Banking

Banking
Five Things to Watch as Synapse Bankruptcy Impact Shakes Up FinTechs
May 28, 2024

At this writing, on Tuesday (May 28), the ripple effects of Synapse’s bankruptcy keep rippling. But with each filing, with the reports that customers can’t retrieve their money, that sponsor banks and other FinTechs have walked away from relationships with the funds … and even...

Banking
Banking Takes a Page out of Retail’s ‘Clienteling’ Playbook
May 28, 2024

Banking, like any business, thrives on customer loyalty, on getting the right customers through the digital doors … and the branch settings too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
M&T Bank Taps Rich Data Co for AI Decisioning Platform
May 27, 2024

Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
JPMorgan Reportedly Looking to Expand Private Credit Business
May 23, 2024

JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. 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...

Banking
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
May 21, 2024

For banks eyeing the impact of the Durbin Amendment — and the prospect of debit interchange caps — there might be some relief coming from Congress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Paytm’s Shares Fall as Widening Losses Are Anticipated
May 21, 2024

Paytm’s stock has reportedly fallen considerably amid the company’s troubles with Indian banking regulators. 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...

Banking
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024

MercadoLibre is reportedly in talks to get a banking license in Mexico. 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...

Banking
JPMorgan: All New Employees Will Receive AI Training
May 20, 2024

At JPMorgan Chase, getting trained in artificial intelligence is now part of being hired. 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....

Banking
The Fed Reportedly Backing Off Tougher Capital Requirements
May 19, 2024

The tougher capital requirements the government had planned for banks may not be as tough. 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....