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.

Envestnet to Go Private in $4.5 Billion Deal With Bain Capital
Envestnet to Go Private in $4.5 Billion Deal With Bain Capital
July 11, 2024  |  Acquisitions

Wealth technology platform Envestnet plans to go private in a deal with Bain Capital. The company entered into a definitive agreement to be acquired by...

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Alacriti and Lumin Digital Partner to Facilitate Loan Payments
Alacriti and Lumin Digital Partner to Facilitate Loan Payments
July 11, 2024  |  Partnerships

Alacriti and Lumin Digital partnered to enable financial institutions to offer a seamless loan payment experience. The collaboration includes the integration of Alacriti’s Orbipay loan...

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Billtrust and Visa to Continue Collaboration on Business Payments Network
Billtrust and Visa to Continue Collaboration on Business Payments Network
July 11, 2024  |  Partnerships

Billtrust extended its collaboration with Visa, meaning Visa will continue to offer its financial institution clients access to Billtrust’s Business Payments Network (BPN). The two...

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Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds
Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds
July 11, 2024  |  Banking

Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. These banks have made progress in putting together account information for those...

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Fifth Third Debuts Tools to Ease Bank-Switching
Fifth Third Debuts Tools to Ease Bank-Switching
July 11, 2024  |  Banking

Fifth Third Bank says it has introduced tools to make changing financial institutions easier. “Switching banks has historically been stressful — scheduling an appointment at a bank to...

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Firms Look to Mitigate Consequences From Data Breaches
Firms Look to Mitigate Consequences From Data Breaches
July 11, 2024  |  Security & Fraud

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at...

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JPMorgan Chase Invests in Infrastructure, AI to Boost Market Share
JPMorgan Chase Invests in Infrastructure, AI to Boost Market Share
July 11, 2024  |  Banking

J.P. Morgan Chase is reportedly enhancing its competitive capabilities to remain the biggest bank in the United States. The bank is modernizing its infrastructure and...

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Markaaz CEO Says New Take on Data Helps Banks Close Small Business Identity Gap
Markaaz CEO Says New Take on Data Helps Banks Close Small Business Identity Gap
July 11, 2024  |  Authentication

How do you really know a business? The credit score can be misleading, especially for a small business that has weathered the pandemic. A profit...

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OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud
OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud
July 10, 2024  |  Security & Fraud

Banks can help combat fraud targeting consumers by verifying the accuracy of transactions, educating the public, and maintaining strong controls and fraud monitoring capabilities, Acting...

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