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.
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
February 09, 2024  |  Acquisitions

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition...

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APIs Promise to Make Instant Payment Systems Interoperable
APIs Promise to Make Instant Payment Systems Interoperable
February 08, 2024  |  Faster Payments

Cory Barnes, senior product manager at Form3, told PYMNTS that instant payments can reach their full potential only when far-flung systems are truly in sync...

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TCH: CFPB Data Rule Will Require Stronger Public-Private Collaboration to Safeguard Consumer Interests
TCH: CFPB Data Rule Will Require Stronger Public-Private Collaboration to Safeguard Consumer Interests
February 08, 2024  |  Regulation

Anticipation looms within the financial industry as the Consumer Financial Protection Bureau gears up to implement a rule governing consumer data sharing. The CFPB said...

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NYCB Credit Grade Lowered to ‘Junk’ By Moody’s
NYCB Credit Grade Lowered to ‘Junk’ By Moody’s
February 07, 2024  |  News

New York Community Bank (NYCB) has had its credit rating cut to “junk.” The downgrade late Tuesday (Feb. 6) by Moody’s Investment Services marks the...

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Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
February 07, 2024  |  Faster Payments

In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and...

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5G Promises Connected Consumers More Personalized, Efficient Banking Experiences
5G Promises Connected Consumers More Personalized, Efficient Banking Experiences
February 06, 2024  |  Technology

With the launch of Apple Vision Pro in the United States, the spotlight has again turned to its enabling technology: 5G. This resurgence is not...

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JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024  |  Banking

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next...

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UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
February 05, 2024  |  Banking

Open banking is set to change the world. But viewed through the lens of what’s happened so far, and through the lens of the United...

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Banks and CFOs Need Data-Sharing Plans to Fight Fraud
Banks and CFOs Need Data-Sharing Plans to Fight Fraud
February 02, 2024  |  Fraud Prevention

The fraudsters are wily, determined, acting in packs and probing for weaknesses. The best defense might be a collaborative approach — one where CFOs and...

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