banking

Banks Closed 11% of Supermarket Branches Over Past Year

Banks Closed 11% of Supermarket Branches Over Past Year
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023  |  Banking

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than...

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Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
October 27, 2023  |  Payment Methods

The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by...

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Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023  |  Bank Regulation

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...

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43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
October 24, 2023  |  Commerce

As businesses continue to seek ways to improve customer experiences and drive operational efficiency, one strategy that is gaining traction is the use of item-level...

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BNY Mellon Launches White Labeling Service for Liquidity Management Solutions
BNY Mellon Launches White Labeling Service for Liquidity Management Solutions
October 23, 2023  |  Investments

BNY Mellon has introduced a White Labeling service for its LiquidityDirect platform. This service enables financial institutions to offer their clients liquidity management solutions, including short-term investments, the...

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Fiserv and Melio Partner to Help Banks Serve Small Businesses
Fiserv and Melio Partner to Help Banks Serve Small Businesses
October 23, 2023  |  Commercial Payments

Fiserv, a global provider of payments and financial services technology solutions, has partnered with Melio, a B2B payments platform, to help financial institutions streamline accounts payable...

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Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
October 23, 2023  |  Cybersecurity

Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent...

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FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
October 23, 2023  |  Personal Finance

In a world where children and teenagers often grow up surrounded by screens and smartphones, a new breed of companies, particularly FinTech firms, is using...

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