banking

Why Credit Unions Must Act More Like Big Tech to Keep Members Loyal
Why Credit Unions Must Act More Like Big Tech to Keep Members Loyal
March 24, 2023  |  Credit Unions

Evolving consumer preferences, accelerating digital adoption and a challenging economy have kept financial services providers on their toes in 2023. Consumers maintain a similar posture,...

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Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
March 23, 2023  |  Banking

The digital age might make the bank run a bit like a flash mob. For those of us less than up to date on the...

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Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
March 20, 2023  |  Data & Research

With privacy top of mind for most consumers, opting into using receipt data may require collection transparency. Item-level receipt data integration has gained increasing attention....

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Report: Big Banks See Uptick in Deposits After SVB Collapse
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023  |  Banking

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. Following last week’s failure of Silicon Valley Bank (SVB) — bookended by...

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DCG Seeks Bankers for Portfolio Firms Among Major Lenders
DCG Seeks Bankers for Portfolio Firms Among Major Lenders
March 14, 2023  |  Banking

Digital Currency Group (DCG) is reportedly looking for new bankers for its portfolio companies following three high-profile bank failures. The cryptocurrency company has found through...

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Report: VC Firms Team Up to Restore SVB
Report: VC Firms Team Up to Restore SVB
March 14, 2023  |  Banking

A group of venture capital firms is reportedly working to reclaim parts of Silicon Valley Bank. Companies in talks to preserve the failed bank —...

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Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
March 03, 2023  |  Real Estate

Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an...

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Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
March 03, 2023  |  Banking

Traditional FIs are at risk of losing their business banking relationships — especially with smaller firms. Doug Brown, president of NCR, told PYMNTS’ Karen Webster...

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Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
February 27, 2023  |  Consumer Finance

Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers...

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