News

Banking
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
German Central Bank: Mergers Must Yield ‘Robust’ Competition
September 18, 2024

The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cross-border Payments
JPMorgan Joins BIS Cross-Border Payments Project Using Digital Currencies
September 18, 2024

Some of the world’s biggest banks and payments firms are teaming to rethink cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Security & Fraud
Reducing the Attack Surface: How Data Breaches Imperil Corporate Networks
September 18, 2024

Data breaches are like opinions — these days, it seems like everyone has one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

B2B Payments
Brex Launches Embedded Payments Solutions for B2B Software Vendors
September 18, 2024

Brex has launched an embedded payments solution designed to make it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Dollar Stores’ Slow Sales Aren’t Cramping Expansion Plans
September 18, 2024

The two biggest dollar store chains in the United States plan to open hundreds of locations despite cooling sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024

America’s largest bank is increasing its expansion efforts outside the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

B2B Payments
Check Still in the Mail? Digital Payments Bring Business Payments Up to Speed
September 18, 2024

We are nearly 25 years into the 21st century. For businesses, the shift from traditional, analog methods to seamless, digital-first payment processes should have happened long ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
FDIC’s New Merger Guidelines Heighten Focus on Bank Sector’s ‘Stability’
September 17, 2024

For the banks, the urge to merge may get held up by regulators — who’d formerly been using decades-old guidelines by which to judge the merits of those deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...