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 CFPB and the ‘Junk Fee’ Investigation: 3 Challenges Ahead

The CFPB and the ‘Junk Fee’ Investigation: 3 Challenges Ahead
The CFPB and the ‘Junk Fee’ Investigation: 3 Challenges Ahead
April 19, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) closed its public consultation on junk fees April 11. Two days later, the agency published a blog post highlighting...

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Société Généralee Launches Trade Finance Accelerator
Société Généralee Launches Trade Finance Accelerator
April 19, 2022  |  B2B Payments

French multinational investment bank Société Générale has launched what it calls the “Payment & Transaction Banking Accelerator” (P&T BAX). Get the Full Story Complete the...

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BaaS Platform NovoPayment Raises $19M
BaaS Platform NovoPayment Raises $19M
April 19, 2022  |  Investments

NovoPayment has raised $19 million in a Series A round to scale its Banking-as-a-Serivce (BaaS) platform, the company said in a news release Tuesday (April...

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UniCredit Expands Open Banking Alliance With Worldline
UniCredit Expands Open Banking Alliance With Worldline
April 19, 2022  |  Partnerships

Pan-European bank UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. Get the Full...

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BofA Digital Biz Hits 53% as Customers Use Zelle More Than Checks
BofA Digital Biz Hits 53% as Customers Use Zelle More Than Checks
April 18, 2022  |  Earnings

Before too long, we might be calling Bank of America a digital bank. Get the Full Story Complete the form to unlock this article and...

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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  |  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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