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Fraud report reveals attempted fraud transactions increased 92%
NICE Actimize has released a Fraud Insights Report that delves into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions. Leveraging collective intelligence... read more
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Major trends impacting payments modernization in 2023
The evolving payments landscape in commercial banking is a continued area of focus for financial institutions (FIs) and vendors. Broadly described as infrastructure or payments modernization efforts, FIs in particular... read more
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ACH Network moves 30 billion payments – $77 trillion in 2022
The modern ACH Network processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which... read more
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J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US
Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments. The latest... read more
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Has Elon Musk set his sights on the payments industry via Twitter acquisition?
Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more
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