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As branches close, mobile video chat spikes 

Bank Innovation

The Mountain Home, Idaho-based credit […]. “We can do anything over video that a branch can do except handle cash and coin,” said Tracey Miller, senior vice president of operations at Pioneer Federal Credit Union.

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Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

In addition to Texas, states involved in the Paxton suit include other Republican attorneys general from Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah. Over the last year, both the U.S.

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Equifax Strikes Deal To Buy Kount

PYMNTS

Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan. Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million.

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Regulators Urge Tech Innovation To Combat Financial Crime

PYMNTS

3) that urged banks to study and implement “where appropriate” methods that would bring innovate approaches to anti-money laundering efforts and Bank Secrecy Act compliance. Several regulatory agencies issued a joint statement Monday (Dec. Senate Hearing on AML.

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Kount Offers Anti-Fraud Product Aimed At Insurance Industry

PYMNTS

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. A downside to this: Fraudsters see consumer-oriented innovations as fresh ways to pursue their illegitimate line of work. In a Tuesday (Aug.

Fraud 234
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US Senate Committee Weighs Pros And Cons Of Digital Dollar

PYMNTS

However, committee Chairman Mike Crapo (R-Idaho) said the sector needs “rules of the road,” while ranking Democratic member Sen. He called innovations like a digital dollar and stablecoins “inevitable, beneficial, and the U.S. Digital dollar advocates told a U.S. should lead in their development.”

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Digital disbursement innovation is picking up speed in certain states, luckily, as digital payment technology becomes more readily available and less costly. In the State And Local Disbursements Report , PYMNTS examines the current state of disbursement innovation and reform for U.S. government departments. Government Agencies.

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