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.

Tencent Invests $180M In Brazilian FinTech Nubank
Tencent Invests $180M In Brazilian FinTech Nubank
October 09, 2018  |  Partnerships / Acquisitions

China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the...

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EU Probes Regulator Oversight On Danske Money Laundering Scandal
EU Probes Regulator Oversight On Danske Money Laundering Scandal
October 09, 2018  |  Regulation

The European Union’s (EU’s) banking supervisor wants to know more about how Denmark’s financial watchdog supervised Danske Bank, which is being investigated by the U.S....

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NEW REPORT: APIs As The Great Credit Equalizer
NEW REPORT: APIs As The Great Credit Equalizer
October 09, 2018  |  API

The rivalry that banks and FinTech firms might have experienced in the past now appears to be behind them. Both sides of the financial landscape...

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Aussie Bank Crackdown Takes Its Toll On ANZ Profits
Aussie Bank Crackdown Takes Its Toll On ANZ Profits
October 08, 2018  |  B2B Payments

Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters...

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ICC Taps Global Credit Data To Broaden Trade Risk Analysis
ICC Taps Global Credit Data To Broaden Trade Risk Analysis
October 08, 2018  |  B2B Payments

The International Chamber of Commerce‘s (ICC’s) Banking Commission is collaborating with bank-owned database Global Credit Data (GCD) to broaden the scope of the ICC’s Trade Register,...

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Investors Warned To Heed Big Bank Regulator Fines
Investors Warned To Heed Big Bank Regulator Fines
October 08, 2018  |  Bank Regulation

Investors shouldn’t shrug off fines against big banks that run afoul of banking regulations because they impact returns over the longer term. That’s according to...

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TransferMate Partners With AccountsIQ To Streamline FX Payments
TransferMate Partners With AccountsIQ To Streamline FX Payments
October 08, 2018  |  B2B Payments

B2B payments company TransferMate Global Payments has announced a partnership with AccountsIQ, which will enable its customers to access preferential FX rates for payments through...

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Why Gig Workers Prefer PayPal Over Direct Deposit
Why Gig Workers Prefer PayPal Over Direct Deposit
October 08, 2018  |  Disbursements

In the latest Disbursements Tracker, PYMNTS looks at why a growing group of gig workers and freelancers would rather be paid via PayPal than direct...

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US Treasury: JPMorgan Will Settle Sanction Claims For $5.3M
US Treasury: JPMorgan Will Settle Sanction Claims For $5.3M
October 07, 2018  |  Banking

To settle claims that it broke Iranian sanctions, Cuban Assets Control Regulations and Weapons of Mass Destruction bank regulations, JPMorgan Chase has agreed to a $5.3...

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