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.

US Banks Closed Record Number of Branches in 2021
US Banks Closed Record Number of Branches in 2021
January 21, 2022  |  Banking

American banks closed a record number of retail branches as the industry consolidates and consumers embrace digital banking. As CNBC reported Friday (Jan. 21), U.S....

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Wells Fargo Sees Regulatory Order Eliminated as Company Moves Past Account Opening Scandals
Wells Fargo Sees Regulatory Order Eliminated as Company Moves Past Account Opening Scandals
January 20, 2022  |  Bank Regulation

Wells Fargo has had a 2015 regulatory order from the Office of the Comptroller of the Currency (OCC) eliminated, which involved add-on products which Wells...

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Today in the Connected Economy: Chicago Bulls Team With Klarna
Today in the Connected Economy: Chicago Bulls Team With Klarna
January 19, 2022  |  Connected Economy

Today in the connected economy, the Chicago Bulls team up with Klarna, while Instacart joins forces with Chase and Mastercard to launch a new credit...

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SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
January 19, 2022  |  Cryptocurrency

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC)...

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SoFi Granted Bank Charter
SoFi Granted Bank Charter
January 19, 2022  |  Banking

Digital finance firm SoFi Technologies was granted approval to become a national bank pending its acquisition of Golden Pacific Bancorp (GPB), according to a press...

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Agility Bank, Numerated Partner on ‘Bank of the Future’
Agility Bank, Numerated Partner on ‘Bank of the Future’
January 18, 2022  |  Partnerships

Women-led commercial community bank “Agility Bank (in organization)” is calling on FinTech startup Numerated to help it offer streamlined, digital lending experiences to clients using...

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AI Presents New Risk Model for Banks
AI Presents New Risk Model for Banks
January 18, 2022  |  Digital-First Banking

In the age of machine learning, when relying on algorithms that consume, process and ultimately deliver a verdict on large amounts of data, it can...

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Ending The ‘Square Peg, Round Hole’ Small Biz Banking Problem
Ending The ‘Square Peg, Round Hole’ Small Biz Banking Problem
January 18, 2022  |  SMBs

Small business banking suffers from a “square peg, round hole” problem. Michael Rangel, CEO of challenger bank Novo, told PYMNTS’ Karen Webster that small- to...

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Big Bank Earnings Show Consumer Spending’s Continued Resilience
Big Bank Earnings Show Consumer Spending’s Continued Resilience
January 17, 2022  |  Banking

As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable...

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