Banking

Banking
OCC Head Concerned About Bank-FinTech Collaboration
February 26, 2024

Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to mitigating any perceived risks in banking — especially those triggered by collaborations with FinTechs. Get the Full Story Complete the...

Banking
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. 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
Report: Customers Feel Tricked by Banks’ Savings Offerings
February 25, 2024

Consumers are reportedly taking legal action after allegedly being deceived by their banks’ savings offerings. 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
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024

Regions Financial is shortening the tenors of certificates of deposits (CDs). 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...

Banking
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
February 19, 2024

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which participated in the firm’s 2022 Series B round. Get the Full Story Complete the form to unlock this article and...

Banking
Velmie Launches Customizable Business Banking Platform
February 16, 2024

Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. 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...

Banking
SVB Adds Bankers as Anniversary of Its Failure Nears
February 15, 2024

While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. 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
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks to the technology and credit intelligence network enabled by the bank’s partnership with Pagaya Technologies. Get the Full Story Complete...

Banking
PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
February 14, 2024

PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....