The 21st century has seen a shift in how nonbanks enter the financial system. 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 to our daily newsletter, PYMNTS...
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. 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...
Buy now, pay later (BNPL) provider Affirm aims to establish a bank subsidiary called Affirm Bank. 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 to our daily...
Revolut is shifting its U.S. playbook again. The U.K.-headquartered FinTech has dropped plans to buy an American bank and is now preparing to pursue a standalone U.S. banking license, a move that would give it a clearer path to scale lending and other core bank...
Royal Bank of Canada and some other banks reportedly launched a loan tied to the takeover of TreeHouse Foods, which supplies Walmart private-label food and beverages, by Investindustrial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Fifth Third Bancorp’s investments in physical branches and digital tools paid off in fourth-quarter operating results that included record net interest income and 230 basis points of positive operating leverage, company executives said Tuesday (Jan. 20). Get the Full Story Complete the form to unlock...
At the World Economic Forum in Davos, global banking chiefs, FinTech leaders and regulators converged on a shared reality: AI is reshaping finance faster than institutions can adapt alone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Revolut has added Peru as the next stop in its ongoing Latin American expansion effort. 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 to our daily newsletter,...
Mastercard and Moneythor have partnered to add personalized experiences to First Abu Dhabi Bank’s (FAB’s) digital channels. 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 to our...
