PYMNTS-MonitorEdge-May-2024

financial institutions

Federal Reserve Eases Statement Reporting Timeline For Banks
Federal Reserve Eases Statement Reporting Timeline For Banks
March 26, 2020  |  Coronavirus

The Federal Reserve announced Thursday (March 26) that it’s going to give financial institutions (FIs) an extra 30 days to file their financial statements, which...

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Helping FIs Maximize Card Portfolio Returns In Volatile Times
Helping FIs Maximize Card Portfolio Returns In Volatile Times
March 25, 2020  |  Banking

Consumers are navigating the vagaries of a brave new world dominated by the coronavirus. Cardholders’ behavior may shift on a dime. That means card portfolios can...

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The Clearing House’s Strategies To Drive RTP Uptake
The Clearing House’s Strategies To Drive RTP Uptake
March 09, 2020  |  Faster Payments

Persuading the 11,000+ financial institutions (FIs) in the U.S. to integrate with a new real-time payments rail is a tough ask, especially when speed of...

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Using Ethical AI To Turn Citizens’ Information Into Insight
Using Ethical AI To Turn Citizens’ Information Into Insight
March 03, 2020  |  Artificial Intelligence

In the service of business, of society at large, artificial intelligence (AI) can be effective. It can be fast. Can it also be ethical? The...

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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
March 02, 2020  |  Merchant Innovation

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the...

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How One Nevada Credit Union Secures Its Self-Service Innovations
How One Nevada Credit Union Secures Its Self-Service Innovations
February 27, 2020  |  Credit Unions

Credit union members are increasingly placing emphasis on self-services like mobile and online banking for their seamlessness and convenience. And while many CUs are undergoing...

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SWIFT: The Road To ISO 20022 Adoption
SWIFT: The Road To ISO 20022 Adoption
February 26, 2020  |  Innovation

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in...

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New York Leads US In Bank Branch Closures
New York Leads US In Bank Branch Closures
February 19, 2020  |  Banking

Banks across the U.S. are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. 19). The...

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