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.

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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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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