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.

FDIC Rates 5 Banks ‘Outstanding’ in CRA Compliance
FDIC Rates 5 Banks ‘Outstanding’ in CRA Compliance
January 03, 2025  |  Bank Regulation

The Federal Deposit Insurance Corporation (FDIC) rated five banks “outstanding” and one bank “needs to improve” in its latest monthly list of banks examined for...

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90% of FinTechs View Credit Unions as Collaborators, Not Competitors
90% of FinTechs View Credit Unions as Collaborators, Not Competitors
January 03, 2025  |  Credit Unions

In the financial services market, credit unions (CUs) and financial technology (FinTech) companies are moving from rivals to partners. As consumer demand for seamless banking...

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Infinant Raises $15 Million to Expand Cloud-Based Banking Platform
Infinant Raises $15 Million to Expand Cloud-Based Banking Platform
January 02, 2025  |  Investments

Infinant has raised $15 million in a Series A funding round to expand its cloud-based bank platform. The company will use the new funding to...

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US Bank Division Sees AI and APIs Meeting Customer Expectations
US Bank Division Sees AI and APIs Meeting Customer Expectations
January 02, 2025  |  Payments Innovation

If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. There are five main threats...

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Strategic Shifts and Key Takeaways: Financial Leaders Reflect on 2024
Strategic Shifts and Key Takeaways: Financial Leaders Reflect on 2024
January 01, 2025  |  Payments Innovation

The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing...

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‘Debanking’ Debate Resurfaces Amid Trump’s Return to Office
‘Debanking’ Debate Resurfaces Amid Trump’s Return to Office
December 31, 2024  |  Banking

Will Donald Trump’s return to the Oval Office bring a crackdown on “debanking?” As the Financial Times (FT) noted in an opinion piece Tuesday (Dec. 31), there’s...

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FinTech Dave Says DOJ Lawsuit Is ‘Government Overreach’
FinTech Dave Says DOJ Lawsuit Is ‘Government Overreach’
December 31, 2024  |  Legal

Mobile banking app Dave is pushing back against claims in a new government lawsuit. The Department of Justice (DOJ) filed a suit Monday (Dec. 30) against the FinTech and...

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To Know What’s Next in Payments, First Look Back
To Know What’s Next in Payments, First Look Back
December 31, 2024  |  Payments Innovation

As we wrap up 2024, PYMNTS’ “What’s Next in Payments” series has provided insights from industry leaders on the current and future state of play...

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Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
December 30, 2024  |  Bank Regulation

Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks,...

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