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Securing The New Commerce Normal

PYMNTS

For all that has changed dramatically in the last several weeks due to the coronavirus pandemic, consumers are still looking for the same two core offerings in every transaction, no matter what it is or where it takes place: seamlessness and security. An awful lot of other things have changed all around that core, however.

Security 323
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FDIC action against Tennessee bank emphasizes tech

American Banker

Brighton Bank entered a consent agreement with the regulator regarding violations of anti-money laundering laws.

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US Local Governments And The Slow Death Of The Check

PYMNTS

PYMNTS spoke with representatives from the department as well as officials from the Tennessee Department of Revenue and Texas Comptroller of Public Accounts to gain insights into how each approaches disbursements. There are currently no technological upgrades being explored by [our Texas] office,” Lyons said.

Oregon 131
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US Inches Toward Open Banking With CFPB Notice

PYMNTS

The solution, which secured about 20,000 SMBs to pilot the technology in the last year, provides deposit account and payment solutions that aim to compete with traditional banks that, as CEO and Co-founder Eyal Lifshitz described, "nickel-and-dime" businesses. First Horizon Bank Adopts NCR Technology.

US 203
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D3 Secures $10M For Digital SMB Banking Efforts

PYMNTS

Small business banking technology firm D3 Banking announced a new funding round led by West Partners on Monday (June 27), a move the firm said will help it invest in research and development. “As a company we have successfully completed the largest replacement projects in the history of the industry.”

Security 100
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Ascend Federal Credit Union On Protecting The Benefits Of ITMs

PYMNTS

Automated teller machines (ATMs) are a crucial piece of technology offered by nearly every financial institution (FI), allowing customers to check account balances and withdraw cash at any time of day without having to visit a physical branch. Keeping ITMs Secure. Identity fraud is also a massive threat to ATM security, Powers said.

ATM 154
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Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake

PYMNTS

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Using digital push payments can also help add security to B2B transactions, thanks to the cybersecurity measures that can be grafted into these processes.

Payments 257