banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Evolve Was Served a Cease-and-Desist Order — Now What?
Evolve Was Served a Cease-and-Desist Order — Now What?
June 17, 2024  |  Bank Regulation

The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect...

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Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
June 17, 2024  |  Partnerships

Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. Get the Full Story Complete the...

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QED Investors’ Gerety Says BaaS Model May Be Stronger Without Synapse
QED Investors’ Gerety Says BaaS Model May Be Stronger Without Synapse
June 17, 2024  |  Banking

The Synapse bankruptcy saga continues to rock the BaaS world, marked by last week’s revelation of $85 million in missing funds. The plot thickened last...

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Elder Scams Spike as More Boomers Move Online
Elder Scams Spike as More Boomers Move Online
June 14, 2024  |  Security & Fraud

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters...

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NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion
NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion
June 14, 2024  |  Acquisitions

New York Community Bancorp (NYCB) released financial information about its March acquisition of certain assets of Signature Bridge Bank, the successor to Signature Bank, from...

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Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
June 14, 2024  |  International

After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. Get the...

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They Said What? Notable Quotables From This Week in PYMNTS
They Said What? Notable Quotables From This Week in PYMNTS
June 14, 2024  |  This Week in PYMNTS

This week in PYMNTS, industry insiders discuss everything from composable banking to network tokenization to which tradeoffs lipstick buyers are and are not willing to...

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VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
June 14, 2024  |  Acquisitions

VersaBank needs only one more regulatory approval to proceed with its acquisition of Stearns Bank Holdingford. Get the Full Story Complete the form to unlock this...

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Why Banks Are Starting to Care About MACH Architecture
Why Banks Are Starting to Care About MACH Architecture
June 14, 2024  |  Digital-First Banking

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  Get the Full Story Complete the form to unlock...

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