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May 22, 2024

On the web

US Real-Time Payments Are in Their Early Days, but Show Steady Growth

The Banker

"Ever since the UK launched its own system — Faster Payments — in 2008, real-time payment schemes have been on a continuous march across the globe. Whether spurred by a regulatory mandate or driven by market forces, instant payments are now established in Australia, Singapore and Brazil, among other countries."

May 10, 2024

On the web

May 7, 2024

On the wires

May 6, 2024

On the web

May 1, 2024

On the web

April 30, 2024

On the web

April 19, 2024

On the web

April 18, 2024

On the wires

FICO Partner Awards Showcase Game-Changing Innovators Worldwide

Business Wire

"At FICO® World, FICO recognized seven of its partners that are transforming the way their industries operate using FICO analytics and decision management technology; AWS, Dock, Fiserv, Infosys, TCS, Teradata and TSYS apply FICO analytics and decision management technology to advance customer centricity, fight fraud and streamline operations."

April 17, 2024

On the wires

April 15, 2024

On the web

How Can Banks Stop Fraud in a World of Instant Payments?

Economy Middle East

"Instant payments are processed in real-time, 24 hours a day, 365 days a year, with funds made available within seconds...Moreover, they will require re-engineering of their entire processes, including fraud detection, sanctions screening and anti-money laundering checks to comply with strict SLA terms."

April 11, 2024

On the wires

April 8, 2024

On the web

On the wires

April 2, 2024

On the web

March 29, 2024

On the web

Coinme Intros Cash-To-Crypto at Coinstar Kiosks

Atmmarketplace

"Coinme, a cryptocurrency cash exchange, announced a service with Coinstar to allow customers to purchase cryptocurrency and add it to their wallet by depositing cash or coins at more than 9,700 Coinstar kiosks in the U.S."

March 22, 2024

On the web

Evaluating Fednow: Banks Are Still Warming up to Instant Payments

ABA Banking Journal

".. According to FedNow, three of the most common use cases are: Earned wage access: Businesses that employ hourly or contract workers can instantly deposit a day’s paycheck in employees’ bank accounts. Loan funding: Consumers can immediately receive and access funds from personal and student loans. Insurance payouts: When an insurance company issues a payout, consumers immediately see the funds in their account."

March 21, 2024

On the web

March 19, 2024

On the web

March 18, 2024

On the web

March 13, 2024

On the web

March 12, 2024

On the web

March 11, 2024

On the web

March 7, 2024

On the web

Fraudsters are Targeting Younger Consumers

Banking Exchange

"The younger generation is more likely to be targeted and fall victim to fraud or scams than their older counterparts, according to TD Bank. The report revealed that 41% of consumers aged between 13 and 34 have been targeted by fraudsters through social media and nearly a third have fallen victim to financial fraud."

March 6, 2024

On the web

March 5, 2024

On the web

Frictionless Isn’t Always Better When It Comes to Banking

Tearsheet

Words like seamless and frictionless seem to have become permanent fixtures of product releases and announcements pertaining to financial products...In fact, there can be and are negative consequences of removing friction as a report by the Center for Financial Inclusion (CFI) shows.

March 4, 2024

On the wires

March 1, 2024

On the web

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