Banking

Year to date through Sep. 30, 2019. Dollars in thousands.

Year to date through Sep. 30, 2019. Dollars in thousands.

While manual fraud prevention may be manageable at first, as the number of payment types and channels increase, it can rapidly become untenable, says The ai Corporation's Mark Goldspink.

PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and Bogota Savings Bank.

The company agreed to pay $41 million for Victory Community Bank.

The Fed's real-time payments system won't be up and running for years, but consumers and businesses demand faster payments today.

The bank is likely to tout asset management at its upcoming investor day; credit union assets have exceeded banks' growth in the past decade.

PayPal extends link to Mastercard; Swatch boots its payments app; and other information you need to start your day, from PaymentsSource and around the web.

PayPal extends link to Mastercard; Swatch boots its payments app; and other information you need to start your day, from PaymentsSource and around the web.

Once struggling to remain relevant, the Providence, R.I., bank is now an industry standout. Inside the story of its resurgence.

The Small Business Administration has told lawmakers it can reinvigorate its streamlined guarantee program by nearly tripling the maximum loan size. So far, Congress has been mum on the idea.

The fintech firm, which had made prior attempts to offer a federally insured consumer account product, said it has “no plans at this time” to become a bank.

Many lenders are establishing a firm bottom on variable interest rates amid intense competition for commercial credits, rising deposit costs and the possibility that the Fed could take rates to unprecedented lows.

Technology development speed has improved for challenger banks, but there are safety challenges from JavaScript, says Jscrambler's Rui Ribeiro.

New tech like APIs and artificial intelligence will help consumers manage all their finances through an app, rather than just transfer funds.

Given their price, higher interest rates and appeal to a specific consumer segment, recreational vehicle loans could be a significant growth segment for some credit unions.

The bank will continue to hold cash in sweep accounts until 2031, although at a lower rate; capital requirements could lead big banks to hold off lending.

Apple Pay raises funds to fight AIDS; Amex expands dining reservations; and other information you need to start your day, from PaymentsSource and around the web.

One recent study finds consumers have flipped their point-of-sale preference from credit to debit. That could be a sign of fears about a possible economic downturn.

A sector not known for its innovation or willingness to change is actually a shining example when it comes to creating hubs of engaging content, says On24's Mark Bornstein.