Banking

Banking
Citi Unveils ‘Green Deposits’ For Environmentally Conscious Customers
November 23, 2020

Want to make sure all your money is green, as in invested in environmentally friendly projects? 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...

Banking
Today In Digital-First Banking: OCC Seeks Equal Access To Banking; Taxpayers Face $435B Hit From...
November 23, 2020

In today’s top news in digital-first banking, The Office of the Comptroller of the Currency (OCC) has proposed a personal banking rule intended to level the playing field, while U.S. taxpayers reportedly stand to take a hit of roughly $435 billion from borrowers’ failure to...

Banking
India’s Central Bank Recommends Integrating Corporates Into Banking
November 23, 2020

India’s central bank is considering allowing payment banks and other finance companies to become lenders. 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,...

Banking
HSBC Introduces New Real-Time Global Payments Tool
November 23, 2020

HSBC is introducing a new real-time payments tool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Legacy FIs Losing Sight Of SMB Data Must Step Up With Digital Agility
November 23, 2020

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. Get the Full Story Complete the...

Banking
Mastercard’s Vosburg: Trusted Intermediaries Will Drive Consumer Data Aggregation
November 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. But there’s a new data revolution underway and this one is on...

Banking
COVID Casts More Doubt On Future Of Bank Branches
November 20, 2020

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. Consumers were already shifting...

Banking
Mobile Banking App Users Pull Ahead Of FIs On Expectations
November 20, 2020

It’s been a long slog since April 2020 when a harmonic convergence of bad financial news and a worsening global health crisis formed the “crater” of the pandemic. April was also the month that financial institutions (FIs) and Big Tech firms alike learned that mobile...

Banking
Chime CEO Predicts Mobile Banking Surge Is Here To Stay
November 18, 2020

Chime, a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...