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.

The Data Point: New Tech for Cross-Border Payments Rates With 64% of All FIs

The Data Point: New Tech for Cross-Border Payments Rates With 64% of All FIs
The Data Point: New Tech for Cross-Border Payments Rates With 64% of All FIs
June 30, 2022  |  Cross-border Payments

Financial institutions (FIs) are rising to the challenges of business clients seeking and doing more business in overseas markets, requiring a rethink — and in many...

READ MORE >
Brex on Leveling the Playing Field With Embedded Finance
Brex on Leveling the Playing Field With Embedded Finance
June 30, 2022  |  Banking

In this month’s "Embedded Finance Tracker," Brex COO Michael Tannenbaum tells PYMNTS how traditional lenders are using embedded finance to give customers the digital experiences...

READ MORE >
Canada’s Real-Time Rollout Offers Glimpse of Payments Possibilities
Canada’s Real-Time Rollout Offers Glimpse of Payments Possibilities
June 30, 2022  |  Faster Payments

Real-time payments are coming to Canada in 2023 as the country’s Real Time Rail (RTR) scheme gets switched on for a nation that’s been making good...

READ MORE >
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
June 29, 2022  |  Banking

Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and...

READ MORE >
45% of Financial Services Customers Say They Feel Safe Without Passwords
45% of Financial Services Customers Say They Feel Safe Without Passwords
June 29, 2022  |  Authentication

Consumers are open to the idea of letting go of passwords and using alternative authentication methods to log in to their financial services accounts. Get...

READ MORE >
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
June 29, 2022  |  Technology

In today’s FinTech news, Aussie FinTech Airwallex is moving into New Zealand with its multi-currency digital wallets, while Aussie bank Volt hands back its license....

READ MORE >
EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
June 29, 2022  |  Banking

In the early days of Europe’s neobank revolution, the continent’s 750 million+ inhabitants provided what felt like an unlimited pool of customers for a generation...

READ MORE >
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
PYMNTS Intelligence: How CUs Are Implementing Contactless Payments and Mobile Wallets
June 29, 2022  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Volt Exits Banking Sector; Will Return License, Funds 
Volt Exits Banking Sector; Will Return License, Funds 
June 29, 2022  |  Digital-First Banking

Australian challenger bank Volt is returning more than $100 million to its estimated 6,000 customers next week and handing its banking license back to regulators...

READ MORE >