digital first banking

New York Regulator Requires New Disclosures for Small Businesses Financing

New York Regulator Requires New Disclosures for Small Businesses Financing
New York Regulator Requires New Disclosures for Small Businesses Financing
February 01, 2023  |  Legal & Regulation

New York’s financial watchdog wants small businesses to have enough information when they seek financing. To that end, the New York Department of Financial Services (NYDFS) has...

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Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

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Federal Reserve Denies Digital Asset Bank Custodia’s Application
Federal Reserve Denies Digital Asset Bank Custodia’s Application
January 27, 2023  |  Banking

The Federal Reserve Board has denied digital asset bank Custodia Bank’s application. The Fed said in a Friday (Jan. 27) press release that the Wyoming-based digital asset bank’s submitted application...

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Credit Union Data Helps Millennials Improve Financial Health, Attain Wealth
Credit Union Data Helps Millennials Improve Financial Health, Attain Wealth
January 19, 2023  |  Credit Unions

The new year is only a few weeks old. Many of us have set new financial goals as inflation injects uncertainty into daily life. The...

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BNPL Firm Tabby Raises $58M Series C for Expansion
BNPL Firm Tabby Raises $58M Series C for Expansion
January 18, 2023  |  BNPL

Dubai-based FinTech Tabby has raised $58 million in a Series C funding round. Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and...

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PYMNTS Intelligence: Small Businesses and SMBs Seek Personalized Digital Banking Support
PYMNTS Intelligence: Small Businesses and SMBs Seek Personalized Digital Banking Support
January 17, 2023  |  Banking

Small businesses represent 99.9% of all businesses in the United States, and there were 32.5 million small businesses operating as of 2021, according to a...

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An Insider on Why Community Banks Must Help SMBs Navigate Technology
An Insider on Why Community Banks Must Help SMBs Navigate Technology
January 16, 2023  |  Banking

An interview with Charles Potts, chief innovation officer at the Independent Community Bankers of America (ICBA), about the ways the organization is helping community banks...

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Wells Fargo: Credit Card Revenues up 6% as Consumer Spending Remains Resilient 
Wells Fargo: Credit Card Revenues up 6% as Consumer Spending Remains Resilient 
January 13, 2023  |  Earnings

The $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB) hit Wells Fargo’s profits. But the bank’s management was sanguine Friday (Jan. 13) on digital...

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