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.

Data Point: Nearly 25% of Consumers Verifying Digital Account Access Via Multiple Devices

Data Point: Nearly 25% of Consumers Verifying Digital Account Access Via Multiple Devices
Data Point: Nearly 25% of Consumers Verifying Digital Account Access Via Multiple Devices
April 18, 2022  |  Digital Banking

How we access banking services is undergoing seismic change, with PYMNTS research finding that nearly 70% of bank account holders use online accounts, and almost...

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Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck Economy 
Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck Economy 
April 18, 2022  |  Economy

For consumers — at least when it comes to confidence that they can handle mounting credit card debt in the face of inflation and even living...

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Bank of America Profits Drop Less Than Expected
Bank of America Profits Drop Less Than Expected
April 18, 2022  |  Earnings

Bank of America’s first-quarter profit fell less than anticipated, with a drop in international deal-making offset by robust consumer lending. Get the Full Story Complete...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
April 18, 2022  |  B2B Payments

When Surecomp announced Tuesday (April 12) a solution to mitigate the risk of duplicate trade financing fraud, the company tackled a type of fraud that...

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More FIs Step Up Digital Efforts to Meet Corporate Clients’ Demand for Consumer-Grade CX
More FIs Step Up Digital Efforts to Meet Corporate Clients’ Demand for Consumer-Grade CX
April 15, 2022  |  B2B Payments

Many financial institutions (FIs) are a bit behind when it comes to providing corporate clients with the same seamless, digital experiences they provide for consumers....

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CEO Greg Carmichael Stepping Down From Fifth Third Bancorp
CEO Greg Carmichael Stepping Down From Fifth Third Bancorp
April 15, 2022  |  Personnel

Fifth Third Bancorp CEO Greg Carmichael is retiring from his role effective July 5, according to a company statement on Friday (April 15). Carmichael will become executive chairman of...

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JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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FinTechs and the Retail Banking Reset
FinTechs and the Retail Banking Reset
April 15, 2022  |  Opinion

“Bank” is no longer just a location — somewhere you go — but has transformed into a verb — something you do. As the industry...

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