Banking

Banking
Yellen Warns Banks Could Pull Back on Lending
April 16, 2023

America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
April 14, 2023

Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Banking
Digital Platforms Give Banks New Testing Ground for Personalized Experiences
April 14, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
Austria’s Erste Group Unveils New Platform to Improve Digital Banking for Businesses
April 13, 2023

Following the launch of its popular consumer digital banking service, George, Erste Group, one of the largest financial institutions (FIs) in Austria, has unveiled George Business for businesses and corporate clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
UK Small Business Adoption of Open Banking Surges, Surpassing Consumer Use
April 12, 2023

As of January this year, about 10% of U.K.’s population is using open banking services. The number of active users crossed the 7 million mark around the same time the country celebrated the fifth anniversary of adopting open banking regulation. Get the Full Story Complete the form to unlock...

Banking
Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch
April 12, 2023

The list of financial institutions — smaller banks among them — readying for real-time payments grows longer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Banking
UK Considers Speedier Depositor Payouts and Other Deposit Protections
April 12, 2023

The United Kingdom is considering changes around deposit insurance, especially in smaller banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Banking
Banks That Backed First Republic Set Aside $100 Million Reserves
April 12, 2023

America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Banking
Open Banking and Machine Learning Aid the Battle Against False Declines
April 12, 2023

Elizabeth Graham, product manager at Entersekt, said false declines carry significant risks for banks and merchants, where consumer loyalty is critical. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....