Digital payments

Citi deploys AI to detect real-time fraud, errors in payments

12/21/18

The software, which was developed by Feedzai, will eventually block payments that appear to be fraudulent or mistaken.

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Square to make another bid for bank charter

12/19/18

The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.

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Why Ohio is gung-ho for cryptocurrency and blockchain

12/14/18

Many banks and government officials are dubious about crypto, but Ohio Treasurer Josh Mandel lets businesses pay their taxes with it and has put all the state government’s expenses on a public ledger.

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One fintech’s plan to free consumers from credit card debt 

12/11/18

Jason Brown explains why his company, Tally, helps consumers by paying their monthly balances, providing advice and offering a lower-rate credit line.

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Is fear of fraud holding back faster payments?

11/28/18

Proponents of real-time payments systems say banks must embrace them given consumer demand for more immediacy and transparency, even if criminals will try to exploit them.

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How fraudsters surprised British banks

11/27/18

As U.S. banks move toward faster payments, they should heed the lessons U.K. banks learned about criminals after launching their real-time transaction system, says Varo Money's fraud strategy leader.

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Which tech companies pose the biggest threat to banks?

11/27/18

Warren Kornfeld, senior vice president at Moody’s Investors Service, explains why banks’ fear of Amazon, Apple, Facebook and other tech giants is legitimate.

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Fintechs to law enforcement: Let’s be partners, not adversaries

11/09/18

A new group aims to foster collaboration between fintechs and state and federal officials in the fight against crime — without hindering legitimate business innovation.

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Sizing up the real fintech threat to banks

11/07/18

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?

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With Jeff Sessions out, will pot payments thrive?

11/07/18

During his time as U.S. attorney general, Jeff Sessions was an outspoken opponent of the legalization of cannabis sales. Now that Sessions has resigned, legal marijuana is poised to become a growth industry.

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