PYMNTS-MonitorEdge-May-2024

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.

Banks Stepping Up Loans To Corporate Customers Worries Regulators
Banks Stepping Up Loans To Corporate Customers Worries Regulators
May 29, 2018  |  Bank Regulation

Banks, faced with low business growth and fierce competition in the industry, are offering business loans with sweeter terms, which is worrying some regulators. The...

READ MORE >
When FinTechs Compete, Banks Can Also Win
When FinTechs Compete, Banks Can Also Win
May 28, 2018  |  Bank Regulation

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up,...

READ MORE >
European Banks Want More Regulation Of Large Tech Companies
European Banks Want More Regulation Of Large Tech Companies
May 24, 2018  |  Regulation

Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market....

READ MORE >
Banks Feeling The Heat From Nonbanks When It Comes To Business Loans
Banks Feeling The Heat From Nonbanks When It Comes To Business Loans
May 21, 2018  |  Alternative Finances

With competition increasing from the likes of hedge funds and private equity firms that are making business loans, banks are being forced to rethink how...

READ MORE >
Banks’ First Quarter Results Show Double-Digit Gains In Digital Banking Users
Banks’ First Quarter Results Show Double-Digit Gains In Digital Banking Users
April 16, 2018  |  Banking

Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some...

READ MORE >
Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers
Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers
April 11, 2018  |  Banking

Exeter Finance, the direct lender that lends money to people with a subprime credit score — as well as other nonbank financial companies — have...

READ MORE >
Senator Warren Warns Regulatory Relief Bill Will Cause Fresh Round of Bailouts
Senator Warren Warns Regulatory Relief Bill Will Cause Fresh Round of Bailouts
March 12, 2018  |  Regulation

Senator Elizabeth Warren said over the weekend that a bill that would provide relief from the regulation placed on the banking industry after the financial...

READ MORE >
Cardlytics Breaks IPO Drought, Ends First Day Up
Cardlytics Breaks IPO Drought, Ends First Day Up
February 12, 2018  |  Payment Methods

Cardlytics, the newly public company that runs the cashback programs for 2,000 financial companies — including Bank of America — finished its first day of trading as a...

READ MORE >
UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
February 08, 2018  |  Fintech Investments

Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7) that they shouldn’t...

READ MORE >