digital banks

Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
October 31, 2023  |  Fraud Prevention

They have different business models — but often compete for the same customers. And for banks and neobanks, there may be one commonality: The challenge...

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Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
October 23, 2023  |  Security & Fraud

Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent...

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Monzo Picks Cash App Vet Conor Walsh for US CEO
Monzo Picks Cash App Vet Conor Walsh for US CEO
October 04, 2023  |  Personnel

British digital bank Monzo has named Conor Walsh to head its U.S. operations. Walsh, a veteran of Cash App, was named the bank’s U.S. CEO on Wednesday (Oct. 4), according...

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TCM Teams With LemonadeLXP to Help Community Banks Go Digital
TCM Teams With LemonadeLXP to Help Community Banks Go Digital
September 05, 2023  |  Digital-First Banking

TCM Bank and growth platform LemonadeLXP have teamed to help community banks increase their digital footprint. “TCM is committed to delivering the best cardholder experience for our community...

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Ongoing Banking Turmoil Revives Business Model Debate
Ongoing Banking Turmoil Revives Business Model Debate
May 09, 2023  |  Banking

It has been an eventful few weeks since March’s mini banking crisis. Just last Monday (May 1) JPMorgan bought the subsequently failed First Republic Bank — a previously...

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Bank Customers Help Guide Transition to Digital-Everywhere Banking
Bank Customers Help Guide Transition to Digital-Everywhere Banking
March 23, 2023  |  Digital-First Banking

Digital banks are gaining market share, especially among small business owners, freelancers and millennial customers. Increased security and the latest innovative features appeal to many...

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PYMNTS Intelligence: Partnering for BaaS Success
PYMNTS Intelligence: Partnering for BaaS Success
March 06, 2023  |  Digital Banking

Banks embarking on a banking as a service (BaaS) journey may feel they have their work cut out for them, especially if they are relatively...

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Fear, Skepticism Drive Weird Relationship With New Tech
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022  |  Payments Innovation

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove...

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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