Financial Transactions news and trends

Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
Security & Fraud // December 04, 2023

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises and banks, the companies announced Monday (Dec. 4). This collaboration aims to address the increasing incidents of fraud in the...

Biz Advocacy Groups Oppose Dem-Sponsored Tax Proposal
Regulation // March 06, 2019

Business advocacy groups are fighting a proposed financial transaction tax aimed at limiting high-frequency trading, and decreasing the budget deficit. Representative Peter DeFazio, D-OR, and Senator Brian Schatz, D-HI, introduced measures in both Chambers of Congress on Tuesday (March 5). The proposal is co-sponsored by...

‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
International // June 25, 2018

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. According to the Financial Times, the finance bill includes a 0.05 percent excise duty on “money transferred by banks, money transfer agencies and...

Interviews & Exclusives
40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases

December 15, 2023
In today’s digital era, banking customers are asserting more control over their financial security and no longer relying solely on their banks to protect their identities and online transactions. In “Consumer Behaviors and Perceived Security Across Devices,” PYMNTS Intelligence draws on insights gathered from a survey of over 2,5000 U.S. consumers to examine how their […]

Quick Reads
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks

December 04, 2023
Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises and banks, the companies announced Monday (Dec. 4). This collaboration aims to address the increasing incidents of fraud in the financial sector and provide customers with the necessary tools to […]

Biz Advocacy Groups Oppose Dem-Sponsored Tax Proposal

March 06, 2019
Business advocacy groups are fighting a proposed financial transaction tax aimed at limiting high-frequency trading, and decreasing the budget deficit. Representative Peter DeFazio, D-OR, and Senator Brian Schatz, D-HI, introduced...

‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services

June 25, 2018
Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. According to the Financial Times, the finance bill...