By Matthew Greco, Chief Revenue Officer, Serve First Solutions Operating a business is, unfortunately, more than delivering value to customers and turning a profit. There are numerous regulations one must comply with to avoid costly penalties. Payment Card Industry Data Security Standard (PCI) compliance, in ...
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Banking
Banking
By Shawn Conahan, CRO, Wildfire Systems The direction of interest rates in 2025 remains uncertain, but one trend is becoming increasingly clear: more consumers are opting for debit cards over credit cards to avoid continuing to accumulate high-interest debt. With the national average APR on ...
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By Juan Urthiague, Chief Financial Officer, Globant According to a Citizens Bank survey, 97% of private equity financial firms use AI. Adoption by financial industry pioneers widely underway, although the challenge is no longer implementing AI but maximizing its benefits. The AI market in banking ...
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by Jim Merchant, Senior Program Director at BHMIFacing rising costs, competition, and complexity, many companies in the payments space are continually seeking new ways to optimize transaction-based fee revenues.However, financial services companies such as payment service providers, networks, and banks often struggle to remain agile ...
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By Steve Tcherchian, CISSP, PCI-ISA As we near the holiday season, thieves are hard at work with new and clever tactics designed to exploit innocent shoppers and take advantage of them. A simple way to protect yourself from becoming a victim is to stop using ...
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By Harald Walden, CTO, Brite Payments For financial institutions (FIs), the rising threat of fraud makes exploring and adopting more robust fraud detection and prevention strategies more important than ever. Pay by Bank can help to bridge the gap between FIs, businesses and consumers by creating ...
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By Michael Wilson, Managing Director at Monex USA The banking-as-a-service model is changing, and fintechs that move money must be prepared. The FDIC recently introduced a proposed rule that will further affect bank-fintech relationships, putting banks squarely in its crosshairs. This rule would require banks to ...
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By Sina Saidinayer, UK Chief Revenue Officer, Finfare, Inc The financial services industry is experiencing a transformative shift driven by open banking. This innovation, which facilitates secure and efficient data exchange between banks and third-party providers, is reshaping financial transactions and services. In 2023, open ...
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By Michael Wallis-Brown, Head of Mobile Financial Services, Ericsson In a world where connectivity is king, the convergence of banking and telecom companies represents a significant shift in how we engage with money. Mobile banking has been thriving for almost two decades in its simplest ...
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By Jeff Domansky, Managing Editor The Merchants Payments Coalition (MPC) has emphasized the urgent need for Congress to pass the Credit Card Competition Act (CCCA). With total swipe fees surpassing $170 billion annually and costing the average family over $1,100, the CCCA could save an estimated $16 billion annually. ...
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