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.

JPMorgan Rolls Out Grant For Diverse SMBs
JPMorgan Rolls Out Grant For Diverse SMBs
March 24, 2022  |  SMBs

J.P. Morgan Chase has rolled out a new program to help Black, Hispanic and Latino-owned businesses get capital, a press release says. Called the Diverse...

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Study: Only 14% of Young Consumers Favor Credit Unions
Study: Only 14% of Young Consumers Favor Credit Unions
March 24, 2022  |  Credit Unions

When it comes to the bank versus credit union (CU) debate, it’s clear where the loyalty of younger consumers lies. A PYMNTS survey found younger...

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European Central Bank to Phase Out Temporary Easy Collateral Terms
European Central Bank to Phase Out Temporary Easy Collateral Terms
March 24, 2022  |  Bank Regulation

The European Central Bank (ECB) plans to end easy collateral terms that commenced at the start of COVID-19 and tighten banks’ access to liquidity, the...

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Consumers Want, Expect Interconnected Banking and Embedded Finance
Consumers Want, Expect Interconnected Banking and Embedded Finance
March 24, 2022  |  Digital-First Banking

Not all that long ago, at the dawn of the millennium, money movement was no easy task. Netspend President Kelley Knutson told Karen Webster that...

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BoA Launches Secured Credit Card, Business Center for Entrepreneurs
BoA Launches Secured Credit Card, Business Center for Entrepreneurs
March 23, 2022  |  Banking

Bank of America has rolled out a new Business Advantage Unlimited Cash Rewards Secured credit card aimed at entrepreneurs looking to launch a new business...

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Investors Call Out JPMorgan’s Dimon For Lack of Tech Spend Candor
Investors Call Out JPMorgan’s Dimon For Lack of Tech Spend Candor
March 23, 2022  |  Banking

J.P. Morgan Chase CEO Jamie Dimon — known for financial discipline and being among the most respected Wall Street bankers — is being called out...

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South Africa Reserve Bank Will Take Its African Bank Stake Public
South Africa Reserve Bank Will Take Its African Bank Stake Public
March 22, 2022  |  IPO

The South African Reserve Bank on Tuesday (March 22) announced plans to launch an initial public offering (IPO) for its 50% stake in small lender...

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CMA Warns Barclays, Lloyds to Comply With Open Banking Order
CMA Warns Barclays, Lloyds to Comply With Open Banking Order
March 22, 2022  |  Bank Regulation

The U.K. Competition and Markets Authority (CMA) on March 21 sent two letters to Barclays and Lloyds to communicate the regulator’s concerns about breaching their...

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Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022  |  artificial intelligence

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems...

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