bank accounts

Bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded.

Paytm Founder Targeted In Blackmail Scheme

Paytm Founder Targeted In Blackmail Scheme
Paytm Founder Targeted In Blackmail Scheme
October 24, 2018  |  Cybersecurity

Three people have been remanded in India over an alleged plot to blackmail the founder of Paytm for $2.7 million. According to Reuters on Monday (Oct....

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Invoice Fraud Hits Microsoft?
Invoice Fraud Hits Microsoft?
October 19, 2018  |  B2B Payments

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere,...

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Curve Aims To Become The ‘Amazon Of Banking’
Curve Aims To Become The ‘Amazon Of Banking’
October 05, 2018  |  Innovation

An Amazon of banking? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Commonwealth Bank Of Australia Admits 2016 Customer Data Loss
Commonwealth Bank Of Australia Admits 2016 Customer Data Loss
May 02, 2018  |  Cybersecurity

Commonwealth Bank of Australia has lost track of some 20 million customer statements scheduled for destruction two years ago — records that contain personal details...

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Navajo Nation Says Wells Fargo Opened Unauthorized Accounts
Navajo Nation Says Wells Fargo Opened Unauthorized Accounts
December 14, 2017  |  Legal & Regulation

Wells Fargo is facing more legal woes, with the Navajo Nation filing a federal lawsuit this week against the bank, claiming it targeted tribal members...

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Plaid Launches New Tool For Enterprise Developers
Plaid Launches New Tool For Enterprise Developers
August 31, 2017  |  Banking

Plaid, the FinTech that assists financial services companies with app development to connect with users’ bank accounts, rolled out a new tool for API developers...

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Using The Blockchain To Bring Banking To Everyone
Using The Blockchain To Bring Banking To Everyone
May 10, 2017  |  Connected Economy

Refugees are among the most unique groups of people for whom to enable mobile payments and other financial services. Clearly an acute need is there,...

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