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Monthly Archives: March 2019

ATM Operators’ Cash Settlement Accounts Still Face Questionable Closure, ATMIA Study Finds

A recent release from ATMIA suggests that despite the Department of Justice’s 2017 proclamation that Operation Choke Point had been terminated, many ATM operators have continued to have their cash settlement and other business accounts, apparently in good standing, closed for questionable reasons. ATMIA’s statement alleges that speculation is increasing that current closures may be tied more to de-risking strategies or profitability criteria than direct pressure from regulators.

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Dealership Financing Holds Strong for Auto Sales, but Online Loans Are Gaining Traction

Recently released research from Silicon Valley-based FICO, examined how consumers view the financing of new and used vehicles, as well as how vehicle finance companies are currently meeting customer expectations.

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Fiserv Joins Financial Data Exchange as a Board Member

Fiserv Inc., a global provider of financial services technology solutions based in Brookfield, Wis., announced its role as a sustaining member of the Financial Data Exchange, a non-profit group formed to establish information sharing and security standards for the financial sector. Fiserv brings decades of data aggregation expertise and experience to the group and will have a seat on the board.

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Wolters Kluwer Technology Helps Banks Manage Evolving Regulations and Compliance Risk

Central Bancompany, headquartered in Jefferson City, Mo., has implemented Wolters Kluwer’s regulatory change management offering along with its risk and controls assessment solution to streamline processes and enhance compliance risk management and controls among its 13 affiliated banks.

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Consumers Are on Board with Increased Mobile Security

With mobile transacting such as peer-to-peer payments, m-commerce purchases and bill pay on the rise, a recent survey from Atlanta-based Entersekt, a mobile-first fintech provider, focused on uncovering where security and authentication fall on the spectrum of concern for today’s mobile-driven consumers.

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