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Banking

Anonymous hacker in front of his computer. | iStock photo

·Oct. 25, 2023

Global financial crime compliance costs analyzed in LexisNexis Risk Solutions study

The digital banking shift, digital payments, cryptocurrencies and artificial intelligence (AI) are critical factors behind escalating global financial crime compliance costs that exceed $200 billion. Those are among the findings in LexisNexis Risk Solutions’ True Cost of Financial Crime Compliance Study for 2023.

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LatAm

·Oct. 24, 2023

Brazil’s Pagbank hits 30M clients, claims a spot among LatAm’s largest neobanks

Pagbank reported 30 million customers, a 19% increase from 24.8 million a year earlier, now among Latin America's largest neobanks.

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Banking

·Jan. 31, 2024

Pinwheel-Jack Henry partnership helps financial institutions win primacy battle

Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.

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LatAm

·Dec. 22, 2021

How PIX became a LatAm payments phenomenon in just one year

By the end of 2020, the Central Bank of Brazil launched its own instant payment system, called PIX, with the ambitious goal of speeding up and facilitating transactions.

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Banking

·Jan. 12, 2022

DailyPay updates wallet to combat overdraft and late fees

To combat overdraft, payday loans, and late fees, DailyPay updated its existing digital wallet program with a feature that lets users see their hard-earned cash in their accounts arrive in real-time.

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Banking

·Sep. 26, 2023

Atomic Launches New Open Banking Tool Called PayLink

There is still too much friction involved in switching bank accounts. But a new tool from Atomic called PayLink is addressing this friction by making it easy for users to move their recurring payments.

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Payments

·Feb. 28, 2024

Newer payment options boost merchant satisfaction: study

J.D. Power's 2024 U.S. Merchant Services Satisfaction Study finds 54 per cent of small businesses accept BNPL and that those operations score the relatively new way to pay highest among payment methods, with a 744 score on a 1,000-point scale.

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