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Members are completing more of their banking online than ever before, forcing many institutions to rethink their strategies for physical locations.
September 11 -
American Express is expanding into the fast-growing European market for open banking-based payment initiation services with its Pay with Bank transfer platform.
September 11 -
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Integrated payments have rapidly become critical to maintaining, and in some cases improving, operational stability, says Paya's Jeff Hack.
September 11
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At a time when many lenders are shying away from an industry hit hard by the pandemic, State Bank of Texas is going all in.
September 10 -
When Jane Fraser takes the reins of Citigroup in February, she will have to tackle the company’s cards slump, lagging performance metrics and challenges presented by employees’ return to the office.
September 10 - PSO content
As no-cost buy now, pay later (BNPL) financing options apply pressure on traditional issuers, NAB and Commonwealth Bank of Australia (CBA) are rolling out no-interest credit cards.
September 10 -
The bank said the move will provide more flexibility raising capital and more options when it comes to pursuing bank acquisitions.
September 10 -
The post was vacant since Kristy Fercho left to run Wells Fargo Home Loans in July.
September 10 -
In her steady advance up the payments industry career ladder, Colleen Taylor has pursued a consistent theme of taking on challenging roles at pivotal moments, which has propelled her trajectory.
September 10 -
The new order is the strongest move yet by a U.S. bank to require employees to return to the workplace.
September 10 -
Michael Corbat won praise for turning the page on the financial crisis and for advancing gender equity in the workplace. But after eight years at the helm, he has failed to deliver the returns that investors have come to expect of Wall Street banks.
September 10 -
Robotic process automation is normally the province of large banks, but Extraco Banks in Texas and Carter Bank in Virginia are training bots to perform repetitive, mind-numbing tasks.
September 10 -
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A new program will provide tuition-free schooling opportunities for those who stayed on the job during the state's lockdown earlier this year.
September 10 -
American Express hired Taylor to oversee its efforts to entice more U.S. merchants to accept the firm's cards.
September 10 -
The 57 charges involve $175 million allegedly stolen from the small-business loan program. Defendants are accused of lying on their applications and using funds to buy cars, jewelry and other luxury items.
September 10 -
With businesses requiring stronger liquidity, BMO will use its online platform and Interac's receivables service to support simultaneous near real-time payment requests to multiple recipients.
September 10 -
A trio of small credit unions designated as minority depository institutions have been matched with larger institutions to improve outreach to low-income and underserved consumers.
September 10 -
Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter.
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