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FTC?s Operation Main Street Helps Protect SMBs From Fraud

PYMNTS

The Federal Trade Commission (FTC) has announced a new law enforcement initiative targeting operations seeking to defraud small businesses. attorneys’ offices and the Better Business Bureau (BBB), the FTC has released the results of Operation Main Street: Stopping Small Business Scams. Postal Inspection Service, two U.S.

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How Big Tech And FinTech Are Trying to Save Main Street SMBs

PYMNTS

Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely on daily sales for traffic. Also looking to give Main Street merchants an easier way to set up digital shop online is OfferUp.

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Financial Services Security Outcomes Study

Cisco

Every year, Cisco conducts the Security Outcomes Study (SOS), a fully anonymous survey of over 4,800 active IT, security, and privacy professionals from around the world. This is reflected in the correlation of security practices to top risks, the importance of executive awareness, and the development of a firm-wide security culture.

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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. Consumers expect secure and fast access to digital tools. FinTechs Help Main Street Find Its Footing. The Flaw In Demonizing Big Tech. SBA reports show that $510.5 Trackers And Reports.

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Bank Product Profitability and Productivity

South State Correspondent

Not All Bank Products Are the Same One of the main findings of the study is that the liability side drives most of the cross-sectional variation of bank value. One tactic is to utilize other products to support the main value drivers. The answer is – most likely. While some banks do, many do not. The same goes for transaction accounts.

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PSD2 Creates Turbulence For Travel Operators

PYMNTS

PSD2 may have a greater effect on payments, even outside the EU, as consumers all over the globe are clamoring for more data security. In the past, typically retailers — not just travel companies — had to make a choice really between frictionless [payments] and security,” he said. What’s N ew In PSD2. Eighty percent of U.S.

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Chase and Intuit Launch API for Secure Customer Data Sharing

Bank Innovation

Chase and Intuit may have just solved the main issues with account aggregators. The companies signed an agreement this morning, giving customers the option to authorize Chase to electronically share financial data securely with Intuit’s financial management applications, such as Mint, TurboTax Online and QuickBooks Online.

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