FICO

SEPTEMBER 10, 2020

Typically, money mules are unwittingly tricked into depositing a fraudulent check into a bank account or into receiving money from accounts without authorization of the account owner. Consumers are taking “mobile to the max” by using their phones for mobile deposit, contactless payments and person-to-person payments.

Crime 52

Crime Money Laundering Online and Mobile Banking Romance Scams 52

PYMNTS

AUGUST 3, 2020

The SMB trades directly and shares profits with cocoa bean farmers in four countries, importing the beans itself and making chocolate bars from scratch to sell to restaurants, bakeries, food stores and direct to consumers online. The SMB’s U.S.

Checks 81

Checks Online and Mobile Banking B2B P2P 81

PYMNTS

JULY 3, 2018

There are plenty of mobile deposit apps for consumers, but there are far fewer focused on commercial mobile deposits. Employees in the field are often stuck accepting only cash or checks, which they collect throughout the week and deposit as a batch. DadeSystems. Jewel Paymentech. AvidXchange.

Mobile Deposit 40

Mobile Deposit Online and Mobile Banking APACS Fraud Prevention 40

FICO

FEBRUARY 24, 2022

Just last month, the Bank of the Philippine Islands flagged rising cases of criminals using another person’s bank account to launder money. Given that money laundering follows some form of criminal act, banks recognize the importance of a holistic approach. Transaction behaviors have also evolved during the pandemic.

Money Laundering 52

Money Laundering Financial Crimes Crime AML 52

Fintech Labs Insights

AUGUST 21, 2014

And while there are good reasons why banks choose to avoid riskier SMBs, none of the reasons make a lick of sense to any business owner. So banks and credit unions, time is a wasting. Mobile deposit time-based fees _ Mobile check deposit is one of the more magical services to appear in the digital age.

Online and Mobile Banking 25

Online and Mobile Banking Small Business Checks Mobile Deposit 25

Fintech Labs Insights

AUGUST 19, 2015

Dear Ms/Mr CEO, Congratulations on making it through the most trying time in banking since the 1930s! It’s a lot easier to keep checking accounts free of monthly fees and make it up on the back-end with low-balance and OD/NSF fees. It was a huge win for the bank, and I was very happy. That was some ride, wasn’t it?

Consumer 31

Consumer Online and Mobile Banking Mobile Deposit Checks 31

FICO

JANUARY 10, 2023

Scams that took place in the online environment were particularly prevalent, with people particularly at risk when they pushed to use digital channels that they weren’t used to. Banks and financial institutions will have to refund unauthorised payments, unless their customers have broken the rules or been ‘grossly negligent.’

Scams 52

Scams Posting Push-to-Card Compromise 52

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

Fintech Labs Insights

JULY 22, 2015

The event will take place October 6 & 7 at the UCSF Mission Bay Conference Center in San Francisco ( check out our event brochure ). Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology.

Payment APIs and Integration 29

Payment APIs and Integration Online and Mobile Banking API Non-Bank 29

Fintech Labs Insights

OCTOBER 3, 2016

Ranked as one of the top 10 most promising cloud banking solutions of 2015. Provided instant card-issuance technology to Bank of the Ozarks. Offered digital wealth management for BancAlliance Member Banks. Teamed up with WooCommerce to help online merchants manage sales taxes. Partnered with Arkea Banking Services.

Payment APIs and Integration 18

Payment APIs and Integration Online and Mobile Banking Due Diligence Multi-Currency 18

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JUNE 29, 2020

The COVID-19 pandemic is one of the most monumental crises the banking industry has faced, and the sector must stare down the dual challenges of creating safety measures at branch locations while addressing the ongoing economic downturn that has stretched their capacity for processing and deferring loans.

Online and Mobile Banking 126

Online and Mobile Banking IRS Adjustments Checks 126

PYMNTS

AUGUST 5, 2019

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. And the death of checks – sooner rather than later.

Checks 65

Checks Instant Payments Online and Mobile Banking Irrevocability 65