Wave Financial news and trends

Experts Say Single-Layer Fraud Systems Open Invitation for Fraudsters
Authentication // June 30, 2022

Digital fraud continues to wreak havoc on the economy despite banks’, businesses’ and consumers’ best efforts to stop it. The Federal Trade Commission reported $5.8 billion lost to fraud last year — an increase of more than 70% since 2020 — with 2.8 million consumers...

PSPs Must Act Like FinTechs to Keep Merchants on Board in 2022
Payment Methods // February 07, 2022

In 2022, customers don’t think in terms of siloed channels. They think in terms of shopping — and they want to move fluidly between the digital and physical realms. As economies open up, people are getting out, but they still want the easy digital experiences...

How FinTechs, Banks Can Find Common Ground To Support SMB Recovery
B2B Payments // June 16, 2020

The general consensus in the small business financial services ecosystem has emerged: Traditional financial institutions (FIs) have largely fallen short from providing small- to medium-sized businesses (SMBs) the digital-first, affordable tools they need to optimize their business operations. FinTechs have stepped in to fill that...

Wave Financial Rolls Out SMB Money Management, Banking Tech
B2B Payments // June 11, 2020

Software company Wave Financial plans to roll out a bookkeeping and banking package for small businesses called Wave Money this summer. The company said Thursday (June 11) that the “solution” won’t have banking fees or account minimums and will offer “instant access to funds” and...

Interviews & Exclusives
Experts Say Single-Layer Fraud Systems Open Invitation for Fraudsters

June 30, 2022
Digital fraud continues to wreak havoc on the economy despite banks’, businesses’ and consumers’ best efforts to stop it. The Federal Trade Commission reported $5.8 billion lost to fraud last year — an increase of more than 70% since 2020 — with 2.8 million consumers submitting fraud reports. Businesses primarily rely on “post-submit data” — […]

PSPs Must Act Like FinTechs to Keep Merchants on Board in 2022

February 07, 2022
In 2022, customers don’t think in terms of siloed channels. They think in terms of shopping — and they want to move fluidly between the digital and physical realms. As...

Quick Reads
Bitcoin Daily: CoinZoom Crypto Exchange Debuts Visa Debit Card; Wave Financial To Offer Kentucky Bourbon...

March 18, 2020
CoinZoom has officially rolled out an exchange and a CoinZoom Visa card, according to an announcement. Customers will have the ability to purchase, sell and spend digital currencies on the exchange with the rollout. The card, which is directly connected to client accounts, lets clients instantly change their digital currency balances to fiat that they […]