Money Mobility

Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
January 09, 2023  |  Security & Fraud

Money mobility ended 2022 as a serious problem for FinTechs and enters 2023 needing attention. The FinTech Fraud Ripple Effect, a PYMNTS and Ingo Money...

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PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
December 21, 2022  |  Money Mobility

As the online gambling and casino industries continue to grow, payments present both a challenge and a considerable opportunity. Customers involved in gambling have traditionally...

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46% of FinTech Banks Say Deposit Fraud Hurts Customer Experience
46% of FinTech Banks Say Deposit Fraud Hurts Customer Experience
December 20, 2022  |  Security & Fraud

Fraud’s hindering money mobility, and the customer experience is rife with frictions. The average FinTech loses 1.7% of its annual revenue to fraud — approximately...

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DraftKings on Making Money Mobility Both Fast and Secure
DraftKings on Making Money Mobility Both Fast and Secure
December 20, 2022  |  Money Mobility

In this month’s “Money Mobility Tracker®,” DraftKings tells PYMNTS why it thinks that its bet on instant payments is a slam dunk to boost the...

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19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
December 05, 2022  |  Opinion

Looking back on 2022 is a lesson in expecting the unexpected. COVID-19 concerns and supply chain shortages were unceremoniously pushed aside by sky-high inflation and...

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Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
Open-Loop P2P Networks Give Issuers Alternatives to Status Quo
November 21, 2022  |  Money Mobility

Despite substantial advances in digital solutions, consumers still use cards and automated clearing house (ACH) transfers for nearly all their non-cash payments. These are closed-loop...

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FinTech Execs Expose the Real Costs of Fraud
FinTech Execs Expose the Real Costs of Fraud
November 18, 2022  |  Money Mobility

The average U.S. FinTech loses $51 million to fraud every year, and many lose even more. Even so, that figure only begins to capture the...

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PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
November 15, 2022  |  Money Mobility

The business world has transformed over the last few years as the global pandemic spurred a move away from centralized teams and toward a more...

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Early Wage Access Could Tip the Scales in Worker Recruitment
Early Wage Access Could Tip the Scales in Worker Recruitment
November 11, 2022  |  Money Mobility

Fifty-five percent of consumers say their pay is falling behind in the race against inflation. Amid consumer anxiety about the rising cost of living, employees...

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