It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Top News The...
Social distancing mandates are pushing consumers to embrace digital-first banking services, creating opportunity for fraudsters to bury their scams across multiple channels. In this month’s FI Fraud Decisioning Playbook, Uma Wilson, executive vice president and director of treasury management at UMB Bank, discusses how behavioral...
More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch attacks that make use of these channels. Account takeovers (ATOs) rose 347 percent from 2018 to 2019 — a problem...
Automated solutions provider AvidXchange recently acquired BankTEL Systems. The move enables the BankTEL Systems’ customers to access AvidXchange’s suite of invoice-to-pay solutions, including AvidPay and its network of B2B suppliers. As payments giants shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are...
December 08, 2021
Knowledge is power. Conventional wisdom holds that banks and traditional financial institutions (FIs) have much to fear from cryptocurrencies, that bitcoin and other digital offerings will disintermediate incumbents and upend the financial services landscape. In an interview with PYMNTS’ Karen Webster, Visa VP of Crypto AJ Shanley and UMB Bank Executive Vice President, Chief Information […]
October 08, 2019
Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world. Also, the European Commission has...
