Banking

Banking
EMEA FinTech NORD.Investments, Mastercard Team on Open Banking Payments
September 21, 2022

Mastercard company Aiia is collaborating with NORD.Investments to allow more open banking payments in Denmark’s largest independent digital investment advisor platform, a press release from Mastercard said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
September 21, 2022

Open finance platform MX has announced product updates that bolster the platform’s ability to deliver financial data to financial institutions (FIs) and FinTechs and help them improve their customer experiences, pace of innovation and collaboration with others in the industry. Get the Full Story Complete...

Banking
FV Bank Rolls Out Circle Integration
September 21, 2022

Puerto Rico’s FV Bank has launched a service for account holders that lets them instantly convert Circle’s USD Coin into U.S. dollars upon deposit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
September 21, 2022

Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
Goldman Sachs Expands Transaction Banking to EU
September 20, 2022

Goldman Sachs is bringing Transaction Banking (TxB) to Frankfurt, Germany, before heading to Amsterdam, as the U.S. banker expands into the European Union with its global transaction banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Bancorp Changes Status to National Bank Charter, Moves to South Dakota
September 20, 2022

The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the Currency (OCC) as the financial services firm relocates its headquarters from Wilmington, Delaware to Sioux Falls, South Dakota. Get the...

Banking
As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
September 20, 2022

Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent — a process known as open banking — is still in its early days in the Middle East and North Africa...

Banking
Verity Debuts Family Banking App for MENA Users
September 19, 2022

Verity, a FinTech which works to help younger people earn, save and spend responsibly, has rolled out a new family banking and financial literacy app for the Middle East and North Africa (MENA) region, according to a Monday (Sept. 19) press release. Get the Full...

Banking
Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
September 19, 2022

The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...