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.

FinTechs and the Retail Banking Reset
FinTechs and the Retail Banking Reset
April 15, 2022  |  Opinion

“Bank” is no longer just a location — somewhere you go — but has transformed into a verb — something you do. As the industry...

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PYMNTS AM Radar: Biden Will Nominate Barr; Gopuff Delivers New Exec; Spending More for Less; Compliance Balancing Act; Subscribing to Innovation
PYMNTS AM Radar: Biden Will Nominate Barr; Gopuff Delivers New Exec; Spending More for Less;...
April 15, 2022  |  Personnel

It’s finally Friday, the superhero of the workweek. Today is Friday (April 15), but taxes aren’t due — yet. Tax Day was bumped to Monday (April...

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UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022  |  Security & Fraud

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of...

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Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
April 13, 2022  |  Technology

In today’s FinTech news, cryptocurrency firm Circle Internet Finance is one step closer to becoming a bank, while Libeo is launching one-click accounts receivable (AR)...

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Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022  |  CBDC

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. By and...

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JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
April 13, 2022  |  Earnings

Consumer spending is fine. Card volumes are fine. Credit is fine too — at least for now. But J.P. Morgan’s latest earnings results show that,...

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Chinese Banking Agencies Issue Guidance About NFT Risks
Chinese Banking Agencies Issue Guidance About NFT Risks
April 13, 2022  |  NFTs

Three financial bodies in China issued a joint statement on Wednesday (April 13) regarding the risks associated with non-fungible tokens (NFTs), according to multiple media...

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The Opportunity in Offering Banks a BNPL Path
The Opportunity in Offering Banks a BNPL Path
April 13, 2022  |  Opinion

There’s an opportunity in offering banks a means to get into the buy now, pay later (BNPL) space, Adam Hughes, CEO of Amount, writes in...

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Nigerian Central Bank Grants Mobile Banking License to MTN to Operate Momo Payment Service Bank
Nigerian Central Bank Grants Mobile Banking License to MTN to Operate Momo Payment Service Bank
April 11, 2022  |  Banking

The Central Bank of Nigeria (CBN) has approved a mobile banking license for South African telecom MTN, allowing it to operate as Momo Payment Service...

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