Banking

Banking
As CFPB Rulemaking Proceeds, Trustly Regulatory Chief Says Open Banking Primed to ‘Empower’ Consumers
August 10, 2023

As the financial industry awaits the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rules governing data sharing, businesses of all sizes are preparing for potential changes in data access and standards. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Nearly 40% of Gen Z and Millennials Would Leave Banks Lacking Innovation
August 09, 2023

Potential customer loss could outweigh the cost of investing in payment methods that consumers demand. 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
Bank Loan Losses Hit Three-Year High at $19 Billion
August 09, 2023

American banks reported nearly $19 billion in loan losses during the second quarter. 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
KeyBank Expands Offerings of Cash Back and Early Deposit Access
August 07, 2023

KeyBank has added new ways for customers to earn better rates, get cash back and access deposits more quickly. 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
PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
August 07, 2023

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
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). 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
Strategic Mergers Help Credit Unions Survive — and Thrive — in a Tough Economy
August 04, 2023

Credit unions have long occupied a specific market niche within the financial industry. CUs favor more personalized and member-focused services than their bank counterparts but typically operate on a much smaller scale. This market niche has come under threat in recent years, however, as consumers...

Banking
JPMorgan CEO Jamie Dimon: New Bank Capital Requirements ‘Hugely Disappointing’
August 03, 2023

The head of America’s biggest bank said new capital requirements may have slowed economic growth. 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
FIS Sees Demand as Banks Shift to Digital Ahead of Worldpay Stake Sale
August 02, 2023

FIS Global posted second-quarter earnings results ahead of its pending sale of a stake in Worldpay that showed increasing demand from banks to digitize their services and capture accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...