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.

Consolidation Trend Puts Bank-FinTech Partnerships in New Light
Consolidation Trend Puts Bank-FinTech Partnerships in New Light
September 16, 2024  |  Partnerships

Good things tend to consolidate as the cream rises to the top. The FinTech sector has seen meteoric growth over the past decade, disrupting traditional...

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60% of Millennials Primarily Use Mobile Banking Apps
60% of Millennials Primarily Use Mobile Banking Apps
September 16, 2024  |  Digital Banking

The surge in digital banking has redefined the financial services landscape, appealing particularly to tech-savvy younger generations. As digital transactions and mobile apps become commonplace,...

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Barclays Reportedly Struggling to Sell Merchant Payments Stake
Barclays Reportedly Struggling to Sell Merchant Payments Stake
September 15, 2024  |  Banking

Barclays is reportedly having trouble unloading a stake in its U.K. merchant payments unit. That’s according to a report Friday (Sept. 13) by Reuters, which...

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85% Of Gen Z Prefers Digital Payments to Cash
85% Of Gen Z Prefers Digital Payments to Cash
September 13, 2024  |  Digital Payments

The financial sector is at a pivotal moment, driven by a shift in consumer preferences and technological advancements. A PYMNTS Intelligence report “Tapping Into the...

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Illuma Labs Raises $9 Million for Bank Voice Verification
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024  |  Investments

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact...

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UK’s Smaller Banks Could Benefit From New Capital Rules
UK’s Smaller Banks Could Benefit From New Capital Rules
September 12, 2024  |  Banking

New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. That’s according to a report published by Reuters on Thursday...

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Form3 Raises $60 Million to Expand Account-to-Account Platform
Form3 Raises $60 Million to Expand Account-to-Account Platform
September 12, 2024  |  Investments

Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the...

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CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
CFPB Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
September 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay about $28 million in redress and penalties, saying the bank provided consumer reporting agencies...

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Banking-as-a-Service Focus Turns to Managing Financial Crime Risks
Banking-as-a-Service Focus Turns to Managing Financial Crime Risks
September 11, 2024  |  Security & Fraud

If you’re tracking year-to-date news stories, Banking-as-a-Service (BaaS) has been in the hot seat. The situation surrounding the Synapse bankruptcy and the limited ripple effect...

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