PYMNTS-MonitorEdge-May-2024

financial institutions

Financial Scams up the Ante for FI Investment in AI-Powered Tools
Financial Scams up the Ante for FI Investment in AI-Powered Tools
October 10, 2022  |  B2B Payments

Something’s got to give, as the old song goes. As Dave Excell, founder of Featurespace, remarked to PYMNTS’ Karen Webster with a nod to fraud...

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FinTech Partnerships Pave Path for Branchless Banking
FinTech Partnerships Pave Path for Branchless Banking
October 06, 2022  |  Digital Banking

The successful digital bank offers more than banking cloaked in an online wrapper. Treasury Prime Vice President of Banking Jeff Nowicki, Emprise Bank Senior VP...

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Chainlink, SWIFT Team on Blockchain Services
Chainlink, SWIFT Team on Blockchain Services
September 28, 2022  |  Blockchain

Chainlink and SWIFT have rolled out a partnership for a new service to help finance institutions operate in blockchain environments, a press release said. The...

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62% of Large Banks Report Increases in Financial Crime
62% of Large Banks Report Increases in Financial Crime
September 13, 2022  |  Security & Fraud

Fraud’s rise has touched the majority of businesses and financial institutions (FIs) — and many are struggling to find ways to address the increasing sophistication...

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‘Don’t Annoy Me’: A Cardinal Rule for Banks to Keep Consumers’ Trust
‘Don’t Annoy Me’: A Cardinal Rule for Banks to Keep Consumers’ Trust
June 20, 2022  |  Banking

Consumers are sending a crystal-clear message to the banks and credit unions that have been trusted partners in their everyday financial lives, according to Doug...

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Business’s Data May Be Vulnerable Under Proposed China Cybersecurity Rules
Business’s Data May Be Vulnerable Under Proposed China Cybersecurity Rules
June 02, 2022  |  Cybersecurity

Proposed cybersecurity rules from China could make it hard for Western financial companies to operate as their data would be vulnerable to hacking and other...

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REPORT: Two-Thirds of US Digital Banking Customers Choose Security Over Convenience
REPORT: Two-Thirds of US Digital Banking Customers Choose Security Over Convenience
June 02, 2022  |  Authentication

As life becomes more digitally connected, consumers increasingly expect that all online transactions will be highly secure, simple and convenient. This standard is especially strong...

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Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
May 23, 2022  |  CBDC

Wall Street lenders want the U.S. government to slow down on their plans for a digital dollar, Bloomberg reported Monday (May 23). They think a...

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CFOs: Lack of In-House Expertise Hinders Attempts to Digitize
CFOs: Lack of In-House Expertise Hinders Attempts to Digitize
May 11, 2022  |  B2B Payments

Many companies continue to depend on legacy business-to-business (B2B) payments infrastructure that adds untenable costs and frictions to the process.  Companies have moved to innovate...

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