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.

UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
March 11, 2022  |  Loyalty & Rewards

Loyalty programs and reward schemes are very popular in the U.K., with a recent PYMNTS report revealing that about 40% of the U.K.’s 67 million...

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Bank of America Introduces ACH Positive Pay on Its CashPro App
Bank of America Introduces ACH Positive Pay on Its CashPro App
March 10, 2022  |  Banking

With business clients from Bank of America using mobile devices to manage their treasuries and payments more often, the bank is rolling out its new...

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Regulators’ Tough Approach to Bank Mergers May Have a Silver Lining
Regulators’ Tough Approach to Bank Mergers May Have a Silver Lining
March 09, 2022  |  Banking

On March 8, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) held a hearing on the US Bancorp-MFUG Union Bank...

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Australian Regulator Rebuffs Updates to ePayments Code
Australian Regulator Rebuffs Updates to ePayments Code
March 08, 2022  |  International

An Australian regulator said the country’s banking industry has not convinced it to let banks impose new security measures for customers using online banking. The...

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Russian Banks Look to China’s UnionPay to Issue Cards
Russian Banks Look to China’s UnionPay to Issue Cards
March 06, 2022  |  International

Numerous Russian banks have said they plan to begin issuing cards using the Chinese UnionPay card operator system, combined with the Mir network from Russia,...

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Chinese Banks Revamp Ties With Russian Businesses to Avoid Sanctions, Report Says
Chinese Banks Revamp Ties With Russian Businesses to Avoid Sanctions, Report Says
March 03, 2022  |  Banking

Several Chinese banks are working to make sure they can maintain business with Russian clients and also avoid Western sanctions, Reuters reported Thursday (March 3)....

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Report: EU Considers SWIFT Ban for Belarus Banks
Report: EU Considers SWIFT Ban for Belarus Banks
March 03, 2022  |  International

Days after several Russian banks were reportedly barred from SWIFT, the international messaging system used to process payments, the European Union is considering adding banks...

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European Arm of VTB, Russia’s Second-Largest Bank, Could Close Within Days
European Arm of VTB, Russia’s Second-Largest Bank, Could Close Within Days
March 03, 2022  |  Banking

Regulators in Germany are preparing for the closure of the European arm of VTB, the second-largest bank in Russia. As Reuters reported Thursday (March 3),...

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Wells Fargo, Brand Exec Retooling Bank’s Image to Part Ways
Wells Fargo, Brand Exec Retooling Bank’s Image to Part Ways
March 02, 2022  |  Banking

Wells Fargo will be replacing Barri Rafferty, who was the point person for rehabilitating the bank’s image, The Wall Street Journal reported Wednesday (March 2)....

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