PYMNTS-MonitorEdge-May-2024

financial institutions

43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
October 24, 2023  |  Commerce

As businesses continue to seek ways to improve customer experiences and drive operational efficiency, one strategy that is gaining traction is the use of item-level...

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BNY Mellon Launches White Labeling Service for Liquidity Management Solutions
BNY Mellon Launches White Labeling Service for Liquidity Management Solutions
October 23, 2023  |  Investments

BNY Mellon has introduced a White Labeling service for its LiquidityDirect platform. This service enables financial institutions to offer their clients liquidity management solutions, including short-term investments, the...

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Fiserv and Melio Partner to Help Banks Serve Small Businesses
Fiserv and Melio Partner to Help Banks Serve Small Businesses
October 23, 2023  |  Commercial Payments

Fiserv, a global provider of payments and financial services technology solutions, has partnered with Melio, a B2B payments platform, to help financial institutions streamline accounts payable...

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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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FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
October 23, 2023  |  Personal Finance

In a world where children and teenagers often grow up surrounded by screens and smartphones, a new breed of companies, particularly FinTech firms, is using...

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Nearly 15% of FIs Cite Complex Regulatory Demands as Top Fraud-Fighting Challenge
Nearly 15% of FIs Cite Complex Regulatory Demands as Top Fraud-Fighting Challenge
October 20, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has accelerated fraud and financial crime, prompting banks and financial institutions (FIs) to enhance their...

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Fiserv Offers Developers Access to Its Banking Hub
Fiserv Offers Developers Access to Its Banking Hub
October 19, 2023  |  API

Fiserv says it has made it easier for financial institutions and FinTechs to collaborate. The payments and financial services technology solutions company announced Thursday (Oct. 19) that it...

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Entersekt Launches Authentication Solution for Mobile Banking Apps
Entersekt Launches Authentication Solution for Mobile Banking Apps
October 18, 2023  |  Security & Fraud

Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs),...

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Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
October 17, 2023  |  Insurance

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors and complications, leading to damaged customer loyalty and lost business....

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