Tag: Financial Institution

Stay updated on financial institution trends and developments. PaymentsJournal offers expert analysis and news to help you navigate the evolving landscape of the financial industry.

Debit Goes Digital As Fintechs and Networks Deliver Emerging Trends

by PaymentsJournal

August 14, 2023

While debit card transactions have always been popular, new digital technology and the surge of fintechs are catapulting debit usage ...

ISO 20022: Enriched and Structured Data Messaging Creates Opportunity for Seamless Payments

by Joanne Strobel, Head of CIB Segments Solutions and Advisory for Wells Fargo GTM

August 2, 2023

Whether paying for a taxi ride from the airport, optimizing your company’s working capital position or making that impulse purchase ...

FIs Should Offer Business Card Programs or Risk Losing Business

by PaymentsJournal

August 1, 2023

It’s a mistake for financial institutions to not offer commercial and small-business card programs. If businesses don’t obtain the desired ...

Banks and Generative AI, Banks Tech Investment Cost, Data-Driven Future of Banking, Deutsche Bank CEO Change, Canadian banks consumer protection

How Banks and Financial Services Can Approach ChatGPT and Generative AI

by Dr. Muddu Sudhakar

July 6, 2023

In his latest annual shareholder letter, JPMorgan Chase CEO Jamie Dimon sounds more like the founder of a fintech startup, ...

The Bank of England Successfully Migrates CHAPS to ISO 20022

by Connie Diaz De Teran

July 5, 2023

ISO 20022 is the definitive global standard for financial messaging, which aims to regulate the electronic data exchange between financial ...

Fiserv Moves to the Big Board: Putting the FI into Fiserv

by Brian Riley

May 26, 2023

Plenty of companies claim to be leaders in the payment industry, but only a handful have the global prowess of ...

Mastercard API Leverages Open Banking to Target Fraud in Onboarding, Transactions

by Craig Lancaster

May 15, 2023

A new Mastercard interface—which the card giant dubs its Open Banking for Account Opening solution—provides integrated identity verification as new ...

ISO 20022 Survey Reveals More Needs to Be Done Before Deadline

by Connie Diaz De Teran

May 8, 2023

ISO 20022, a single standard approach to facilitate communication interoperability between financial institutions, their market infrastructures, as well as their ...

Crypto Assets Are at the Forefront of Ransomware Growth

by Connie Diaz De Teran

May 4, 2023

A growing number of ransomware attacks are demanding cryptocurrencies for payment, creating compliance burdens for financial institutions, according to Reuters. ...