PYMNTS-MonitorEdge-May-2024

financial institutions

Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
May 10, 2024  |  Buy Now Pay Later

Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their...

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New Report: Authorized Fraud Scams Damaging to Bank-Customer Relationships
New Report: Authorized Fraud Scams Damaging to Bank-Customer Relationships
May 09, 2024  |  Fraud Prevention

Despite ongoing efforts to educate consumers on protecting themselves against financial crime, increasing authorized fraud and scam instances are nightmares for banks and their customers....

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Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024  |  Fraud Prevention

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  And in an era where technology has become increasingly...

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Cautionary ‘Tale of Two Consumers’ Dials Up Personalized Approach to Financial Wellness
Cautionary ‘Tale of Two Consumers’ Dials Up Personalized Approach to Financial Wellness
April 30, 2024  |  Personal Finance

Not all that long ago, as Doug Brown, chief product officer, NCR Voyix Digital Banking, observed, credit unions and banks had a rather simple approach to...

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The State of Main Street Heading Into Small Business Week
The State of Main Street Heading Into Small Business Week
April 26, 2024  |  SMBs

Despite the moniker attached to their segment, small businesses loom large in the American economy.  And with the U.S. Small Business Administration (SBA) celebrating National Small...

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Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
April 26, 2024  |  Partnerships

In today’s digital age, the combination of innovative financial products and a loyal, international fanbase holds the potential for significant market disruption. The recent collaboration...

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Splitit Powers Banks Installment Plans at Checkout
Splitit Powers Banks Installment Plans at Checkout
April 24, 2024  |  Payment Methods

Splitit has launched a solution that enables banks and card issuers to offer installment plans to their customers at a merchant’s checkout. The new FI-PayLater allows financial...

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Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Security & Fraud

To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions...

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Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024  |  Real-Time Payments

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints...

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