Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two domestic instant payment rails in the U.S., the FedNow® Service and The Clearing House RTP® real-time payments platform, observers argue that...
Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Banks are unloading low-yielding bonds and loans or letting them mature and not replacing them in order to raise the average interest rates...
In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers from coming back. Moreover, payments optimization plays a crucial role in maintaining frictionless eCommerce transactions. PYMNTS hosted a wide-ranging discussion...
3DS 2.0 — the security protocol for online payments — enables more effective targeting of fraudulent activity but has not been embraced by stakeholders to the degree that might be expected. The security protocol is not mandated in the United States, as it is elsewhere...
June 28, 2023
In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers from coming back. Moreover, payments optimization plays a crucial role in maintaining frictionless eCommerce transactions. PYMNTS hosted a wide-ranging discussion on 3DS 2.0, the security protocol for online payments, to […]
August 19, 2021
March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more consumers banking digitally than ever....
August 05, 2024
Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. This new funding from Acorn Capital follows the initial close of AU$28 million in November 2023, bringing RDC’s total […]
July 24, 2023
Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Banks are unloading low-yielding bonds and loans or...
June 26, 2023
3DS 2.0 — the security protocol for online payments — enables more effective targeting of fraudulent activity but has not been embraced by stakeholders to the degree that might be...
February 22, 2021
M&T Bank Corp is closing in on an acquisition deal to buy People’s United Financial for more than $7 billion, The Wall Street Journal (WSJ) reported on Monday (Feb. 22),...
