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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Interested in learning more?

Trends 474
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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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Protecting customers from disaster fraud: What financial institutions need to know

Abrigo

They may call or email individuals, claiming they need social security numbers or bank account details to process claims. Following Hurricane Helene, imposter scammers targeted affected Asheville, North Carolina residents. Applying for federal disaster assistance is free and does not require payment.

Fraud 195
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Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS

“Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world,” Martin Woods, a former investigator for Wachovia, the North Carolina-based financial services company that was acquired by Wells Fargo & Co., told the news outlet.

Report 279
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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

Bitcoin 268
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BoA Looks To Create Multi-Currency Digital Wallet

PYMNTS

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

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Truist's net income sinks amid steep securities losses

American Banker

Second-quarter profits at the North Carolina bank declined 33% from the same period a year ago following $6.7 billion of securities losses.