Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. This new funding from Acorn Capital follows the initial...
Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two domestic instant payment rails in the U.S., the FedNow® Service and The Clearing House RTP® real-time payments platform, observers argue that...
Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Banks are unloading low-yielding bonds and loans or letting them mature and not replacing them in order to raise the average interest rates...
In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers from coming back. Moreover, payments optimization plays a crucial role in maintaining frictionless eCommerce transactions. PYMNTS hosted a wide-ranging discussion...
June 28, 2023
In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers from coming back. Moreover, payments optimization plays a crucial role in maintaining frictionless eCommerce transactions. PYMNTS hosted a wide-ranging discussion on 3DS 2.0, the security protocol for online payments, to […]
August 19, 2021
March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more consumers banking digitally than ever....
October 17, 2024
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday. “Credit quality remains excellent,” Commerce Bancshares President and CEO John Kemper said in […]
August 05, 2024
Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business...
July 24, 2023
Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Banks are unloading low-yielding bonds and loans or...
June 26, 2023
3DS 2.0 — the security protocol for online payments — enables more effective targeting of fraudulent activity but has not been embraced by stakeholders to the degree that might be...
