Most small and midsize business (SMB) owners have adopted new banking technology but are experiencing losses due to inflation. What's more, 70% of SMB...

Phishing surpassed vulnerability exploitation as 2021’s top fraud vector, with big banks among the most imitated brands. On a list of the top 11 most-spoofed companies in phishing attacks, BMO Harris and Chase came in at fourth and fifth, respectively, according to a recent report from technology consultancy IBM. June 2021 saw the highest number […]

Radha Suvarna, head of enterprise payments strategy and innovation at Citizens, will join the panel “Strategies for Automating Payment Processes” on Wednesday, March 2, at 11:15 a.m. ET at Bank Automation Summit 2022. The Summit will be held March 1-2 at JW Marriott in Charlotte, N.C. The panel will discuss real-time transaction processing, embedded payments […]

Payments sent using Zelle surpassed checks written by Bank of America customers in 2021. The real-time payments platform’s usage was also up 20% in January 2022 over the previous year. The $3.1 trillion bank saw a 17% increase at $335 million in total payments during January, its second-highest month of spending on record. Bank of […]