Banking

Banking
Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
March 05, 2024

Few financial institutions (FIs) are choosing to develop technology in-house, indicating a growing reliance on third-party FinTechs to meet their needs. However, sifting through the multitude of options to find the right vendor can be a daunting and resource-intensive process, said Karan Jain, CEO of...

Banking
PNC Teams With Koxa to Offer Embedded Banking
March 04, 2024

PNC has teamed with treasury platform Koxa to debut an embedded banking offering. 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
Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
March 04, 2024

Last month, a top financial industry regulator voiced concerns that banking and FinTech collaborations might be “blurring the lines” between banking and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Santander Slashes Jobs as Banking’s Digital Shift Continues
March 04, 2024

Santander is reportedly cutting 320 jobs as it continues to embrace digital banking. 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...

Banking
NYCB Stock Plunges as Bank Warns of ‘Material Weaknesses’
March 03, 2024

New York Community Bancorp (NYCB) stock plummeted Friday (March 1) amid a leadership shakeup. 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
NYCB Announces Leadership Changes, Delays Annual Report
March 01, 2024

New York Community Bancorp (NYCB) has announced leadership changes in the CEO role and a board position. 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
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. 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...

Banking
UK Committee Says Banks Closed 2.7% of Small Business Accounts
February 28, 2024

More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Cross River Adds Investment Banking Services for FinTechs
February 26, 2024

Cross River Bank and CRB Securities are moving into the investment banking space. 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...