Banks

The National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from its list of authorized banks for FASTag services. This move comes after the Reserve Bank of India (RBI) took action against PPBL for allegedly violating know-your-customer (KYC) norms and onboarding norms. FASTag is a device that uses Radio Frequency Identification (RFID) technology for making toll payments electronically. It is affixed to the windshield of a vehicle and allows motorists to pass through toll plazas without…

NEW YORK, NEW YORK - MAY 17: President and CEO of Wells Fargo Charlie Scharf attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022 in New York City. (Photo by Steven Ferdman/Getty Images)Steven Ferdman | Getty Images Entertainment | Getty ImagesWells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts scandal.The bank said in a release that the Office of the Comptroller of the Currency terminated a consent order that…

Autry Stephens, 85, said he is selling the oil driller he founded, Endeavor, sooner than he would have liked. Autry Stephens, 85, said he is selling the oil driller he founded, Endeavor, sooner than he would have liked. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that's costing Americans billions of dollars every year: online romance scams.These digital crimes have proliferated since the pandemic, as criminals pose as attractive partners and reach out to lonely Americans on social media."We really need help," Paul Benda, the executive vice president for risk, fraud and cybersecurity at the American Bankers Association, said in an interview with CNBC. "We need…

Elizabeth Banks has long been a beloved actor and director amongst fans, having endeared herself to the general public through her work. She’s also become known for her occasional social media shenanigans, which are admittedly delightful. On that note, Banks really did it up big when she celebrated her 50th birthday this weekend. The actor posted a video of herself in her “birthday suit.” However, it’s not the one you’re probably thinking of, as her idea of one is very different from the norm – and also hilarious. The…

Revolutionizing Customer Experience: The Impact of AI in Elevating Banking Services In the ever-evolving landscape of the banking industry, the integration of Artificial Intelligence (AI) has become a transformative force, particularly in enhancing customer service. This comprehensive exploration delves into five key ways AI is reshaping the customer experience in banking, providing unparalleled benefits, and addressing…

We've spent another week keeping an eye on the worthwhile tech deals out there. Unfortunately, if you're looking for a discount on the brand new Apple Vision Pro, those headsets are firmly sticking to their $3,499 price tag. But plenty of other devices that we've tested and recommend are on sale this week. Anker accessories, including two of our favorite power banks, the Prime and the Nano are on sale. A few different retailers are offering a $400 discount on the Google Pixel Fold. And our favorite Bluetooth trackers for…

Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties.JPMorgan Chase, Wells Fargo and Bank of America reported a combined $2.2 billion in overdraft fees in 2023, roughly $700 million less than the previous year, according to regulatory filings.Overdraft fees are triggered…

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty ImagesEmbattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid to soothe skittish investors.But one of the most crucial resources for any bank appears to be in short supply for NYCB lately: confidence.The regional bank late Tuesday said that deposits were stable at $83 billion and that the firm had ample resources to cover any possible…

The House of Representatives has resolved to investigate the alleged hoarding of dollars by some commercial banks. This resolution was a sequel to a motion moved by Babajimi Benson (APC, Lagos) on Wednesday during plenary. Mr Benson, in his motion, said some banks are sabotaging the efforts of the Central Bank of Nigeria to halt the slide of the naira against major currencies. He stated that the banks have not been complying with the new FX risk management circular released by the CBN. Last week, the CBN released…