Bank

Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit

Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
July 29, 2020  |  Cross-border Payments

U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). Get...

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Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

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BIS To Open Four New Innovation Hubs Over Next Two Years
BIS To Open Four New Innovation Hubs Over Next Two Years
July 01, 2020  |  Banking

The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release....

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New Report: Why Bank of America Says AP Automation Is About Making, Not Breaking The Budget
New Report: Why Bank of America Says AP Automation Is About Making, Not Breaking The...
June 19, 2020  |  Next-Gen AP Automation

Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct...

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Travelex Ditches Sale After Banks Reject Offers
Travelex Ditches Sale After Banks Reject Offers
June 16, 2020  |  Partnerships

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the...

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FTC Releases State Data Of COVID-19 Related Consumer Complaints
FTC Releases State Data Of COVID-19 Related Consumer Complaints
June 12, 2020  |  Cybersecurity

Fraud was the top complaint related to coronavirus logged by the Federal Trade Commission (FTC), according to new reports released on the organization’s website. Get...

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Wells Fargo Announces New Risk Management Hires And Strategy
Wells Fargo Announces New Risk Management Hires And Strategy
June 01, 2020  |  Bank Regulation

Kevin Reen and Bill Juliano, who recently worked for J.P.Morgan Chase and Santander Bank respectively, will now serve as Wells Fargo‘s new corporate risk leaders,...

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How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
May 27, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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