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.

Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
February 11, 2022  |  Buy Now Pay Later

Banks are getting ready to embrace buy now, pay later (BNPL) — likely in a major way. The urgency is there, as more than 40%...

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Regulators Warn Banks to Prepare for a Russian Cyberattack 
Regulators Warn Banks to Prepare for a Russian Cyberattack 
February 09, 2022  |  Cybersecurity

As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet...

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Consumer Advocates Could Find a Friend in the FDIC to Fight ‘Rent-a-Bank’ Loans
Consumer Advocates Could Find a Friend in the FDIC to Fight ‘Rent-a-Bank’ Loans
February 08, 2022  |  Regulation

A dozen consumer protection groups like the National Community Reinvestment Coalition are calling on the Federal Deposit Insurance Corporation (FDIC) to stop a practice known...

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APIs to Drive Banking-as-a-Service Growth in 2022
APIs to Drive Banking-as-a-Service Growth in 2022
February 08, 2022  |  API

Amid the pandemic, banks have had to get creative to meet customers’ demands for new products and an increasingly digital experience. Matt Naish, head of...

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With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
February 07, 2022  |  Cryptocurrency

The fast-growing U.S. crypto debit card market has a new entrant in Wirex, a U.K.-based digital payments platform that claims the first such cryptocurrency-based payments...

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Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 
Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only...
February 07, 2022  |  CBDC

The Bank of England, like many other central banks around the world, is still weighing the pros and cons of issuing a central bank digital...

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Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
February 06, 2022  |  Banking

A coalition of advocacy groups wants U.S. regulators to look more into banks partnering with FinTechs to charge predatory interest rates that would be otherwise...

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US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
February 02, 2022  |  Banking

International banks got the go-ahead from the U.S. Treasury Department to allow money transfers to Afghanistan for humanitarian purposes on Wednesday (Feb. 2), adding that...

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FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
February 02, 2022  |  International

Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform...

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