Banking

Banking
House Passes SAFE Banking Act, Aiming To Give Cannabis Businesses Banking Access
September 26, 2019

The U.S. House of Representatives passed H.R. 1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
UAE Sees First Digital Bank For SMBs
September 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
How To Better Served The Unbanked In Nigeria
September 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. That can be easier said...

Banking
Israel Approves New Digital Bank
September 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Metro Fails To Attract Investors To Bond Issue
September 23, 2019

Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even though it had a high yield, according to a report by Reuters. Get the Full Story Complete the form to...

Banking
Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
September 23, 2019

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. central bank said in a press release on Monday, Sept. 23. Get the Full Story Complete the form to...

Banking
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19). Get the Full Story Complete...

Banking
Wells Fargo Teams With Plaid On API-Supported Data Exchange
September 19, 2019

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. 19). Get the Full Story Complete the form...

Banking
How Banks Are Using AI, ML To Fight Account Opening Fraud
September 19, 2019

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 this form, you agree to receive marketing communications from PYMNTS and...