Banking

Banking
Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
September 13, 2022

Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a drop in quarterly net income from one year ago. Get the Full Story Complete the form to unlock this article...

Banking
PYMNTS Intelligence: With Digital Payment Needs Growing, Embedded Finance Can Help
September 09, 2022

The banking and financial services industry is undergoing a rapid digital transformation. In response to the pandemic and the emergence of new technologies, consumers are rapidly exchanging traditional financial products and services for innovative digital solutions. Get the Full Story Complete the form to unlock...

Banking
KeyBank on Why the Future Is Already Here With Embedded Banking
September 08, 2022

Embedded finance helps businesses reduce the risk of fraud and expands support for consumers’ preferred payment methods. In the "Embedded Finance Tracker®," KeyBank’s Bennie Pennington tells PYMNTS how this technology is allowing merchants to offer more cohesive end-to-end services to their customers.

Banking
Embedded Finance Expands Payments Options, Reduces Merchant Risk, Says KeyBank
September 07, 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
JPMorgan Hires in Germany to Expand Retail Banking
September 05, 2022

JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters wrote Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
CMA Cracks Down on ‘Bundling’ Rules Breach at Top UK Banks
September 05, 2022

The United Kingdom’s Competition and Markets Authority (CMA) this week announced that it has directed NatWest to issue refunds after it was found to have breached banking rules that forbid “bundling.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
August 31, 2022

In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues from a policymaking perspective. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
SavvyMoney Adds New Client Portal for Bank, Credit Union Partners
August 31, 2022

Integrated credit score solution provider SavvyMoney has launched a new client portal that brings the resources it offers its bank and credit union partners together in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Surecomp, BIDV Partner to Meet Demand for Trade Finance in Vietnam
August 30, 2022

Trade finance solution provider Surecomp has partnered with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to deploy Surecomp’s trade finance platform as part of the bank’s broader digital transformation. Get the Full Story Complete the form to unlock this article...