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PYMNTS.com 10/23/2020 04:02
The pandemic continues to affect almost all aspects of consumers’ lives, and their banking interactions are no exception. Consumers are increasingly seeking contactless ways to interact with their financial institutions (FIs), leading to a 200 percent jump in new mobile banking registrations during April. Foot traffic at bank branches fell by roughly 50 percent during […]
PYMNTS.com 10/23/2020 04:00
For the many businesses that have managed to endure the COVID-19 crisis, embracing changes that improve their cash flow and financial flexibility has been critical. Dean M. Leavitt, founder and CEO of Boost Payment Systems, told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated […]
PYMNTS.com 10/23/2020 02:44
Privileged access management (PAM) software provider Remediant has unveiled “immediate availability” of its SecureONE technology through the CyberXchange digital cybersecurity and compliance marketplace, according to an announcement. CISCOs, CIOs and IT professionals can locate and purchase Remediant offerings mapped to the significant cybersecurity designs like DFARS, NIST and CMMC for the first time, according to the […]
PYMNTS.com 10/23/2020 00:17
Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic. “In the current environment, consumers continue to behave cautiously, spending less, saving more and paying down debts. These behaviors are amplified by the cumulative effect of stimulus and widespread forbearance across […]
PYMNTS.com 10/22/2020 23:58
Another busy week in the rapidly digitizing world of grocery with a focus this week on making digital grocery orders more accessible to all coming in new upgrades to Whole Foods pickup and Aldi and Instacart’s joint SNAP expansion push. But even as consumers are getting increasingly digital in the grocery preferences, big names and big chains are […]
PYMNTS.com 10/22/2020 22:43
PayPal is looking at acquisition possibilities for cryptocurrency companies, including bitcoin custodian BitGo, a report from Bloomberg says. The move would help PayPal boost its embrace of digital coins. The company recently announced that users can buy, sell and hold digital coins including bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, and also use […]
PYMNTS.com 10/22/2020 21:25
The White House is in the final stretch of finishing guidance on how agencies in different sectors should regulate artificial intelligence (AI), according to a Wall Street Journal report on Wednesday (Oct. 21). Chief Technology Officer Michael Kratsios said at the WSJ Tech Live virtual conference that the guidance is a follow-up to January’s White […]
PYMNTS.com 10/22/2020 20:33
SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported. The South Korean telecommunications company’s wallet works with the Ministry of Public Administration and Security’s Government24 eCertificate effort that encourages […]
PYMNTS.com 10/22/2020 16:53
The UnionBank of the Philippines is digitizing its onboarding process to offer custom solutions that will aid in making banking transactions more seamless, the bank announced on Thursday (Oct. 22). Through The Portal, the bank's digital banking platform, the new solution will offer a variety of services including bills payments, payroll, fund transfers, check writing services, […]
PYMNTS.com 10/22/2020 16:39
Most investors claim to follow the data, which is good investing practice and even better marketing. Besides, no really successful investor is ever going to claim blind luck or gut instinct as their secret sauce. But letting the data drive one’s actual investment decision-making is a lot more difficult in practice than it is in […]

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