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.

Insiders Explain Why Employee Payments Are Ripe for Digital Innovation
Insiders Explain Why Employee Payments Are Ripe for Digital Innovation
September 15, 2022  |  Digital-First Banking

Last year, 76% of Americans used their banks’ mobile apps to conduct everyday banking tasks, from depositing checks to viewing statements, yet Atomic’s Lindsay Davis...

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Walmart Takes First Step to Launching Digital Bank With One
Walmart Takes First Step to Launching Digital Bank With One
September 14, 2022  |  Digital-First Banking

Retail banking, indeed.  In the most literal sense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
September 14, 2022  |  Regulation

Regulators at the Federal Reserve reportedly grown impatient with Citigroup’s response to its complaints about the bank’s systems for preventing mistakes. Get the Full Story...

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Citigroup Continues EMEA Hiring Spree
Citigroup Continues EMEA Hiring Spree
September 14, 2022  |  Personnel

Citigroup has hired Barry Weir, a 20-year JPMorgan veteran, who will join the bank’s U.K. deals team. The appointment comes amid a global hiring drive...

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Why Banking Apps Need to Be More Than Just Banking Apps
Why Banking Apps Need to Be More Than Just Banking Apps
September 14, 2022  |  Digital-First Banking

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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Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
September 13, 2022  |  Banking

Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a...

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PYMNTS Intelligence: Convenience Is King in Money Mobility
PYMNTS Intelligence: Convenience Is King in Money Mobility
September 13, 2022  |  Disbursements

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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