online banking

Banks Closed 11% of Supermarket Branches Over Past Year
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023  |  Banking

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than...

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Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023  |  Bank Regulation

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...

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Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023  |  Security & Fraud

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals...

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JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Digital-First Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

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Bank’s Best Customers Now Willing to Trade Convenience for Security
Bank’s Best Customers Now Willing to Trade Convenience for Security
May 26, 2023  |  Security & Fraud

Fueled by rising digital threats, security stands top of mind for retail banking customers. Nearly 7 in 10 worry about their personal and financial data...

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PYMNTS Intelligence: Why Digital-Everywhere Is Moving Banking Forward
PYMNTS Intelligence: Why Digital-Everywhere Is Moving Banking Forward
March 27, 2023  |  Digital-First Banking

Digital banking was already gaining momentum before the pandemic supercharged demand for remote services. As more consumers turned to their banks’ mobile apps than to physical branches, the...

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Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
March 23, 2023  |  Banking

The digital age might make the bank run a bit like a flash mob. For those of us less than up to date on the...

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Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
February 23, 2023  |  Credit Unions

With the world existing more online than ever, fraud attacks targeting financial institutions (FIs) are a growing threat. Criminals are increasingly succeeding in exploiting the...

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Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
Inflation Gives Banks Opening to Become Consumers’ Trusted Financial Adviser, Says Truist
February 14, 2023  |  Digital-First Banking

More consumers are struggling with their finances and budgeting. A recent survey found that 55% of Americans are in a difficult financial position, up 37%...

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