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.

i2c President Says Banks Have Reset Their Go-to-Market Strategies
i2c President Says Banks Have Reset Their Go-to-Market Strategies
March 29, 2024  |  Banking

Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks...

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FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
March 28, 2024  |  Regulation

The Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. The agency is exploring ways to modernize these requirements and...

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Bank of America Launches Platform for Small Businesses and CDFIs
Bank of America Launches Platform for Small Businesses and CDFIs
March 27, 2024  |  SMBs

Bank of America launched an online platform that connects small business owners with community development financial institutions (CDFIs). The new Access to Capital Connector enables small business applicants...

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Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
March 27, 2024  |  Security & Fraud

Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. That’s according to a new report from the U.S. Treasury on dealing with artificial intelligence (AI)-centered...

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Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
March 27, 2024  |  Banking

Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly...

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Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024  |  Digital Banking

Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a...

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Swift Finds Connector Can Enable Wide Range of CBDC Transactions
Swift Finds Connector Can Enable Wide Range of CBDC Transactions
March 25, 2024  |  CBDC

Swift has released the results of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution. The findings suggest...

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Regions Bank Launches Programs to Promote Financial Literacy
Regions Bank Launches Programs to Promote Financial Literacy
March 25, 2024  |  Banking

Regions Bank is launching education programs to coincide with Financial Literacy Month in April. The effort, announced in a Monday (March 25) press release, will include online seminars,...

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J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

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