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.

How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters

How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters
July 27, 2020  |  Fraud Prevention

Consumers want a speedy, Amazon-like experience when creating accounts with their banks, but keeping fraudsters from slipping in among genuine users can be a challenge....

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All Eyes Are On LATAM Open Banking
All Eyes Are On LATAM Open Banking
July 24, 2020  |  Bank Regulation

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly...

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New Report: How FIs Are Finding Fraudsters Wherever They May Hide
New Report: How FIs Are Finding Fraudsters Wherever They May Hide
July 24, 2020  |  Fraud Prevention

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

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Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
July 23, 2020  |  Investments

Berkshire Hathaway, the Warren Buffett-helmed conglomerate that owns Geico, upped its stake in Bank of America (BoA) by over $800 million, in what the Financial...

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Digital-First Banking Is Meant To Be Excellent
Digital-First Banking Is Meant To Be Excellent
July 23, 2020  |  Digital-First Banking

If open banking developments in the European Union (EU) are any indication of what’s coming to America — that’s been the case in recent years...

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Helping Big Banks Overcome Their Cloud Paralysis
Helping Big Banks Overcome Their Cloud Paralysis
July 17, 2020  |  Digital Banking

Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for...

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Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
July 16, 2020  |  Earnings

Charlotte, North Carolina-based Truist Financial Corp. on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there...

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