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.

CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
October 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) swung for the fences this morning (October 22) as it issued the final version of its long-awaited Rule 1033 on...

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Embedded Finance Comes With Side-Helping of More Merchant Sales
Embedded Finance Comes With Side-Helping of More Merchant Sales
October 22, 2024  |  Payments Innovation

The promise of embedded payments — and the march toward embedded everything — says that commerce and money movement is seamless and intuitive. In the...

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Santander Positions New Digital Platform as First Step in US Expansion
Santander Positions New Digital Platform as First Step in US Expansion
October 21, 2024  |  Banking

Santander’s digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a...

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Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
October 21, 2024  |  Cross-border Payments

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move...

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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BNY and Mizuho Bank Collaborate on Trade Services in Asia
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024  |  Banking

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have...

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Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way...

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Regions ‘Monitoring’ Debit Interchange Rule as Card Income Dips
Regions ‘Monitoring’ Debit Interchange Rule as Card Income Dips
October 18, 2024  |  Banking

Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. The regional lender released quarterly earnings Friday (Oct. 18)...

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Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
October 18, 2024  |  Earnings

Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter...

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