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.

Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
Goldman Sachs Forms Capital Solutions Group to Grow Private Credit Business
January 15, 2025  |  Business

Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking...

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JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
JPMorgan Reports Bounce in Credit and Debit Sales on ‘Healthy’ Consumer Spending
January 15, 2025  |  Earnings

J.P. Morgan Chase’s fourth-quarter earnings results showed continued momentum in consumer spending, with increased credit and debit card use. Consumers also drew down their deposit...

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Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
January 15, 2025  |  Credit Cards

For banks and credit unions looking to modernize, the timing has never been better. “Banks want to offer more competitive products, increase profitability and, critically,...

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Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
January 15, 2025  |  Opinion

Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook,...

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OCC Announces 3 Enforcement Actions Against Wells Fargo Leaders
OCC Announces 3 Enforcement Actions Against Wells Fargo Leaders
January 14, 2025  |  Regulation

The Office of the Comptroller of the Currency (OCC) has completed the enforcement actions it pursued against 11 former Wells Fargo senior bank executives. Three enforcement actions announced...

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The State of the Stablecoin as a Payment Mechanism
The State of the Stablecoin as a Payment Mechanism
January 14, 2025  |  Blockchain

For years, crypto has had its adherents and investors. But it was never truly taken seriously by the traditional financial sector and its composite institutions,...

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Understanding How Banks Actually Move B2B-Sized Money in Real Time
Understanding How Banks Actually Move B2B-Sized Money in Real Time
January 14, 2025  |  B2B Payments

Better payments help power better businesses. But across the B2B landscape, where payments can often entail intricate workflows, such as multi-entity approval processes, compliance checks,...

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Daniel Pinto Out at JPMorgan; Jennifer Piepszak Promoted to COO
Daniel Pinto Out at JPMorgan; Jennifer Piepszak Promoted to COO
January 14, 2025  |  Personnel

J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is retiring and will be replaced by Jennifer Piepszak, co-CEO of commercial and investment banking....

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Citi and Barclays Back Financial Data Collection Firm Validis
Citi and Barclays Back Financial Data Collection Firm Validis
January 14, 2025  |  Investments

Financial data collection firm Validis has received strategic investments from Citi and Barclays. The two banking giants will use U.K.-based Validis’ platform to automate financial...

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