US Bank eyes ‘autonomous banking’ future

Bank Innovation

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U.S. Bank: How Legacy Systems Impede Open Banking Adoption

PYMNTS

Application programming interfaces (APIs) and open banking are being harnessed to face these obstacles in turn, but their implementation has been slow in much of the world, including the U.S. US Bank on the Challenges Impeding Open Banking Adoption for B2B Payments.

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Will ‘Zombie Companies’ Eat The US Economy?

PYMNTS

Will so-called “zombie companies” soon do the same to parts of the U.S. In an age where U.S. Non-financial corporate debt was already high even before COVID-19, equating to nearly half of U.S. You know the setup — the one that’s part of seemingly every horror movie ever made.

US Treasury Tells Banks To Treat Hemp Businesses Like Any Other

PYMNTS

In updated rules from the Financial Crimes Enforcement Network ( FinCEN ), the U.S. Retail AML Banks financial regulation FinCEN hemp know your customers Marijuana News Regulator US Treasury What's Hot

US 275

U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

EXCLUSIVE- U.S. The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […].

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HSBC to focus on tech in U.S. branch expansion plans

Bank Innovation

trillion in assets, is making technology a core component of U.S. The bank today announced the opening a new location in Cupertino, California, along with 50 planned new branches in the U.S. HSBC, a top global bank with $2.6

US 266

Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S. A similar view was shared by VMWare’s Kellerman, who had advocated for the passage of U.S. ” A memo included with the subcommittee’s documents also pointed to the U.S.

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US Bank launches API portal for third-party developers

Bank Innovation

Bank launched a suite of API tools this week to support third-party app developers in their efforts to build services that can securely connect to U.S. In an apparent shift from the traditional, walled-garden approach of large banks, U.S.

US 195

US Moves To Curb Pirated eCommerce Goods

PYMNTS

The U.S. The combined effort by U.S. The U.S., eCommerce Amazon china counterfeit Department of Homeland Security ecommerce enforcement knockoffs News us What's Hot

US 216

Facing pressure, HSBC rethinks US strategy

Bank Innovation

trillion in assets, is blazing a new path for its U.S. HSBC, a global bank with $2.7 business as it cuts $4.5 billion in costs and reallocates capital away from underperforming units.

US Banks Shun Money Transmittal

PYMNTS

According to a report in The New York Times , while Mexico is the largest destination for money transfers from the U.S., billion was sent from the U.S. It also means limited options for those living in the U.S.

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US Bank’s White: Digital banking is now more than DIY

Bank Innovation

It’s a reality for which U.S. Carousel Innovation Strategy Product Design Retail Banking Sales & Marketing BNY Mellon innovation strategy Mobile banking US Bank

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German payments giant Wirecard targets US with new app

Bank Innovation

Wirecard, a Germany-based payments firm that works with brands and retailers, recently launched its first U.S. contactless payment Europe mobile application U.S. mobile application in an effort to expand its reach across the Atlantic.

US 209

U.S. Bank Wants To Remove Passwords From Login in 2017

Bank Innovation

Biometrics and behavioral analytics are taking over banking apps for good, and U.S. Corporate Operations Technology authentication behavioral analytics cybersecurity US Bank

US 353

US consumers reluctant to embrace contactless payments

Bank Innovation

While U.S. The study queried 350 merchants and 1,350 consumers in the U.S.

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Europe as a model for US payment security

Mobile Payments Today

Efforts by European regulators to provide stronger authentication could serve as a model for payments in the U.S., as multi-factor authentication is already available in mobile wallets like Apple Pay

US is now Afterpay’s largest customer market 

Bank Innovation

Afterpay’s efforts to embed itself in the U.S. The point-of-sale lender announced this week it has more U.S. This is the first time since the company’s 2014 launch that its U.S. retail ecosystem are showing results.

US Bancorp Reduces Growth Forecast

PYMNTS

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Multiple large U.S. As rate pressures have abated, bank stocks in the U.S. In mid-day trading, shares in U.S. In separate news, U.S.

US 179

US Bank expands AI insights in its mobile app

Bank Innovation

Through its latest app upgrade, U.S. Artificial Intelligence Carousel Customer Experience Daily Post 1 Premium Product Design Retail Banking Bank of America Erica Fifth Third Huntington Nomi RBC US Bank Zelle

US 195

US Chamber Warns Of Virus Lawsuits In Businesses Reopening

PYMNTS

The U.S. Coronavirus businesses COVID-19 Lawsuits News u.s.

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US Bank, BBVA, Paykey grab top BCX awards

Mobile Payments Today

Bank, Sampath Bank Sri Lanka and First Commonwealth Federal Credit Union won honors during an awards dinner this week at the seventh annual Bank Customer Experience Summit at the Loews Chicago Hotel

Q1 2020: US credit card issuer snapshot

Accenture

The post Q1 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog. Key themes In Q1 2020, the impacts of COVID-19 on issuer earnings were still relatively mild in terms of portfolio growth and losses.

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US Bans Chinese Facial Recognition Tech

PYMNTS

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. As a result, the United Stated has banned government agencies from buying Hikvision products, and now there are rumblings that the company might be facing a ban on on importing U.S.-made

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Lawsuit Alleges Toys R Us Execs Bilked Company During Bankruptcy

PYMNTS

Co-Chairman of Bain Capital Josh Bekenstein, then Toys R Us CEO Dave Brandon, former Chief Financial Officer Michael Short and former Chief Merchant Richard Barry are all named in the lawsuit. Retail bankruptcy fraud Lawsuit News Toys R Us Tru Kids What's Hot

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Afterpay taps Marqeta to fuel US growth strategy

Bank Innovation

Australia-based Afterpay operates in several countries, including the U.S., Marqeta, a card issuing and processing startup, is partnering with installment lender Afterpay to provide payments solutions for merchants in North America.

Inside Alipay's post-pandemic U.S. e-commerce push

Payments Source

Three years ago, Alipay began its brick-and-mortar conquest of North America, promoting acceptance of the Alibaba affiliate Ant Group's mobile wallet at shops targeting Chinese tourists, eventually reaching thousands of U.S. and Canadian stores. Online payments Ant Financial Cross border payments China

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Massive cyberattack on the US wholesale payments system (simulation but real?)

Chris Skinner

One report you may have missed was this one: CyberRisk and the U.S. Financial System: A Pre-Mortem Analysis from The New York Fed and released in January.

System 360

Fed Data: The U.S. Economy Is Reopening, But Not Rebounding

PYMNTS

Yes, the U.S. For now, the Federal Reserve Beige Book released on Wednesday (May 27) found that U.S. The Beige Book, in which the Fed surveys businesses about conditions across the country, found that declines continue to be entrenched despite a gradual reopening of at least some U.S.

U.S. Bank Wallet? Not Yet

Bank Innovation

Online Payments Android Pay Apple Pay Bank of America mobile wallets Samsung Pay US BankBank would launch a mobile wallet, if a customer need arises, a spokeswoman told Bank Innovation.

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US Senate Committee Weighs Pros And Cons Of Digital Dollar

PYMNTS

Digital dollar advocates told a U.S. Christopher Giancarlo, former chairman of the U.S. But Giancarlo said a digital U.S. He said a similar U.S. Nakita Cuttino, a visiting assistant law professor at Duke University School of Law, said the current U.S.

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U.S. Bank’s Venturo sees 5G as ‘enabler’ for IoT innovation

Bank Innovation

Dominic Venturo, executive vice president and chief innovation officer at U.S. The focus of the innovation group at U.S. Bank Innovation Build 2019 Daily Post 1 Exclusive IoT & Wearables Operations & Best Practices Bank Innovation Build identity verification IOT US Bank

U.S. Bank Reaching Beyond Branches as 71% of Active Customers Are Now Digital

Bank Innovation

Coming off the launch of a revamped mobile app and the hiring of the bank's first chief digital officer, U.S. Lending Payments Premium Retail BBVA branch banking digital banking Mobile banking US Bank

RBC to launch retail bank for US customers

Bank Innovation

Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. You’ll see us likely launch a direct-to-consumer bank in the United States sometime at the end of this year or early next year, really focused on a higher net worth customer, not dissimilar to some of […].

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Fintech Growth in U.S., U.K. Makes Regtech Next Battleground

Bank Innovation

With an anticipated wave of de-regulation, neither the U.S. fintech U.S. nor the U.K. wants to apply the old way of regulation to the fintech firms that are becoming the new norm for financial services. Could regtech be the solution?

US 292

With Mastercard, Revolut aims for US market

Bank Innovation

based company, which operates in Europe and Australia, announced two major milestones this week: a tie-up with Mastercard that will help fuel a planned U.S. Digital banking and stock trading app Revolut, which boasts 8 million customers, is in the midst of a global expansion effort. The U.K.-based