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.
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
April 12, 2024  |  Earnings

Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And...

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35% of US Consumers Would Welcome ‘Super App’ to Manage Finances
35% of US Consumers Would Welcome ‘Super App’ to Manage Finances
April 12, 2024  |  Mobile Applications

According to PYMNTS Intelligence, 95 million consumers would welcome a single mobile app to help manage their banking and shopping activities. This is one key...

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Virtual Banks Forge Ahead in Defining Banking’s Digital Future
Virtual Banks Forge Ahead in Defining Banking’s Digital Future
April 10, 2024  |  Digital Banking

The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements.  Santander’s...

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Wall Street Banks Regaining Share of Financing Deals
Wall Street Banks Regaining Share of Financing Deals
April 10, 2024  |  Loans

Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit....

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CHIPS Marks Migration to ISO 20222 Messaging
CHIPS Marks Migration to ISO 20222 Messaging
April 10, 2024  |  Payment Methods

The Clearing House says its CHIPS network has migrated to the ISO 20022 messaging format. The adoption of this format by CHIPS (Clearing House Interbank Payment...

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Capra Bank CEO Sees Huge Upside for AI and Risk Assessment
Capra Bank CEO Sees Huge Upside for AI and Risk Assessment
April 10, 2024  |  artificial intelligence

At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called...

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Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
April 10, 2024  |  Security & Fraud

There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Creating silos within an...

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Deutsche Bank Says Embedded Finance Is Changing Business Models
Deutsche Bank Says Embedded Finance Is Changing Business Models
April 10, 2024  |  Payments Innovation

Deutsche Bank Global Head of Embedded Finance Solutions Matthaeus Sielecki told PYMNTS that embedded finance is transforming verticals as far-flung as retail and logistics. Payments...

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Santander to Launch Openbank Digital Bank in US, Mexico
Santander to Launch Openbank Digital Bank in US, Mexico
April 09, 2024  |  Digital-First Banking

Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four...

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