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.

CFPB Faces Fraud, Privacy Concerns in Open Banking Rules

CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
May 10, 2022  |  CFPB

On April 26 and 27, during his testimonies at the Senate and the House, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB) offered...

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Why Consumers Aren’t Banking Like It’s Still 2019
Why Consumers Aren’t Banking Like It’s Still 2019
May 10, 2022  |  Digital-First Banking

We’re traveling like it’s 2019.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Millennial Minute: Sharing Data Digitally Not a Hangup for 80% of Millennials Opening New Accounts
Millennial Minute: Sharing Data Digitally Not a Hangup for 80% of Millennials Opening New Accounts
May 09, 2022  |  Data

The pandemic has pushed the digital shift forward by three to five years minimum, and that’s made it easier — and more attractive — for...

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OCC’s Comptroller Orders Staff to Review Bank Merger Framework
OCC’s Comptroller Orders Staff to Review Bank Merger Framework
May 09, 2022  |  Bank Regulation

Speaking at an event Monday (May 9), Acting Comptroller of the Currency Michael Hsu discussed the need to rethink bank merger assessment and directed his...

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Banks Sidestep CE100’s Slide, Investors Seek Defensive Names in Healthcare
Banks Sidestep CE100’s Slide, Investors Seek Defensive Names in Healthcare
May 09, 2022  |  Connected Economy

To find the bright spots in a dismal week and to find where investors have been finding at least some safe haven, look toward the...

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Bangladesh’s BRAC Bank Offers Real-Time Cash Deposits
Bangladesh’s BRAC Bank Offers Real-Time Cash Deposits
May 08, 2022  |  Cash

BRAC Bank has debuted its Real-Time Cash Deposit Machine to let customers deposit cash any time, a company press release says. Get the Full Story...

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Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card Payments in India
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card...
May 06, 2022  |  Technology

In today’s FinTech news, Revolut waits on a United Kingdom bank license, as well as one in the United States. Plus, new rules in India...

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Younger Consumers Embracing Mobile Wallets, BNPL
Younger Consumers Embracing Mobile Wallets, BNPL
May 05, 2022  |  Mobile Wallets

Millennial consumers, along with their counterparts from Generation Z, have increasingly begun to turn to digital-first technologies to meet their banking and payment needs, with...

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Federal Regulators Propose New Low-Income Lending Rules
Federal Regulators Propose New Low-Income Lending Rules
May 05, 2022  |  Bank Regulation

U.S. regulators are set to rework the way banks lend money to lower-income communities. Get the Full Story Complete the form to unlock this article...

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