PYMNTS

JANUARY 15, 2020

Headquartered in Spain, Choice FS was founded in 2010 as a software solution to help banks and credit unions (CUs) customize deposit accounts. The Choice FS software can be used to create non-brokered, customized core deposit accounts with a variety of withdrawal schedules. “An It has brokered 13 billion euros ($14.5

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52

PYMNTS

JANUARY 18, 2019

The mechanics of the fraud work this way: The criminal establishes an email account ostensibly in the name of the chief executive officer of the firm under attack. The would-be fraudster sends an email to HR, looks to have direct deposit account information changed and funds, ultimately, wind up in the scammer’s account.

Business Email Compromise 69

Business Email Compromise Scams Payroll Audit 69

PYMNTS

DECEMBER 14, 2016

“We need a complete picture of how far Wells Fargo’s abusive business practices stretch in order to hold executives accountable and prevent such fraud from ever happening again.”. 2013 and the present. It’s estimated that 14,000 of those accounts accrued $403,145 in fees. In the letter, Rep. Cummings and Sen.

Deposit Account 53

Deposit Account CFPB Credit Cards Government 53

PYMNTS

MAY 9, 2019

cash deposit platform developer Flagstone notched £11m in funding from investors such as VentureFounders and Kindred Capital, according to reports. The company, which was started in 2013, offers individuals, along with their wealth managers, charities and SME corporates, access to deposit accounts. In other news, U.K.

Deposit Account 43

Deposit Account Authorization Mobile Payments Finance 43

PYMNTS

AUGUST 19, 2019

demand deposit accounts will have access to Zelle through the 480 financial institutions contracted to join the Zelle Network,” said Al Ko, CEO at Early Warning. “We First introduced in 2013 alongside the rise of EMV, the service will reportedly be shuttered in favor of a new EMV SRC-based service. More than 64 percent of U.S.

Venmo 51

Venmo Zelle P2P Underwriting 51

PYMNTS

JUNE 16, 2016

PYMNTS’ Karen Webster recently caught up with Chris Britt, co-founder and CEO of Chime, a mobile-first digital bank account founded in 2013, which, by his own account, is seeing notable success in the space, to discuss the endeavor and how meeting expectations for their roughly 120,000 customers is a key part of the company’s business plan.

Mobile Banking 42

Mobile Banking Direct Deposit Deposit Account Credit Cards 42

PYMNTS

DECEMBER 10, 2018

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. But between 2013 and 2015, it’s been a different story. It’s the decoupled debit card.

ACH 73

ACH Credential Push-to-Card Breach 73