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.

Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 

Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 
Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only...
February 07, 2022  |  CBDC

The Bank of England, like many other central banks around the world, is still weighing the pros and cons of issuing a central bank digital...

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Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
February 06, 2022  |  Banking

A coalition of advocacy groups wants U.S. regulators to look more into banks partnering with FinTechs to charge predatory interest rates that would be otherwise...

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US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
February 02, 2022  |  Banking

International banks got the go-ahead from the U.S. Treasury Department to allow money transfers to Afghanistan for humanitarian purposes on Wednesday (Feb. 2), adding that...

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FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
February 02, 2022  |  International

Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform...

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60% of Millennials are Interested in Bank-Provided BNPL Plans, If Available
60% of Millennials are Interested in Bank-Provided BNPL Plans, If Available
February 02, 2022  |  BNPL

Buy now, pay later (BNPL) plans are quickly changing how consumers today pay for products and services. About 20% of U.S. consumers are currently using...

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The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
January 31, 2022  |  BNPL

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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UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
January 31, 2022  |  Digital Payments

Car dealership JCT600 is the first retailer on record to make use of Lloyds’ PayFrom Bank account-to-account payment process, which displaces plastic cards for online...

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US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
January 30, 2022  |  Regulation

The U.S. Chamber of Commerce has concerns about a Biden nominee for the top banking supervisor at the Federal Reserve, Sarah Bloom Raskin, because she’s...

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P2P Service Chuck Launches in Massachusetts
P2P Service Chuck Launches in Massachusetts
January 28, 2022  |  Digital Payments

A Reading, Massachusetts community bank will be the first to go live with P2P payment service Chuck, a report from American Banker says. Get the...

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