Banking

Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
Banking
Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
October 30, 2024

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Self-Service Banking Gets Boost From New Digital Channels
Banking
Self-Service Banking Gets Boost From New Digital Channels
October 28, 2024

It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps — and getting access to cash or depositing checks. Get the Full Story Complete the form to unlock this article and...

HSBC Restructuring Includes New Leadership, Strategic Approaches
Banking
HSBC Restructuring Includes New Leadership, Strategic Approaches
October 22, 2024

HSBC is calling it a simplified organization structure. 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 Today. By completing this form, you...

Santander Positions New Digital Platform as First Step in US Expansion
Banking
Santander Positions New Digital Platform as First Step in US Expansion
October 21, 2024

Santander’s digital banking platform, Openbank, is now officially live in the United States. 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 Today....

BNY and Mizuho Bank Collaborate on Trade Services in Asia
Banking
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
Banking
Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
October 20, 2024

The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Evolve to Return Funds to Synapse Brokerage End Users
Banking
Evolve to Return Funds to Synapse Brokerage End Users
October 20, 2024

Evolve Bank & Trust said Saturday (Oct. 19) that it is preparing to return funds held at Evolve to Synapse Brokerage end users impacted by the Synapse bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banks Cut Interest Rates Paid on Corporate Deposits
Banking
Banks Cut Interest Rates Paid on Corporate Deposits
October 20, 2024

Banks are reportedly cutting the interest rates they pay on corporate deposits faster than those they pay on consumer deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regions ‘Monitoring’ Debit Interchange Rule as Card Income Dips
Banking
Regions ‘Monitoring’ Debit Interchange Rule as Card Income Dips
October 18, 2024

Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. 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...