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.

Customers May Come for Convenience, They’ll Stay for Choice and Speed

Customers May Come for Convenience, They’ll Stay for Choice and Speed
Customers May Come for Convenience, They’ll Stay for Choice and Speed
July 15, 2022  |  Banking

Marcell King, chief innovation officer at Paymentus, told PYMNTS in an interview that speed is top of the list when it comes to consumers’ expectations...

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JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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Kroo and ClearBank to Grow Partnership
Kroo and ClearBank to Grow Partnership
July 14, 2022  |  Banking

Real-time clearing and banking service provider ClearBank on Thursday (July 14) announced that it has been selected by Kroo to provide access to all U.K....

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JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
July 14, 2022  |  Earnings

JPMorgan Chase set aside $428 million in additional funds to cover bad loans and also temporarily shelved share buybacks as the country’s biggest bank posted...

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The Data Point: Younger Consumers Seek Convenience of Bundled Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022  |  Banking

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many...

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Corporate One Federal Credit Union on the Impact of Larger RTP® Network Transactions
Corporate One Federal Credit Union on the Impact of Larger RTP® Network Transactions
July 14, 2022  |  Faster Payments

The RTP® network raised the bar for real-time payments with its $1 million transaction limit. In the "Real-Time Payments Tracker®," Corporate One Federal Credit Union...

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Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
July 14, 2022  |  Banking

Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in...

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US Senate Confirms Barr for Top Fed Banking Post
US Senate Confirms Barr for Top Fed Banking Post
July 13, 2022  |  Politics

The Biden administration has scored a win for its financial regulatory team, as Michael Barr was finally confirmed as the vice chair for supervision of...

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