Banking

Banking
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19). Get the Full Story Complete...

Banking
Wells Fargo Teams With Plaid On API-Supported Data Exchange
September 19, 2019

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. 19). Get the Full Story Complete the form...

Banking
How Banks Are Using AI, ML To Fight Account Opening Fraud
September 19, 2019

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Banking
BoA Cooperating With CFPB Probe Into Unauthorized Credit Card Accounts
September 18, 2019

In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo. The Bureau is now trying to determine if...

Banking
How US Bank Is Using Machine Learning To Tackle Fraud
September 18, 2019

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to...

Banking
Mobile Banking Users Want More Control — But At What Cost?
September 17, 2019

Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve mobile banking apps’ speed, security and ease of use. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
September 17, 2019

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Banking
Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit
September 15, 2019

Singapore’s Hong Leong Finance is going to take advantage of the country’s plan to issue virtual banking licenses to transform itself into a tech-savvy lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Neobank Northmill Gets Swedish Banking License
September 13, 2019

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...