Banking

Banking
KeyBank to Pay $7.77 Million to Settle PPP Fraud Allegations
January 07, 2026

KeyBank will reportedly pay $7.77 million to settle allegations that it sought forgiveness for fraudulent loans from the pandemic-era Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Lloyds Looks to Tokenization to Improve Home-Buying Process
January 07, 2026

The CEO of U.K. bank Lloyds thinks tokenization can help improve the home-buying process. 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...

Banking
Shareholders Approve Proposed Merger of Fifth Third and Comerica
January 06, 2026

The proposed merger of Fifth Third Bancorp and Comerica moved a step closer to completion Tuesday (Jan. 6) as shareholders of the two banks voted to approve the combination. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
JPMorgan Offers Clients Greater M&A Insights via AI
January 05, 2026

JPMorgan Chase has launched a service designed to offer clients more insights into its expertise. 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...

Banking
Banking Deals Catch Eye of Activist Investors Amid Deregulation
December 30, 2025

Relaxed rules in the U.S. around banking mergers have reportedly caught the eye of activist investors. 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
Manual Billing Costs Banks $98.5 Million Every Year
December 30, 2025

Banks have spent years tuning front-end digital experiences, yet a growing share of revenue risk now sits deeper inside the institution, where billing logic, pricing governance and data visibility intersect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Lloyds Shelves Invoice Financing as Small Businesses Shift Away
December 28, 2025

British bank Lloyds is reportedly ending its small-business-focused invoice financing program. 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...

Banking
Erebor Sees Valuation for Tech-Focused Bank Hit $4.35 Billion
December 23, 2025

Silicon Valley-focused banking startup Erebor Bank is expected to raise $350 million, Bloomberg reported Tuesday (Dec. 23). 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...

Banking
FinTech Company Mercury Submits Applications to Become National Bank
December 19, 2025

FinTech company Mercury has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) and for federal deposit insurance with the Federal Deposit Insurance Corporation (FDIC). Get the Full Story Complete the form to unlock this article and enjoy...