PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

Strategy 123

Strategy Innovation Fraud Security 123

PYMNTS

DECEMBER 5, 2019

Envestnet | Yodlee has already partnered with more than 1,200 financial institutions and FinTech innovators, including most of the top 20 U.S. As a result, consumers can share their information without the need to store their usernames or passwords on the platform. consumer and community banking business of JPMorgan Chase.

Data 132

Data United States Community Bank Fintech 132

Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

Management 113

Management Payments Innovation Technology 113

Chris Skinner

MAY 12, 2017

He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga. Chris has been voted one of the most influential people in banking by The Financial Brand. We are seeing big changes to encourage innovation.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

JANUARY 7, 2019

Amid that growth, many of those lenders stated they have been using alternative data in tandem with what might be termed “traditional” information as they make credit decisions. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

SEPTEMBER 24, 2019

“Now, helping make SWIFT Cloud Connect real, we are pleased to collaborate with Microsoft to leverage their cloud expertise and advance the frontiers of financial technology, offering a new level of service for SWIFT participants.”. Using a cloud-based solution will boost transaction speed, consistency and security.

Payments 119

Payments New York Security Operations 119

PYMNTS

JULY 30, 2020

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

San Francisco 159

San Francisco User Experience Cards Customer Experience 159

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. The recent payouts by the U.S.

Payments 172

Payments Fraud Security Technology 172

CFPB Monitor

JUNE 5, 2019

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). Arizona was the first state to create a fintech sandbox and we will soon be publishing a blog post about Utah’s new fintech sandbox.)

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

PYMNTS

AUGUST 27, 2019

According to PYMNTS’ Credit Union Innovation Index , 65 percent of CU members said they chose a CU as their primary financial institution (FI) because they trusted it, as opposed to 45 percent of non-CU members who said the same. While the PYMNTS study found loyalty programs are members’ most popular desire at 49.1

Data 122

Data Report Los Angeles California 122

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. keep me informed. Whitepaper.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 14, 2016

According to the resolution, digital currencies increase transparency and provide more secure payment authentication. Blockchain is considered to increase trust in financial services because blockchain ledgers are tamper-proof. Also, transactions in blockchain can contain large amounts of data, providing opportunities for scale.

blockchain 100

blockchain US Regulation National 100

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. banks have to analyze AML regulations before even beginning to innovate, and the rules in question change often.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

DECEMBER 12, 2018

That product is Plaid — a tech platform that uses application program interfaces (APIs) to securely connect a consumer’s bank account to a third-party that wishes to use the account to enable a financial services transaction. We are in inning one of a transformation.

Fintech 149

Fintech Capital Financial Technology Innovation 149

PYMNTS

NOVEMBER 11, 2016

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. Russia is known for many things, but being a breeding ground for startups and tech innovation isn’t necessarily at the top of the list. Changing The Approach To Innovation.

blockchain 165

blockchain Innovation Marketing Technology 165

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote. We are excited to see you all this week at SIFMA 2018.

Conference 70

Conference Fintech blockchain Compliance 70

NCR

FEBRUARY 22, 2016

Banking institutions and financial technology startups are putting their differences aside and working to find common ground. The chasm that has traditionally existed between the two is due primarily to their divergent approaches in providing financial services. Security and Compliance. Document management.

Innovation 40

Innovation Compliance Security Data 40

PYMNTS

JULY 19, 2018

Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk. Patent and Trademark Office earlier this month for a blockchain-based proof of payment technology.

Fintech 117

Fintech blockchain Technology Examples 117

Insights on Business

JULY 20, 2017

You can understand and compare products only if they are described in a consistent way and the information is easy to access. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Banking products are transparent and easy to compare.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

APRIL 7, 2020

Bottomline Technologies announced last week that it has tailored its account opening solution into a platform through which lenders can — free of cost — digitally collect all of the information on an SMB required to process a PPP loan application. Both categories stand to gain from automated financial technologies.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

APRIL 18, 2019

The Wave financial technology platform, he said, at base, is designed to handle the bookkeeping and tax complexities for its micro-merchant customers as they generate invoices and collect funds. It’s not secure at all, yet it’s what customers know and trust. However, he noted, that is literally what writing a check involves.

Taxes 226

Taxes Payments Cards User Experience 226

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Or, said more simply, Plaid provides an API layer that sits between banks and FinTech innovators who want to access bank account information for what they are doing and makes the connection possible.

Technology 101

Technology San Francisco Fintech Financial Technology 101

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. For more information and to enter a nomination, visit www.fico.com/decisionsawards.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

JANUARY 3, 2020

The limited information about Neon was shared on the Twitter account of Samsung and includes an “Artificial Human” teaser in several languages with the tagline “Have you met an ‘artificial’?”. JPMorgan Ups Security By Blocking FinTechs From Passwords. Might the coming year be marked by innovation at the point of sale (POS)?

Payments 108

Payments Samsung America Trends 108

NCR

JUNE 7, 2017

These financial technology, or fintech firms, have often been seen as a threat to legacy players, but there’s an increasing recognition that they can also present huge opportunities, if banks are able to effectively collaborate with them. The key barriers to fintech innovation.

Fintech 80

Fintech Cyber Security Innovation Examples 80

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. While Nubank is far from a household name in the U.S., And, according to Nubank, it’s just getting started.

blockchain 147

blockchain Payments Regional America 147

NCR

JUNE 1, 2016

That’s why we found this seminar titled “Beyond Bitcoin: The future of blockchain and disruptive financial technologies,” (the video is now online), conducted earlier this year by the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, so interesting, and we encourage you to take a look.

blockchain 40

blockchain Bitcoin Michigan Policies 40

PYMNTS

APRIL 3, 2018

In an interview with PYMNTS, Domach said that “we are very early in the journey with voice technology, especially when it comes to final financial technology.”. We have to be able to balance delivering clients’ needs on a scale that is convenient for them, while at the same time balancing security.”.

Mobile 124

Mobile Fraud New Mexico Examples 124

William Mills

FEBRUARY 7, 2017

Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience. Download the full report here.

Report 40

Report social media Customer Experience Industry 40

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. In many ways, RegTech can be viewed as an innovation enabler.

Innovation 100

Innovation Technology Regulation Fraud 100

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Reducing technology costs and local market savvy can enable community banks to become equal competitors in the mobile and digital footrace, but they’ll need to begin taking steps soon and planning strategically.

Mobile 105

Mobile Community Bank Community Technology 105

Social Assurance

NOVEMBER 15, 2019

Nebraska Innovation Campus. This week, the inaugural Flyover Fintech conference was held at the University of Nebraska–Lincoln’s Nebraska Innovation Campus. The goal of this conference was to bring together entrepreneurial innovators, financial services leaders and key policymakers to the center of everything fintech.

Conference 12

Conference Fintech Nebraska Software 12

Fintech Labs Insights

MARCH 14, 2016

The innovations in those applications ranged from blockchain technology and big data solutions to the latest in biometric security, investment management, and payments. NIIT Technologies. NuData Security. Vera Security. BaseVenture. Bay Street Labs. Envestnet | Yodlee. Ormsby Street. Payment Data Systems.

San Jose 12

San Jose Big Data Innovation California 12

CB Insights

DECEMBER 5, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. Aviva Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

JULY 16, 2017

The current and past investment strategies can inform the thematic areas where we might see P&C insurers invest in the future or where they might eventually make an M&A move, strike a big partnership, or build out new products. XL Innovate. The same group completed 20 investments in aggregate between 2012 and 2014.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135