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.
Jump in Bad Loans Threatens Big Banks’ Earnings
Jump in Bad Loans Threatens Big Banks’ Earnings
January 08, 2024  |  Debt

The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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Embracing Emerging Technology as Payment Options Take Stage
Embracing Emerging Technology as Payment Options Take Stage
January 05, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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83% of Bank Execs Eye GenAI With Hope and Hesitation
83% of Bank Execs Eye GenAI With Hope and Hesitation
January 05, 2024  |  Artificial Intelligence

The financial services sector has long been a proving ground for emerging technologies. The current era of disruption is no exception to this history. GenAI...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
January 04, 2024  |  Bank Regulation

The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism....

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National Australia Bank Says Real-Time Cash and Working Capital Management Among 2024’s Banking Megatrends
National Australia Bank Says Real-Time Cash and Working Capital Management Among 2024’s Banking Megatrends
January 04, 2024  |  Banking

Several megatrends are shaping financial services, Nilesh Dusane, global head of institutional payments at AWS, and Shane Conway, executive general manager of transaction banking, enterprise payments and asset...

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Will 2024 See Crypto Make Good on Its Financial Inclusion Promise?
Will 2024 See Crypto Make Good on Its Financial Inclusion Promise?
January 04, 2024  |  Financial Inclusion

Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial...

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Journey From Screen Scraping to Open Banking More Marathon Than Sprint
Journey From Screen Scraping to Open Banking More Marathon Than Sprint
January 03, 2024  |  Bank Regulation

The movement to open banking here in the states will prove more marathon than sprint — with twists and turns along the way, with the...

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