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.

Lenders Prepare for Defaults as Recession Looms
Lenders Prepare for Defaults as Recession Looms
January 30, 2023  |  Economy

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. As The Wall Street Journal (WSJ) reported Monday...

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Biometrics Emerge as Consumers’ Favorite Form of Authentication
Biometrics Emerge as Consumers’ Favorite Form of Authentication
January 27, 2023  |  Biometrics

The traditional password remains the most common authentication method modern consumers use for online transactions. This, as new PYMNTS and Entersekt research in the January...

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PayPal Remains Money-Storing App to Beat for Banks
PayPal Remains Money-Storing App to Beat for Banks
January 26, 2023  |  Mobile Wallets

Money-storing apps are going mainstream, and although PayPal leads in consumer popularity, financial institutions (FIs) may have a major opportunity to leverage the trust they...

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Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
January 25, 2023  |  Cryptocurrency

Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep...

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EU Assigns Highest Risk Weighting for Crypto Assets Requiring 1:1 Backing
EU Assigns Highest Risk Weighting for Crypto Assets Requiring 1:1 Backing
January 24, 2023  |  Cryptocurrency

European lawmakers are making the bloc’s financial institutions pony up to play with cryptocurrencies. This, as the European Parliament’s Economics and Monetary Affairs Committee on...

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Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
January 23, 2023  |  Bank Regulation

The rise of digital banking — and specifically, consumer lending — looks set for renewed focus from regulators. As reported last week, the Federal Reserve...

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BNY Mellon and Fiserv Team to Speed Up FX Rate Quotes
BNY Mellon and Fiserv Team to Speed Up FX Rate Quotes
January 23, 2023  |  Banking

BNY Mellon has teamed with Fiserv to offer financial institutions faster foreign exchange rate quotes. “One of the main challenges for U.S. financial institutions looking...

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Revolut Battles IBAN Discrimination With Irish Bank Accounts
Revolut Battles IBAN Discrimination With Irish Bank Accounts
January 23, 2023  |  Banking

Revolut is reportedly continuing its European expansion by offering Irish customers local bank accounts. As Bloomberg News reported Monday (Jan. 23), the launch of Irish...

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Deloitte and Marqeta Team to Speed Payment Modernization
Deloitte and Marqeta Team to Speed Payment Modernization
January 23, 2023  |  Partnerships

Card issuer Marqeta has teamed with consulting firm Deloitte to speed payment modernization. The partnership, announced in a press release Monday (Jan. 23), is aimed...

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