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.

Tourism Data Hack Leads Greek Banks To Cancel Thousands Of Their Cards
Tourism Data Hack Leads Greek Banks To Cancel Thousands Of Their Cards
January 22, 2020  |  Security & Fraud

All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. After consumer...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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Visa’s $5.3B FinTech Play, Wrapped In Plaid
Visa’s $5.3B FinTech Play, Wrapped In Plaid
January 14, 2020  |  VISA

Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Navigating The Increasingly Murky Waters Of Trade Finance
Navigating The Increasingly Murky Waters Of Trade Finance
January 13, 2020  |  B2B Payments

Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 trillion gap in available trade finance, non-bank players have flooded...

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Standard Chartered Backs China’s Linklogis
Standard Chartered Backs China’s Linklogis
January 12, 2020  |  B2B Payments

British bank Standard Chartered is investing an undisclosed amount in China’s supply chain platform Linklogis, earning an equity stake, and further enhancing its ongoing partnership,...

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The Push And Pull Of India’s Merchant Discount Rate Ban
The Push And Pull Of India’s Merchant Discount Rate Ban
January 08, 2020  |  Regulation

In physics, one of Newton’s Laws state that for every action, there is an equal and opposite reaction. In payments, it can be stated that...

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UK Police Investigate Travelex Ransomware Attack, Ransom Demand
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020  |  Security & Fraud

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Sodinokibi...

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Changes To Business Lending Underway At India’s PSU Banks
Changes To Business Lending Underway At India’s PSU Banks
January 06, 2020  |  B2B Payments

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3).  For...

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