Banking

Banking
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting new customers, too — traditional, incumbent financial institutions may have a leg up over their digital upstart competitors. Get the...

Banking
Taliban to Replace Conventional Banking Network With Islamic Banking
March 21, 2022

The Central Bank of Afghanistan will update the south central Asian country’s financial rules, according to Jurist.org. 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...

Banking
In the Digital World, Community Banks Must Avoid ‘Rocks in Shoes’
March 21, 2022

As the pandemic ebbs, as branches reopen and omnichannel banking becomes the norm, community banks must beware a looming threat. 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
Why Cash is a Challenge for Challenger Banks
March 18, 2022

For most Americans, digital-first banking has become part of life. According to our January 2022 ConnectedEconomy™ Report, 67% of U.S. consumers say they interact with their bank using digital channels, including checking their balances, paying bills and monitoring transaction alerts. Get the Full Story Complete...

Banking
PYMNTS Intelligence: Why the Onboarding Process Is Key to Customer Retention in Corporate Banking
March 18, 2022

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...

Banking
PNC Bank on the Challenges of Client Onboarding in a Remote Business World
March 17, 2022

FIs face the daunting task of offering smooth, remote onboarding processes for commercial clients, but advanced technology can help. In the Next-Gen Commercial Banking Tracker, PNC Bank’s Lane Levengood explains how FIs can harness AI and process automation to improve the process.

Banking
Treezor Is First FinTech to Garner All Payment Licenses in France
March 16, 2022

Banking-as-a-service (BaaS) and embedded finance startup Treezor is the first FinTech in France to receive all eight payment licenses from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), according to a press release on Wednesday (March 16).  Get the Full Story Complete the form...

Banking
PNC Bank: Process Automation Cuts Friction, Improves Commercial Client Onboarding
March 16, 2022

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Banking
Lloyds to Divide Its Three Units Into Five
March 15, 2022

Lloyds Banking Group will divide its three units into five as part of a restructuring plan, Reuters reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...