Banks close branches at record pace, China slams door on cypto trading, What corporate treasurers want from faster payments.

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February 6, 2018

Small FIs

Unlocking The Future For FI’s $2B And Under Club

If banking were a fairy tale, big banks would be Cinderella, and those with fewer than $2B in assets would be her stepsisters largely ignored by the modern, flashy banking tech platforms, says Urban FT CEO Richard Steggall. And why unlocking the future for the banks that represent 96 percent of U.S. banks means giving them configurable SaaS-based tech that complements their existing core banking systems.

 

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PYMNTS Data Drivers

In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details

More than 15M of people fall victim to identity theft each year — and those numbers will swell. The fraudsters are ever resourceful, picking and choosing data to fashion synthetic IDs. In this week’s Data Drivers, GIACT EVP of Product David Barnhardt explains that for firms seeking to find out who's really who, it’s not about getting new data, but digging for the truth in the details behind it.

 

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Alt Lending

Building A Better Lending Model To Serve SMBs Who Served

Veterans operate roughly 10 percent of SMBs in the U.S. — with a higher success rate than most other entrepreneurs. Mark Rockefeller, CEO of StreetShares, says that doesn’t mean banks are always enthusiastic about lending to them. StreetShares, fresh off its latest $23M capital raise, is out to build a better lending model that serves the entrepreneurs who’ve served.

 

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Corporate Treasurers And Same Day ACH

NEW STUDY: What Corporate Treasurers Want From Faster Payments

From A2A transfers to B2B payments, corporations of all sizes want money to move faster, and are using same-day ACH today to make it happen. We asked 500 corporate treasurers across a number of verticals about the use cases that deliver the most value, and where it’s still a matter of wait and see. Here, one tidbit from the 300 found in this Same-Day ACH Corporate Treasurers Study: More than half are upping their SDA use.

 

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What's Hot


Banks Shutter Branches At Their Fastest Rate In Decades


Bitcoin's Brief Bust Below $6K


Equifax Gives Lenders Access To SMB Data


Apple, Cisco Team Up On B2B Cybersecurity Fix


Regulators Press Congress For More Crypto Regs


ATM ‘Jackpotting’ Hackers Hauled Into Court


Another Hack Opens Amazon’s Key


Consumer Advocates Cry Foul On CFPB’s Equifax Stance


China Slams Door On Crypto Trading Sites


Bitcoin Daily: Bitcoin Keeps Plunging, North Korea's Crypto Hacks Net Billions


Best of Yesterday 


eBay/PayPal: What Everyone Missed


LendingClub: Getting Borrowers Off The Credit Hamster Wheel


 

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