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.

60% of Millennials Are Interested in BNPL Plans From Their Banks
60% of Millennials Are Interested in BNPL Plans From Their Banks
July 13, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) plans seem to be everywhere, but the greenfield opportunity remains relatively untapped. In “Banking on Buy Now, Pay Later: Installment...

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Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
July 13, 2023  |  Loans

Today’s middle-market companies are tomorrow’s investment-grade companies. But as Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions...

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UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
July 12, 2023  |  Banking

The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized...

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Nearly Three-Quarters of Bank Customers Say Innovation Is What Keeps Their Business
Nearly Three-Quarters of Bank Customers Say Innovation Is What Keeps Their Business
July 11, 2023  |  Innovation

For account holders at financial institutions (FIs), innovative financial products are increasingly becoming must-haves. For PYMNTS’ study “Credit Union Innovation: The Race to Meet Consumer...

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SVB Financial Sues to Recover $1.9 Billion From FDIC
SVB Financial Sues to Recover $1.9 Billion From FDIC
July 10, 2023  |  Bank Regulation

Silicon Valley Bank’s parent company says America’s banking watchdog owes it $1.9 billion. To that end, SVB Financial filed suit Sunday (July 9) against the...

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Big Banks’ Loan Losses Spike as Credit Card Charge-Offs Rise
Big Banks’ Loan Losses Spike as Credit Card Charge-Offs Rise
July 10, 2023  |  Banking

America’s big banks are due to report their largest increase in loan losses since the pandemic. As the Financial Times reported Monday (July 10), analysts...

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Mastercard Uses AI to Spot Real-Time Payments Fraud for UK Banks
Mastercard Uses AI to Spot Real-Time Payments Fraud for UK Banks
July 06, 2023  |  Fraud Prevention

Mastercard has teamed with nine British banks to fight fraud via artificial intelligence (AI). Now live in the U.K., the company’s consumer fraud risk solution uses...

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South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country’s Financial Services Commission (FSC) announced Wednesday...

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Banks Try Digital Gift Cards to Turn Everyday Spend Into Loyalty Perk
Banks Try Digital Gift Cards to Turn Everyday Spend Into Loyalty Perk
July 03, 2023  |  Loyalty & Rewards

Today’s hostile macroclimate is proving to be historically hungry for consumers’ purchasing power. Record inflation is eating up Americans’ ability to make everyday purchases with...

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