Banking

Banking
More Than One-Third of Banks Say Item-Level Receipt Data Cements Customer Loyalty
April 06, 2023

Financial institutions (FIs) have had many reasons to consider the benefits of investing in receipt data solutions. These range from fighting friendly fraud to helping their merchant partners personalize their loyalty programs, potentially increasing sales. Another driver is FIs’ hope to increase customer engagement through hyper-personalized offerings assisting consumers with spending...

Banking
Citi Expands Time Deposit Solution Designed Around Sustainability and ESG
April 05, 2023

Citi has expanded its Sustainable Time Deposit solution to institutional clients in the United States. 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
JPMorgan CEO Sees Shadow Banks Gaining, More SVB Fallout Coming
April 04, 2023

The macroclimate is moving from “a virtuous cycle to a vicious cycle,” according to Jamie Dimon. 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
Bunq Hopes to Bring EU Neobanking to the US
April 04, 2023

European neobank Bunq has applied to bring its business to “digital nomads” in the U.S. 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
Community Bank Customers Hit Pause on Mass Deposit Withdrawals
April 03, 2023

The bank runs are still fresh in our collective consciousness. 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...

Banking
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. 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
After SVB, Bank Runs and the Capitol Hill Fireworks … Now What?
April 03, 2023

The hearings on Capitol Hill are over.  At least for the moment. 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...

Banking
Money Market Funds See Biggest Quarterly Inflows Since Q1 2020
March 31, 2023

Investors are rapidly shifting their assets into money market funds. 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...

Banking
Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
March 30, 2023

U.S. Treasury Secretary Janet Yellen wants more oversight for the nonbank sector. 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...