3 Payments Trends to Watch in 2021

Mobile Payments Today

As 2021 rapidly approaches, many of us are hoping for better days after the whirlwind year of 2020. While COVID-19 has certainly had an impact on every industry, certain trends that began in 2019 continued to develop in 2020, and some of them may even blossom fully in 2021

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The Rise of Ransomware as a Service

PYMNTS

The cybercrime gang known as DarkSide has reportedly shut down a vital U.S. pipeline , now in its fourth day of being unusable in what is being reported as the worst cyberattack to date on critical U.S.

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Unpacking the Token Economy – Beyond Bitcoin

PYMNTS

Sometimes nouns are used interchangeably – shorthand that short-circuits, in a way, the nuances and distinctions that help us understand what’s really going on. And don’t even get us started on Dogecoin. In any field, when disruption comes, vocabulary gets scrambled a bit.

Big US Banks Extending Credit To People Without Scores

PYMNTS

JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. Banking banking Banks credit JPMorgan Chase News us bancorp wells fargo What's Hot

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Level Setting and Peering Around the Corner— Tips for Success in Your Organization

Speaker: Steve Andrews, President & CEO of the Western Bankers Association 

This pandemic has tested the foundation of banks and the strength of the dollar. With all of us facing the same crisis, we are left with the same key questions, "Where are we now?" "Where are we going?" "How are we going to get there?" and "What impediments must we overcome?" Join Steve Andrews, President & CEO of the Western Bankers Association, for CBB's groundbreaking webinar! This exclusive webinar will go over the insider information your bank needs for level setting and peering around the corner. Steve will provide actionable insights, best practices, and real-world examples of the changing landscape of community banking.

How Money Will Disappear

Daily Fintech

Big payment giants and listed companies are adopting it and not just in the US. In recent months bitcoin has had a phenomenal rally and for good reason. One month after Elon Musk announced that Tesla purchased $1.5

U.S. Bank, Plaid Partner To Offer Open Banking Choices

PYMNTS

Bank , the fifth largest bank in the U.S., The news release added that the two companies joined forces to upgrade U.S. The integration “includes new bi-directional functionality between U.S. Banking APIs banking News Open Banking partnerships Plaid U.S.

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Mastercard sees contactless acceptance triple in U.S., Brazil

Payments Source

Contactless payments U.S. Brazil Mastercard

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Why Diem chose to be regulated in the U.S.

Payments Source

Compliance U.S. Switzerland Facebook Cryptocurrencies

US Bank eyes ‘autonomous banking’ future

Bank Innovation

Carousel Corporate Banking Innovation Strategy Open Banking Premium Product Design Retail Banking agile api data strategy innovation straegy open banking US Bank

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U.S. Bank to offer custody service for digital assets

Payments Source

Bank Digital currencies

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Ripple CEO Calls US Crypto Rules 'Frustrating'

PYMNTS

Facing charges from the U.S. Garlinghouse said the U.S. Securities and Exchange Commission (SEC), the CEO of Ripple fired back on Friday (April 30), saying that cryptocurrency regulations offer a “frustrating” lack of clarity.

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Improving Your Bank's Digital Experience

ATM Marketplace

For the past 20 years he has worked as an executive with some of the largest banks in the U.S. Rick Jaros, a principal with Spinnaker Consulting Group, has experience in digital integration, business strategy and change management.

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Russian Hack Used Servers Inside US, Cybersecurity Company Says

PYMNTS

Sources told the Times the matter may have been exacerbated by the focus U.S. The Times quoted Democratic U.S. Security & Fraud Hackers News Russia Security us What's Hot

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Kristy Carstensen, U.S. Bank

Payments Source

She could have been called "Doctor Kristy" at some point, but Carstensen followed a gut feeling that the medical profession wasn't truly for her — and she could have a bigger impact on financial and payments services in the banking industry. Women in Payments

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US Goods, Services Trade Deficit Expanded To $74.4 Billion In March

PYMNTS

The U.S. billion in February, according to data released on Tuesday (May 4) by the U.S. Census Bureau and the U.S. The news comes as U.S. percent in March , largely propelled by U.S. The recent boost in U.S. As previously reported, the U.S.

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How open banking can transform the U.S. payments market

Payments Source

Fintech Compliance U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards. European Union Fintech regulations

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Economists Revise US, Eurozone Forecasts Upward

PYMNTS

Large economic powers like the U.S. trillion stimulus fund , along with the shorter-than-expected contraction in the eurozone due to its latest COVID-19 wave — the report stated that both the U.S. percent below its pre-pandemic peak according to first-quarter growth figures for the U.S.

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Trustly CEO hints at dual U.S. listing after Stockholm IPO

Payments Source

Fintech U.S. Digital payments IPOs Sweden

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U.S. Bank Offers Custom, Turn-Key SPAC Solutions

PYMNTS

Our integrated, end-to-end solutions are designed to meet all your SPAC-specific needs with a single provider,” Christine Waldron , chief global strategy officer at U.S. Bank Global Fund Services, a unit of U.S. Banking banking IPOs News regulations SPACs U.S.

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Unite Us Connects Payments And Healthcare To Social Services

PYMNTS

The latter is the case for Unite Us , an 8-year-old company that uses technology to connect medical service providers with social services. As Unite Us Co-Founder and CEO Dan Brillman told PYMNTS, the company plans to take a trifold approach to expansion.

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Q4 2020: US credit card issuer snapshot

Accenture

The post Q4 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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European Payment Initiative Looking To Topple US FinTechs

PYMNTS

The European Payment Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. Some 30-plus banks and credit card processors in Europe are teaming up to topple what they see as an “oligopoly” dominated by the U.S.

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US Bank deploys smart assistant to boost digital banking

Mobile Payments Today

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app

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.

U.S. Bank to offer custody service for digital assets

American Banker

Bank Digital currencies

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Mexican Remittances Set Surprising US Record

PYMNTS

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. In just one month — July 2020 — people in the U.S. One reason is that much of the work performed in the U.S.

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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. […]. Exclusive Innovations Mobile Retail Security Social Media Alexa amazon chatbot US Bank voice bankingBank has become part of a select group – banks that allow customers to access their accounts via voive with Amazon Alexa.

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U.S. Bancorp bets on corporate payments rebound

American Banker

Bank Faster payments Earnings U.S. Bancorp

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Report: US Median Income Up, Poverty Rate Down In 2019

PYMNTS

Prior to the COVID-19 pandemic that struck earlier this year, U.S. Median household income in the U.S. increased by nearly 7 percent last year to $68,700, up from $64,324 in 2018 while the number of people living in poverty fell, the U.S. percent, the U.S.

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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

The U.S. The rationale for the new regulations, as the government laid out in the Federal Register, is that "U.S. Cryptocurrency Bitcoin cryptocurrency News regulations U.S. Treasury Department proposed sweeping new rules late Friday (Dec.

U.S. Bank aims to beat fintechs by digitizing supplier payments

Payments Source

Fintech U.S. Bank B-to-B payments U.S. As the pandemic transforms the way corporations pay suppliers, many banks are watching nimble fintechs rush in with streamlined solutions customized for remote workforces. Bank didn’t want to risk getting cut out of that equation.

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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. Artificial Intelligence Daily Post 1 Exclusive Premium Retail Banking Wealth Management branches HSBC pepper Robotics US Bank Wells FargoHSBC, a top global bank with $2.6 branch expansion plans.

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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

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U.S. Bank responds to fintechs by digitizing supplier payments

Payments Source

Fintech U.S. Bank B-to-B payments U.S. As the pandemic transforms the way corporations pay suppliers, many banks are watching nimble fintechs rush in with streamlined solutions customized for remote workforces. Bank didn’t want to risk getting cut out of that equation.

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