banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

How Banks Can Reengage the 53 Million Credit Outsiders
How Banks Can Reengage the 53 Million Credit Outsiders
February 07, 2025  |  Consumer Insights

A significant segment of the U.S. population — approximately 53 million individuals — remains outside the traditional credit card ecosystem. These “credit card outsiders” encompass...

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Banks Offering Instant Payments Say Bills Are Top Consumer Use
Banks Offering Instant Payments Say Bills Are Top Consumer Use
February 07, 2025  |  Real-Time Payments

For banks still on the fence about real-time payments, here’s a reality check: Not offering instant payments doesn’t just mean losing potential new customers —...

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P2P Launches Digital Finance Platform Powered by Mbanq
P2P Launches Digital Finance Platform Powered by Mbanq
February 06, 2025  |  Partnerships

FinTech company P2P partnered with FinTech and embedded finance firm Mbanq to launch a digital finance platform for Brazilians in the United States. The P2P...

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FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
February 06, 2025  |  Cloud Banking

FirstRand Group, the largest financial institution by market capitalization in Africa, said Wednesday (Feb. 5) that it will adopt Fiserv’s cloud-based banking platform, Finxact. Finxact...

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Banco Santander Credits Technology Platforms for Achievement of Record Results
Banco Santander Credits Technology Platforms for Achievement of Record Results
February 05, 2025  |  Technology

Banco Santander credited its technology platforms with helping it achieve record results in 2024. “As one of the largest retail and consumer banks in the...

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New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

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Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
February 05, 2025  |  Opinion

Innovation and collaboration lead to new ways to meet credit union needs, Velera Chief Service Officer Dean Young writes in a new PYMNTS eBook, “The Innovation Mindset:...

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FDIC Rates 3 of 60 Banks ‘Outstanding’ in CRA Compliance
FDIC Rates 3 of 60 Banks ‘Outstanding’ in CRA Compliance
February 04, 2025  |  Bank Regulation

The Federal Deposit Insurance Corporation (FDIC) rated three banks “outstanding” in its latest monthly list of banks examined for Community Reinvestment Act (CRA) compliance. The remainder of...

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AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
February 04, 2025  |  Security & Fraud

The digital shift that started during the pandemic sent consumers toward social media platforms for online shopping, which are considered card-not-present transactions. It continues today....

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