FI

People’s Bank Of China: Hundreds Of Country’s Banks At Risk
People’s Bank Of China: Hundreds Of Country’s Banks At Risk
November 25, 2019  |  Banking

This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the...

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TCH Gives Banks An Open Banking Template
TCH Gives Banks An Open Banking Template
November 15, 2019  |  Data

FinTech firms need access to the data housed within traditional FIs. To get there, and to end the screen scraping (beloved by no one), The...

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NEW DATA: Banks Fail To Meet Consumer Desire To Drive Mobile Banking Authentication
NEW DATA: Banks Fail To Meet Consumer Desire To Drive Mobile Banking Authentication
November 14, 2019  |  Authentication

Consumers have come to expect specific services and features from their banks. New research conducted by PYMNTS, however, reveals that banks and other financial institutions...

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FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
November 14, 2019  |  AML

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and Countering Financing of...

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Deep Dive: How CUs Can Close The AI Innovation Gap
Deep Dive: How CUs Can Close The AI Innovation Gap
October 31, 2019  |  Credit Unions

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. However,...

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Apple Card And The FinTech, TechFin Conundrum
Apple Card And The FinTech, TechFin Conundrum
October 24, 2019  |  Apple

So far, the young life of the Apple Card has turned out pretty — perhaps even spectacularly — good, depending on the source. However, the...

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Metro Bank Chairman Leaves Board Amid Q3 Losses
Metro Bank Chairman Leaves Board Amid Q3 Losses
October 23, 2019  |  Earnings

Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...

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AML Compliance Isn’t Just Banks’ Burden
AML Compliance Isn’t Just Banks’ Burden
October 17, 2019  |  B2B Payments

Regulatory pressures and market forces are pushing the world’s financial institutions (FIs) to ramp up their anti-money laundering (AML) strategies. As this month’s PYMNTS Digital...

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