Banking

Banking
HSBC Sees Profits Fall As Bad Debts Top $6B
August 03, 2020

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic, The Telegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
BBVA Teams With Google Pay To Offer Digital Bank Accounts
August 03, 2020

BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. 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...

Banking
Google Expands Digital DDA Program To Six New FIs
August 03, 2020

Six additional U.S. banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
How FIs Can Get A Perfect Score on Their Digital-First Offerings
August 03, 2020

The pandemic has pushed digitization from a “nice to have” to a “have to have” for consumers all over the world and across all age demographics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Varo Awarded FinTech National Charter
July 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
July 30, 2020

New Monzo CEO TS Anil said the U.K. company, badly damaged by the pandemic, is hinging on new products to survive, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Bank Of England To Revamp Payments, Eyes Digital Currency
July 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Betterment Debuts Cash Goals Feature To Help Users Save
July 30, 2020

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see all of their funds in a single location and save with intention by making distinct buckets for financial goals over...

Banking
Are ATMs The ‘Mini-Branch’ Of The Future?
July 30, 2020

The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days of the ATM serving as just a quick cash dispensary are numbered, Sonia Sedler, Diebold Nixdorf’s global head of managed...