Banking

Banking
BoA Turns Up Heat On Gun Makers
February 26, 2018

Bank of America is taking a closer to look at its clients that make guns after the shooting at a high school in Parkland, Florida that killed 17 people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Bank Customers Sued For Taking Wrong Money From ATM
February 26, 2018

Central National Bank, located in Wichita, is trying to get back money it lost when an ATM gave a customer $100 bills instead of $5 bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Bank Of America Warns Of Crypto Risks
February 23, 2018

Bank of America has reported that cryptocurrency could represent a substantial threat to its business in its annual filing with the SEC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account
February 22, 2018

While mobile banking has its perks, a new survey has found that 60 percent of Americans prefer opening a new checking account in-person at a bank branch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
PayPal-Backed Raisin Savings App Launches U.K. Website
February 22, 2018

PayPal-backed Raisin has launched a dedicated U.K. site for its savings deposit marketplace. 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
Regulators In No Rush To Change Rules For FinTechs
February 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. 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...

Banking
BofA Community Development Banking Has Record 2017
February 16, 2018

Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The CDB provided $4.53 billion in loans, tax credit equity investments and other real estate development solutions. Get the Full Story...

Banking
Stash Raises $37.5M To Launch New Banking Service
February 13, 2018

Micro-investing app Stash announced it has raised an additional $37.5 million in Series D funding to help it achieve its goal of launching a new banking service in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Banks Shutter Branches At Their Fastest Rate In Decades
February 06, 2018

It has been a banner run for closing bank branches, according to reports in The Wall Street Journal, as the mass exodus of consumers to various digital channels has pushed the closure of 1,700 branches in the 12 months ending in June 2017. That is the largest...