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.

Elder Scams Spike as More Boomers Move Online

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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BNP Paribas and BPCE Partner to Create Payment Processor
BNP Paribas and BPCE Partner to Create Payment Processor
June 13, 2024  |  Partnerships

BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also...

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Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
June 13, 2024  |  Personnel

Wells Fargo has reportedly fired more than a dozen workers accused of faking work. Get the Full Story Complete the form to unlock this article...

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Foreign Card Use Brings US Dollars Back to Venezuela
Foreign Card Use Brings US Dollars Back to Venezuela
June 13, 2024  |  International

Foreign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. Get the Full Story Complete the form to unlock this article and...

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