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.

Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022  |  Regulation

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...

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Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
July 06, 2022  |  Security & Fraud

A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer...

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Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
July 06, 2022  |  Disbursements

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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UK Banks Held to Higher Standards as APP Fraud Skyrockets
UK Banks Held to Higher Standards as APP Fraud Skyrockets
July 05, 2022  |  Security & Fraud

Authorized push payments (APP) fraud in the U.K. amounted to £583 million ($706 million) last year as financial fraud in the country increased 39% from...

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Voice of the CFO: Being Prepared Is Big Part of Job
Voice of the CFO: Being Prepared Is Big Part of Job
July 05, 2022  |  CFO

Over the last five years, the U.K. has seen Brexit, the pandemic and now the Russia-Ukraine war that is impacting all economies. Get the Full...

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Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach of More FIs
Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach...
July 04, 2022  |  Faster Payments

For the latest edition of "The Real-Time Payments Tracker," PYMNTS brought in executives from Payrailz and Jack Henry & Assoc. to learn how third-party organizations...

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Ion Bank, Lincoln 1st Bank Complete Merger
Ion Bank, Lincoln 1st Bank Complete Merger
July 03, 2022  |  Banking

The parent companies of Connecticut’s Ion Bank and New Jersey’s Lincoln 1st Bank announced Friday (July 1) that they have completed their previously announced merger....

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Alerus Financial Acquires SMB-Focused Metro Phoenix Bank
Alerus Financial Acquires SMB-Focused Metro Phoenix Bank
July 03, 2022  |  Acquisitions

Alerus Financial announced Friday (July 1) that it has completed its acquisition of MPB BHC, the bank holding company of Metro Phoenix Bank. Get the...

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EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 03, 2022  |  Banking

In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Get the...

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