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FIS, FICO Take Aim At Dirty Money With New AML Product

PYMNTS

The Jacksonville-based FIS said in a press release that its new AML system will draw upon “machine learning and artificial intelligence (AI)” to detect suspicious transactions, alert financial institutions (FIs) and arm “bank investigators with detailed, transparent intelligence.”. Department of the Treasury.

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Lowe’s Now Offers Prepaid Credit Cards For Construction Crews

PYMNTS

Lowe’s has added a prepaid solution for construction crews, using a platform from Fidelity National Information Services (FIS). PaymentsSource reported that while Lowe’s has long offered financing through its private-label credit card programs, this option is a poor fit for construction crews that need to manage ongoing expenses.

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Memorial Day: Remember Maurice "Maury" Hukill

Jeff For Banks

During the ensuing years, Syrian, Israeli and United Nations interventions failed to resolve the factional fighting and the resulting instability and bloodshed. Maury attended Virginia Tech, and in 1981 received his degree in forestry and wildlife management at VT's College of Natural Resources and Environment. into military service.

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4 ways to get more out of your core

Independent Banker

Not keeping up with a core vendor’s releases can also be costly to a community bank if it doesn’t leverage them, as releases often provide critical and important regulatory, compliance and feature function updates, says Maria Schuld, division executive, Americas Banking Solutions at FIS, which is headquartered in Jacksonville, Fla.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Jacksonville, FL. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. William Howle, Head of U.S. Ian Ayres, William K.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. Though native to Nebraska, the people of Memphis, Tennessee, drink the most Kool-Aid in the nation, followed by Little Rock, Arkansas; St.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C.,

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