Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16) press release. Equifax customers can now access Mastercard Open Finance’s Cash Flow Analytics, which produces cash flow attributes based on...
Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated that the new Truist CEO, Mike Lyons, wants a larger share of customers’ primary banking relationships. Average deposits rose 3.6%...
Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the third key finding in “Scams Get Personal: Why Banks Pay More to Fight Fraud,” a...
U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card delinquencies. “Spend levels are high, employment is strong,” Chief Financial Officer John Stern told analysts during a Thursday (Oct. 15)...
October 16, 2026
Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the third key finding in “Scams Get Personal: Why Banks Pay More to Fight Fraud,” a PYMNTS Intelligence report in The Fraud Economy series. Based on […]
October 13, 2026
Watch more: Need to Know with Splitit’s Nandan Sheth In 1949, a businessman named Frank McNamara finished dinner at a New York restaurant and realized he’d left his wallet at...
October 12, 2026
Watch more: Monday Conversation With Kastle’s Rishi Choudhary Rishi Choudhary, Co-Founder and CEO of Kastle, believes that banks have been approaching AI modernization from the wrong end of the technology stack:...
October 08, 2026
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is...
October 16, 2026
Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16) press release. Equifax customers can now access Mastercard Open Finance’s Cash Flow Analytics, which produces cash flow attributes based on up to 24 months of credits, debits and balances; Payment […]
October 15, 2026
England’s central bank is warning lenders they shouldn’t assume they are invulnerable to artificial intelligence (AI)-powered cyberattacks. Sarah Breeden, deputy governor of the Bank of England (BoE) said Thursday (Oct....
October 15, 2026
As technology makes it easier for clients to move deposits in search of higher interest rates, banks must compete by providing better solutions, PNC Financial Services Group Chairman and CEO...
October 15, 2026
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct. 15) outlining proper practices for...
