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.

UK Finance Calls for New Open Banking Standards

UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

READ MORE >
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

READ MORE >
Polish Consumers Embrace Open Banking, BNPL Solutions
Polish Consumers Embrace Open Banking, BNPL Solutions
November 22, 2021  |  BNPL

Six banks and one million customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

READ MORE >
Agencies Approve Cybersecurity Notification Rule
Agencies Approve Cybersecurity Notification Rule
November 19, 2021  |  Cybersecurity

Federal bank regulatory agencies on Thursday (Nov. 18) approved a final rule that will streamline the sharing of information about cybersecurity threats and incidents that...

READ MORE >
Only 10% of Banks Support Crypto — Usually Bitcoin — for Cross-Border Deals
Only 10% of Banks Support Crypto — Usually Bitcoin — for Cross-Border Deals
November 19, 2021  |  Cryptocurrency

Despite the availability of new payment options, many financial institutions (FIs) lag behind marketplace interest in cross-border payments innovations, especially when providing B2B access to...

READ MORE >
Deep Dive: How eCommerce Marketplaces Can Tap Local Payment Methods to Create Lasting Customer Engagement
Deep Dive: How eCommerce Marketplaces Can Tap Local Payment Methods to Create Lasting Customer Engagement
November 19, 2021  |  Latin America

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
November 19, 2021  |  Legal & Regulation

The rocky road to confirm President Joe Biden’s pick to head the Office of the Comptroller of the Currency (OCC) hit potholes during the Senate...

READ MORE >