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EWS readies Paze to help banks take on digital wallet market

Payments Dive

Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice of the digital wallet market, industry experts say.

Marketing 312
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NowRx: Digital Identity Benchmarks Help Healthcare Industry Set Tone For Privacy

PYMNTS

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Meanwhile, other markets are continuing to adjust with their own data protection laws.

Industry 298
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The banking industry is nationwide and is becoming less branch-focused.

National 195
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Western Union: Emerging Market GDP, Innovation Depend On Remittances

PYMNTS

In the payments industry, they’re known as remittances. They have provided critical support for those developing markets during the pandemic and will continue their importance after the pandemic is in the rearview mirror, a report by Oxford Economics , commissioned by Western Union , has found. The Flows — And Where The Money Goes.

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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. Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. In a Tuesday (Aug.

Fraud 234
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City National Bank, Extend Team On Virtual Corporate Cards

PYMNTS

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. Replacing them is much easier than replacing plastic cards.

National 172
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The Top 20 Deposit-Rich Industries for 2023

South State Correspondent

Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? In this article, we look at 20 deposit-rich industries that have above-average profitability. They are also more plentiful. there are more than 8,000 trade associations.

Industry 195