July 08, 2024
Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving...
As the banking and payments business cross into the second half of 2024, many executives say we’re at a pivotal juncture — one that will require a steady hand on...
July 08, 2024
Exclusive: Visa Aims Value-Added Services at Helping Banks Capture Gen...
There’s the payment and then there’s everything that happens around it. That’s why financial services companies, from insurance to FinTechs to enterprise-grade banks, add services to protect, analyze and optimize...
July 07, 2024
AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables
InsurTech firm AutoRek has partnered with J.P. Morgan Payments to help insurance companies overcome data challenges with a more connected, streamlined infrastructure. With these capabilities, insurance companies can unlock new market opportunities, the...
July 05, 2024
China’s AI Patent Boom: 38,000 Filings Dwarf Global Rivals
China has emerged as the dominant force in generative artificial intelligence (AI) patents, outpacing global competitors by a significant margin, according to a new report from the World Intellectual Property...
July 04, 2024
Crypto’s Three Priorities for 2024: Interoperability, Acceptance, Regulation
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture. It is the same critical juncture, or at least one strikingly similar, that the crypto...
July 04, 2024
They Said That: Notable Quotables From the Week of July...
Every week we scan our interviews, opinion pieces and news stories for the quotations that give us a sense of where we are as a connected economy in the payments...
July 03, 2024
CFPB’s Spotlight on Medical Payment Products Threatens Chilling Effect on...
The Consumer Financial Protection Bureau (CFPB) is sharpening its focus on healthcare payments, and the result may be that at least for some consumers who have shown interest in payment...
July 03, 2024
UN: China Leads World’s GenAI Patent Race
New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than 38,000 generative AI inventions came...
July 02, 2024
Federal Reserve Investigating AI’s Potential Impact on Jobs, Economy
The Federal Reserve is investigating possible effects generative artificial intelligence (AI) may have on productivity, inflation and the labor market, Fed Chair Jerome Powell said Tuesday (July 2). Speaking during...
Instant insurance payouts benefit both customers and carriers by enhancing both speed and efficiency, but barriers such as costs and complexity are blocking the way to their adoption — especially for smaller insurers. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explains how insurance companies are jumping these hurdles by collaborating with FinTechs to facilitate instant payments implementation.
Three-quarters of consumers who’ve purchased insurance from their bank want to buy more. But here’s the rub: Many bank customers are unfamiliar with their bank’s insurance offerings. PYMNTS Intelligence’s latest report, “Increasing Enthusiasm: The Effects of Purchasing Bank-Provided Insurance,” a collaboration with Franklin Madison, makes the case in five charts why banks would be well served to boost awareness of their insurance offerings.