financial institutions

FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
October 19, 2022  |  Blockchain

In discussions of blockchain technology and its effect on payments, the idea that cryptocurrencies like Bitcoin will replace fiat money abounds. While arguments for and...

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FIs, Startups and Policymakers Drive Intra-African Trade, Payments Within EU-Style Customs Union
FIs, Startups and Policymakers Drive Intra-African Trade, Payments Within EU-Style Customs Union
October 18, 2022  |  Cross Border Commerce

Africa is often lagging behind when it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many...

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CFPB: Colleges Need to Protect Students From ‘Junk Fees’
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022  |  CFPB

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday...

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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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