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.

EU Banking Authority Payment Fraud Consult May Impact PSD2

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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With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
April 15, 2022  |  Banking

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PYMNTS AM Radar: Biden Will Nominate Barr; Gopuff Delivers New Exec; Spending More for Less; Compliance Balancing Act; Subscribing to Innovation
PYMNTS AM Radar: Biden Will Nominate Barr; Gopuff Delivers New Exec; Spending More for Less;...
April 15, 2022  |  Personnel

It’s finally Friday, the superhero of the workweek. Today is Friday (April 15), but taxes aren’t due — yet. Tax Day was bumped to Monday (April...

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