PYMNTS-MonitorEdge-May-2024

banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Barclays UK Completes Previously Announced Acquisition of Tesco Bank
Barclays UK Completes Previously Announced Acquisition of Tesco Bank
November 01, 2024  |  Acquisitions

Barclays UK has completed its previously announced acquisition of the retail banking business of Tesco Personal Finance (Tesco Bank). Together with the completion of the...

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Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

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House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024  |  Bank Regulation

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. The lawmakers — all members of the House Financial Services Committee...

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Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
October 31, 2024  |  Payments Innovation

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on...

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Paysafe and Deutsche Bank to Enable Cash Services at Retailers
Paysafe and Deutsche Bank to Enable Cash Services at Retailers
October 29, 2024  |  Digital Banking

Paysafe and Deutsche Bank have partnered to enable the bank’s customers in Germany to deposit and withdraw cash to and from their bank accounts at...

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Trending: Intensity of Financial Scams Builds Pressure on Banks to Regain Consumer Trust
Trending: Intensity of Financial Scams Builds Pressure on Banks to Regain Consumer Trust
October 29, 2024  |  Security & Fraud

The flood waters have yet to recede. In Florida, the devastation is not fully accounted for, and the costs are not fully tallied. All of...

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Self-Service Banking Gets Boost From New Digital Channels
Self-Service Banking Gets Boost From New Digital Channels
October 28, 2024  |  Banking

It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps —...

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J.P. Morgan’s Dimon Says Banks Must ‘Fight Back’ Against Regulators
J.P. Morgan’s Dimon Says Banks Must ‘Fight Back’ Against Regulators
October 28, 2024  |  Bank Regulation

Jamie Dimon, CEO of J.P. Morgan Chase, the largest bank in the United States, said Monday (Oct. 28) that his colleagues should fight against overregulation....

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I2c Launches Card Payment Partnership With Vantage Bank
I2c Launches Card Payment Partnership With Vantage Bank
October 28, 2024  |  Partnerships

Digital banking and payments firm i2c launched a partnership with Texas-based Vantage Bank. The collaboration will allow Vantage to use i2c’s solutions to support its card...

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