The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs —...
Machine learning algorithms scan millions of transactions in banks’ fraud detection centers, flagging suspicious patterns human analysts might miss. Similar mathematical models help Netflix predict...
Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for...
The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. B Riley Advisory Services, the group handling the sale, announced...
For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just...
Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate...
Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method,...
Washington-based UniBank and its parent company U&I Financial have agreed to measures to be taken under an enforcement action issued Thursday (Oct. 24) by the...
The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...