Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Paycheck-to-Paycheck Consumers Drive Bundled Banking, Connected Economy
Paycheck-to-Paycheck Consumers Drive Bundled Banking, Connected Economy
July 18, 2022  |  Banking

It may be the paycheck-to-paycheck consumers who wind up at the vanguard as the Connected Economy takes shape, with bundled banking highly valued and sought...

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Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
July 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) may need to extend the deadline to submit comments on its Advance Notice of Proposed Rulemaking (ANPR) about credit...

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HSBC Names Mark Evans to Lead Cross-Border Payments
HSBC Names Mark Evans to Lead Cross-Border Payments
July 15, 2022  |  Personnel

HSBC has appointed Mark Evans to the role of global head of Cross Border and Cross Currency Payments, Global Liquidity and Cash Management (GLCM), responsible...

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Customers May Come for Convenience, They’ll Stay for Choice and Speed
Customers May Come for Convenience, They’ll Stay for Choice and Speed
July 15, 2022  |  Banking

Marcell King, chief innovation officer at Paymentus, told PYMNTS in an interview that speed is top of the list when it comes to consumers’ expectations...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022  |  CFPB

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up...

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The Data Point: Younger Consumers Seek Convenience of Bundled Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022  |  Banking

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many...

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NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
July 14, 2022  |  Bank Regulation

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has made it a priority for the bureau to fight against “junk fees,” overdraft fees,...

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Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto Regs
Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto...
July 13, 2022  |  Cryptocurrency

Deputy Bank of England Governor Jon Cunliffe recently said in a speech that the volatility and losses in crypto necessitate regulation, per a publication from...

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