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BlackLine Launches New Cloud Modernizing Products

PYMNTS

BlackLine , which provides account automation software, launched new products on Monday (Nov. Traditional manual accounting processes are not sustainable. BlackLine also teamed with Capgemini in June to help boost financial advice and accounting capabilities, PYMNTS reported.

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UK Cards: Signs of Debt Stress in Accounts 1-5 Years Old

FICO

In reviewing our data from the FICO Benchmarking Service, for users of FICO TRIAD Customer Manager , I saw some interesting long-term trends and some signs of potential debt stress, particularly among accounts 1-5 years on book. Accounts <1 year on book experienced 55% growth. Card Patterns Since 2002. Utilisation was 3.9%

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Wells Fargo’s Earnings May Change With Potential $1B Penalty

PYMNTS

The $1 billion penalty would be far greater than the $185 million in restitution and fines the bank had to pay for a scandal involving staff who opened bank accounts without the knowledge of the bank’s customers. The company said last summer that the number of fake accounts jumped to 3.5 The original account analysis reviewed 93.5

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5 Strategies for Fighting First-Party and Synthetic Identity Fraud

FICO

Banks and telecoms need to make it easier for customers to sign up, buy merchandise online, take out loans, open bank accounts, and use credit cards. Without analysis, these fabricated customers look enough like the real thing to breeze through sign-up and customer onboarding. Processes are designed to encourage new business.

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Wells Fargo Accused On Mortgage Fee Violations

PYMNTS

The Wells Fargo lawsuit, which will request the court grant class action status, comes as the bank is trying to recover from last year’s scandal, when it was discovered that employees had opened a slew of fake accounts in the retail banking units.

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Today In B2B: Amex Enhances Early B2B Payment, Paylocity Buys Samepage

PYMNTS

BlackLine , which provides account automation software, launched new products on Monday (Nov. BlackLine Launches New Cloud Modernizing Products. 16) to continue helping modernize cloud operations, according to a press release.

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Quovo and Onist ink financial partnership

The Paypers

(The Paypers) Collaborative financial management platform Onist has partnered with financial account analysis company Quovo.