018 round.

United States 15

United States Fintech US Technology 15

Fintech Labs Insights

MAY 3, 2021

US-based fraud specialist. United States. United States. United States. United States. United States. United Kingdom. United States. United States. United States. United States. Tinkoff Bank. Value Date.

United States 15

United States Fintech US Company 15

Gonzobanker

DECEMBER 14, 2023

A lover of picking bank stocks and playing piano who served our country in the U.S. which provides digital banking videos and user guides to help FIs increase their customers/members’ digital adoption. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Paul Murphy, founder of Murphy & Co.

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Fintech Community Regional Technology 194