financial institutions

Why FIs’ Future Means Smarter, Not Only Faster, Payments
Why FIs’ Future Means Smarter, Not Only Faster, Payments
December 16, 2019  |  Digital Banking

Faster, better, experiential — those are among the terms that come to mind when one thinks about how payments are changing around the world. Here at...

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Nigeria Turns To FinTechs To Boost Financial Inclusion
Nigeria Turns To FinTechs To Boost Financial Inclusion
December 01, 2019  |  Digital Banking

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on...

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How Credit Unions Can Win The FinServ Innovation Game
How Credit Unions Can Win The FinServ Innovation Game
November 27, 2019  |  Banking

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be...

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Libra Could Hurt Facebook’s Financing
Libra Could Hurt Facebook’s Financing
October 22, 2019  |  Cryptocurrency

Facebook’s relationship with financial institutions could be threatened if it launches its cryptocurrency Libra without fully addressing concerns over money laundering, The Financial Times (FT)...

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FinCEN Deputy Director Talks Reform, NBFI Supervision
FinCEN Deputy Director Talks Reform, NBFI Supervision
September 11, 2019  |  Regulation

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept....

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Data: Credit Union’s Most Underutilized Asset
Data: Credit Union’s Most Underutilized Asset
July 18, 2019  |  Credit Unions

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk...

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Bank Innovation That Heeds The Needs Of The ‘Digital Native’
Bank Innovation That Heeds The Needs Of The ‘Digital Native’
July 18, 2019  |  Digital Banking

In financial services, there is a big gap between recognizing the need for innovation and actually innovating. Joe DeRosa, executive vice president at i2c, explains...

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Do Bigger Budgets Mean More Innovation?
Do Bigger Budgets Mean More Innovation?
July 02, 2019  |  Banking

Smaller banks and large financial institutions have been subject to a paradox where smaller banks are known to be more consumer-friendly, but the trade-off has...

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Why Aren’t More FIs Using AI To Fight Fraud?
Why Aren’t More FIs Using AI To Fight Fraud?
June 11, 2019  |  Artificial Intelligence

Payment fraud is an ideal use case for machine learning and artificial intelligence (AI), and has been used by financial institutions (FIs) to great effect....

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