Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.
FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time Payments
FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time Payments
March 01, 2024  |  Security & Fraud

Financial institutions are beset on all sides. The PYMNTS Intelligence report “New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments”...

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NYCB Announces Leadership Changes, Delays Annual Report
NYCB Announces Leadership Changes, Delays Annual Report
March 01, 2024  |  Banking

New York Community Bancorp (NYCB) has announced leadership changes in the CEO role and a board position. These changes came on the same day the...

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Barclays Veteran Marc Page to Join Metro Bank as CFO
Barclays Veteran Marc Page to Join Metro Bank as CFO
February 29, 2024  |  Personnel

Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said...

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Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024  |  Banking

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...

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FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
February 27, 2024  |  Regulation

The Financial Stability Board said regulations governing money market funds must be stronger. The group’s Thematic Review on Money Market Fund (MMF) Reforms, published Tuesday...

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Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024  |  Security & Fraud

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...

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JPM Veteran Raghavan Joins Citi as Banking Head
JPM Veteran Raghavan Joins Citi as Banking Head
February 26, 2024  |  Personnel

Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report...

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OCC Head Concerned About Bank-FinTech Collaboration
OCC Head Concerned About Bank-FinTech Collaboration
February 26, 2024  |  Banking

Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to...

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Report: Paytm Turning to Banks to Process UPI Transactions
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024  |  Banking

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...

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