If data is the oil that brings change to financial services, the pipelines are increasingly under scrutiny. Late last week, the Consumer Financial Protection Bureau (CFPB) said it will look to issue advance notice of proposed rulemaking on “open banking” by the end of this...
In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Plus, Surecomp has introduced financial crime solution...
In today’s top news in digital-first banking, Mastercard has unveiled its artificial intelligence (AI)-powered Cyber Secure tool suite, while Radius Bank has advanced in its relationship with application programming interface (API) company Treasury Prime with the launch of its Commercial API Banking Program and sandbox....
In today’s top news in digital-first banking, credit union service organization (CUSO) PSCU is teaming with FICO Customer Communications Services on a fraud alert tool, while Canada-based BMO is launching a new support system for the country’s small companies. Plus, Coinbase is opening up a waitlist...
In today’s top news in digital-first banking, Oracle is introducing new cloud offerings to provide smaller banks with the tools to combat large-scale money laundering schemes, while the Automated Clearing House saw a sizable increase in acidity in Q3. Plus, Brex unveiled an Instant Payouts...
In today’s top news in digital-first banking, BlueVine has launched its new integrated digital banking, payments and lending platform, while J.P. Morgan Chase has formed a new business unit geared toward blockchain and digital currency work. Plus, Western Union has again expanded its payout options...
In today’s top news in digital-first banking, digital bank Penta will now accept overnight and term deposits from Germany’s WeltSparen, while BPCL has teamed with Fino Payments Bank to offer digitized card refills. Plus, a Bank of Japan official said the bank’s move to roll...
In today’s top news in digital-first banking, freelancer banking app Lili has notched $15 million in a funding round, while New Jersey-based FinTech Alacriti is rolling out a new offering that will connect banks and credit unions (CUs) with real-time payments (RTP). Plus, UnionBank of...
“The pandemic has pushed banks to recast their innovation goals to the present day, meaning they have to start asking ‘what tangible efforts will have a big impact on my client experience right now?'” says Lisa Shields, founder and CEO of FISPAN. She tells PYMNTS...
