Banking

Banking
Why Credit Unions Are Stealing The Banking Spotlight
March 06, 2017

Credit unions offer a unique banking experience when compared to the traditional big banks, which may be why consumers are turning their attention to what these financial institutions have to offer. Kari Wilfong, CFO, EVP of CO-OP Financial Services, joined Karen Webster to discuss how...

Banking
UK’s Atom Raises £83m To Develop New Products, Boost Growth
March 06, 2017

Atom, the U.K.’s first app-based bank, has raised £83 million as it looks ahead to the release of new products and increased growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Big Banks Have Paid Out $321B In The Years Since The Financial Crisis
March 03, 2017

The almost decade since the Financial Crisis has been an expensive time to be a big bank — globally, banks have paid out $321 billion in fines since 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
SoFi’s $500M Pickup (And The Big Expansion It’s Fueling)
February 28, 2017

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. 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,...

Banking
Chime, Common Cents Launch New Consumer Tool
February 28, 2017

It’s easy to go a long time without checking bank statements as long as the balance looks all right from a glance. Every now and then, however, banking fees can add up and surprise consumers. From bank credit card fees to overdraft fees piling up,...

Banking
Atom Now UK’s Most Recommended Bank
February 24, 2017

For the first time since its launch in 1989, First Direct is not the most recommended U.K. bank — it has been displaced by digital-only entrant Atom Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
New Digital Bank Launches To … Encourage Saving
February 24, 2017

PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering is in direct response to a U.S. savings rate of only 5.4 percent. Get the Full Story Complete the form...

Banking
D3 Banking Says Hello To Alexa
February 23, 2017

FinTech startup and digital banking solutions provider D3 Banking recently unveiled an intelligent voice banking interface using Amazon’s Alexa. 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
Wells Fargo Branch Banking Metrics ‘Relatively Stable’ In January
February 20, 2017

Though Wells Fargo is still dealing with the fallout of its major fraud scandal, the bank reported that it saw “relatively stable” trends in branch interactions in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...