Fear can be a powerful motivator, especially where payments fraud is concerned. While financial institutions have a healthy fear of high-profile fraud vectors like business email compromise and authorized push payments fraud, they may not have developed it around a new source of concern: instant...
For the banks mulling when they’ll connect to real-time payment rails — and for those already connected in order for instant payments to be received, but not sent — fraud remains the big issue. At this writing, at least in the U.S., interest is high...
It wasn’t too many years ago that a monthlong event to discuss issues, trends and opportunities in B2B payments would have been hard to imagine. It was a sector dominated by paper checks and invoices and legacy back-office systems. And at its simplest it was...
How BaaS firms navigate elevated regulatory scrutiny will determine whether it becomes a headwind or a tailwind, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats That Could Impact Your Business.” As we move...
October 31, 2024
Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist toward an area where money is usually at rest: deposits. “If you think about where financial services is going, which is more tech-enabled and more […]
October 23, 2024
Fear can be a powerful motivator, especially where payments fraud is concerned. While financial institutions have a healthy fear of high-profile fraud vectors like business email compromise and authorized push...
August 14, 2024
Supply and demand is the eternal balancing act in economics, and in payments, too. Drew Edwards, CEO of Ingo Payments, noted to Karen Webster that there’s been a 7% increase,...
July 26, 2024
As the financial services landscape rapidly evolves, traditional banks and financial institutions (FIs) find themselves at a pivotal juncture. The emergence of embedded finance and banking-as-a-service (BaaS) is revolutionizing the...
