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.

Auto Verification of Bank Account Owners Is Key to Sanctions Compliance

Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
May 27, 2022  |  Legal & Regulation

Sanctions have been dominating headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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National Australia Bank Debuts NAB Now Pay Later
National Australia Bank Debuts NAB Now Pay Later
May 26, 2022  |  BNPL

National Australia Bank (NAB) customers will now be able to preregister for the new buy now pay later (BNPL) service, as the bank tries to...

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JPMorgan Taps Blockchain for Collateral Settlements
JPMorgan Taps Blockchain for Collateral Settlements
May 26, 2022  |  Blockchain

JPMorgan has been using blockchain to carry out collateral settlements, Bloomberg News reported Thursday (May 26). Get the Full Story Complete the form to unlock...

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8 in 10 Small FIs Say Corporate Customers Face Money Management Frictions
8 in 10 Small FIs Say Corporate Customers Face Money Management Frictions
May 26, 2022  |  B2B Payments

Financial institutions (FIs) are pressed to address a number of key business-to-business (B2B) payment frictions, and many are currently working on or planning to work...

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10x, Westpac Unveil Transaction Banking Platform
10x, Westpac Unveil Transaction Banking Platform
May 26, 2022  |  Banking

FinTech 10x Banking is expanding its relationship with Banking-as-a-Service (BaaS) platform Westpac via the launch of a transaction banking platform for the bank’s institutional clients,...

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AI, Passive Authentication Are ‘Game Changers’ for Frictionless Commerce
AI, Passive Authentication Are ‘Game Changers’ for Frictionless Commerce
May 26, 2022  |  Cybersecurity

The best fraud prevention goes on in the background — stopping the bad actors, quietly, while enhancing the customer experience. Get the Full Story Complete...

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CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
May 25, 2022  |  CFPB

When Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified on Capitol Hill in late April about the agency’s future plans to promote open banking...

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CFPB to Push for Consumer Finance Innovation, Competition
CFPB to Push for Consumer Finance Innovation, Competition
May 24, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation, to promote more competition and look into stumbling blocks for new...

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