摘要： The following Deep Dive explores how fraudsters target FIs and how these institutions are leveraging AI- and ML-based defenses of their own to fight back.
摘要： Speaking with PYMNTS, Zeeshan Feroz, chief growth officer at MoonPay, explained that lowering the barriers to entry for businesses interested in crypto business models must go beyond providing infrastructure to support the buying, selling and storage of digital currencies. Taking a compliance-centric approach to servicing these firms, and supporting their growth through banking services, results in a more holistic offering that can help the cryptocurrency ecosystem proliferate — compliantly.
摘要： Another day, another entrant to the public markets by a challenger bank, made possible by a special-purpose acquisition company (SPAC) merger. On Monday (June 7), challenger bank startup Dave's public debut was made possible via a partnership with VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC). Dave entered the public market with an expected equity value of about $4 billion.
摘要： In today’s top news in digital-first banking, DuPont Community Credit Union (DCCU) has inked a multiyear deal for Lumin Digital’s cloud-native infrastructure, while Huntington Bank has rolled out Standby Cash to allow clients to access new lines of credit. Plus, First Midwest Bank and Old National Bank have signed a definitive merger deal.
摘要： Square is said to be getting ready to provide savings accounts and checking accounts to small- to medium-sized business (SMB) customers, Bloomberg reported Monday (May 24).
摘要： Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a product that almost everyone needs and with a captive audience that's willing to listen.
摘要： Open banking’s reach has expanded significantly since 2018 when financial regulators in the United Kingdom first required the nation’s largest banks to begin allowing FinTechs and other emerging players to access previously siloed data. Similar initiatives have since swept through additional markets worldwide, including the European Union (EU), Saudi Arabia and South Korea.
