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.

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022  |  Artificial Intelligence

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems...

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Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022  |  Banking

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting...

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FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
March 17, 2022  |  Bank Regulation

The Financial Crimes Enforcement Network (FinCEN) has announced a $140 million civil money penalty against USAA Federal Savings Bank for “willful violations” of the Bank...

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Seeking Regulatory Foothold, Binance Crypto Exchange on Hunt for Brazilian Bank
Seeking Regulatory Foothold, Binance Crypto Exchange on Hunt for Brazilian Bank
March 17, 2022  |  Cryptocurrency

Binance, a cryptocurrency exchange with no headquarters, is reportedly planning to buy banks and payments processors in Brazil as a way into the market. Get...

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Clues Hint at Spotify NFT as More Players Push Metaverse Plays
Clues Hint at Spotify NFT as More Players Push Metaverse Plays
March 17, 2022  |  NFTs

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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FinCEN Joins Multi-National Task Force on Russian-Related Finance, Sanctions
FinCEN Joins Multi-National Task Force on Russian-Related Finance, Sanctions
March 16, 2022  |  Fraud Prevention

The Financial Crimes Enforcement Network (FinCEN) announced Wednesday (March 16) that it will be supporting the Russian Elites, Proxies and Oligarchs (REPO) Task Force, which...

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Big Banks Launch Syndicated Loan Platform Versana
Big Banks Launch Syndicated Loan Platform Versana
March 16, 2022  |  Loans

Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency...

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Binance Wins Cryptocurrency License in Bahrain
Binance Wins Cryptocurrency License in Bahrain
March 15, 2022  |  Cryptocurrency

Binance, the blockchain and cryptocurrency infrastructure provider, has been granted a crypto-asset service license in Bahrain, the company announced Monday (March 14). Get the Full...

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