In a world inundated with data, traditional methods of financial crime detection are becoming inadequate. Financial crime remains a challenge for financial institutions (FIs) worldwide, evolving in complexity and scale with each passing day. This shifting threat landscape means that advances and innovations designed to...
The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested a lot of time and money in those core systems — they have a lot of data there too — ...
Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable (AP) and accounts receivable (AR) via Excel spreadsheets and probably a lot of coffee. But that’s not the case anymore....
It’s easy to generate buzz — harder to generate results. As PYMNTS continues to interview key executives about the first year of the FedNow® Service, it’s apparent that the Federal Reserve’s instant payments network has done both, and its customers are grateful. Eric Foust, vice...
July 24, 2024
A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign up and connect to the new rails. Seth Perlman, global head of product for i2c, told PYMNTS that the sign-ups bode well for faster payments — but getting to 7,000 […]
July 24, 2024
In a world inundated with data, traditional methods of financial crime detection are becoming inadequate. Financial crime remains a challenge for financial institutions (FIs) worldwide, evolving in complexity and scale...
July 23, 2024
The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested a lot of time and...
July 23, 2024
Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable (AP) and accounts receivable (AR)...
February 28, 2024
Visa, in partnership with PYMNTS Intelligence, has launched a new benchmarking tool for middle-market CFOs to evaluate their working capital efficiency compared to industry peers. This tool, featuring a calculator and interactive report, is based on a study released by Visa and PYMNTS Intelligence in September 2023. The report is called “The 2023-2024 Middle Market Growth […]
July 23, 2023
Twitter’s iconic bird logo could soon fly the coop. Owner Elon Musk said Sunday (July 23) that the social media platform would soon swap the blue bird that’s been its symbol...
November 22, 2022
The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience....
October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the...
