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.

60% of Millennials are Interested in Bank-Provided BNPL Plans, If Available
60% of Millennials are Interested in Bank-Provided BNPL Plans, If Available
February 02, 2022  |  BNPL

Buy now, pay later (BNPL) plans are quickly changing how consumers today pay for products and services. About 20% of U.S. consumers are currently using...

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The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
January 31, 2022  |  BNPL

When general-purpose credit cards were introduced in the late 50s and early 60s, they were advertised as a way for consumers to buy something they...

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UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
January 31, 2022  |  Digital Payments

Car dealership JCT600 is the first retailer on record to make use of Lloyds’ PayFrom Bank account-to-account payment process, which displaces plastic cards for online...

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US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
January 30, 2022  |  Regulation

The U.S. Chamber of Commerce has concerns about a Biden nominee for the top banking supervisor at the Federal Reserve, Sarah Bloom Raskin, because she’s...

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P2P Service Chuck Launches in Massachusetts
P2P Service Chuck Launches in Massachusetts
January 28, 2022  |  Digital Payments

A Reading, Massachusetts community bank will be the first to go live with P2P payment service Chuck, a report from American Banker says. Chuck was...

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US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

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Shareholders OK Merger of Columbia Banking, Umpqua Holdings
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
January 26, 2022  |  Partnerships / Acquisitions

Columbia Banking Systems, which is the parent of Columbia State Bank, has gotten the green light to merge with Umpqua Holdings, a Seeking Alpha report...

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SavvyMoney Raises $45M Toward Credit Score Reporting, Analysis
SavvyMoney Raises $45M Toward Credit Score Reporting, Analysis
January 25, 2022  |  Investments

FinTech SavvyMoney, which works in the consumer credit business, announced Tuesday (Jan. 25) that it has raised $45 million in a new funding round. SavvyMoney’s...

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Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
January 25, 2022  |  Banking

The Central Bank of Brazil is introducing a program to connect the R$8 ($1.5 billion) sitting idle in financial institutions to the Brazilians who are...

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