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.

Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended

Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
Banks Tell CFPB No Card Late Fee Data Unless Rulemaking Deadline Extended
July 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) may need to extend the deadline to submit comments on its Advance Notice of Proposed Rulemaking (ANPR) about credit...

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HSBC Names Mark Evans to Lead Cross-Border Payments
HSBC Names Mark Evans to Lead Cross-Border Payments
July 15, 2022  |  Personnel

HSBC has appointed Mark Evans to the role of global head of Cross Border and Cross Currency Payments, Global Liquidity and Cash Management (GLCM), responsible...

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Customers May Come for Convenience, They’ll Stay for Choice and Speed
Customers May Come for Convenience, They’ll Stay for Choice and Speed
July 15, 2022  |  Banking

Marcell King, chief innovation officer at Paymentus, told PYMNTS in an interview that speed is top of the list when it comes to consumers’ expectations...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022  |  CFPB

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up...

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The Data Point: Younger Consumers Seek Convenience of Bundled Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022  |  Banking

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many...

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NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
July 14, 2022  |  Bank Regulation

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has made it a priority for the bureau to fight against “junk fees,” overdraft fees,...

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Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto Regs
Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto...
July 13, 2022  |  Cryptocurrency

Deputy Bank of England Governor Jon Cunliffe recently said in a speech that the volatility and losses in crypto necessitate regulation, per a publication from...

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