PYMNTS-MonitorEdge-May-2024

Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Bitcoin Daily: Digital Currency Thefts Approach $1B; Crypto Space May See 120 New Hedge Funds By Year End
Bitcoin Daily: Digital Currency Thefts Approach $1B; Crypto Space May See 120 New Hedge Funds...
October 11, 2018  |  Bitcoin

CipherTrace noted in a report that digital currency theft has nearly topped $1 billion over the first three quarters of the year at $927 million,...

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TRENDING: Why Preventing Bank Cyberattacks Is Only Half The Omni Security Battle
TRENDING: Why Preventing Bank Cyberattacks Is Only Half The Omni Security Battle
October 11, 2018  |  Security & Fraud

Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion to online fraud...

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Bank Fines On Money Laundering Spotlight KYC Urgency
Bank Fines On Money Laundering Spotlight KYC Urgency
October 10, 2018  |  Security & Fraud

Danske Bank is among only the latest headlines tied to money laundering. However, according to one recent report, 90 percent of Europe's biggest banks have...

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How Instantor Uses APIs For World Domination
How Instantor Uses APIs For World Domination
October 10, 2018  |  API

Old-school FIs typically rely on outdated consumer data from credit bureaus to review a consumer’s financial viability. However, APIs can help FIs review transactional bank...

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Mastercard Launches Real-Time Bill Payments Via Banking Apps
Mastercard Launches Real-Time Bill Payments Via Banking Apps
October 10, 2018  |  Mastercard

When it comes to paying bills online, banks have come up short in speed and transparency — and customers can’t always use cards if they...

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Bitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala Plans Blockchain Account With solarisBank
Bitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala Plans Blockchain Account With solarisBank
October 09, 2018  |  Bitcoin

Bitwala is teaming up with Germany-based solarisBank to roll out a blockchain bank account, CoinDesk reported. While the service is targeted for a November launch,...

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RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018  |  B2B Payments

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...

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National Funding Explores AltFin’s Uncertain Growth Trajectory
National Funding Explores AltFin’s Uncertain Growth Trajectory
October 09, 2018  |  B2B Payments

The alternative finance boom post-2008 financial crisis undoubtedly provided more options for small business (SMB) borrowers, but that doesn’t mean the industry is guaranteed to...

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Banks, Businesses Brace For Far-Reaching Accounting Standard Changes
Banks, Businesses Brace For Far-Reaching Accounting Standard Changes
October 09, 2018  |  B2B Payments

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report...

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