Banking

Banking
JPMorgan Spending Additional $50 Billion on Private Credit Effort
February 24, 2025

JPMorgan Chase is reportedly earmarking another $50 billion for its direct lending efforts. 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
Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
February 18, 2025

The neobank model has, through the past several years, taken two paths as FinTechs bring accounts, cards and other digital-first financial offerings to customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
PagBrasil’s Compliance-First Approach Fast-Tracks Payment License
February 17, 2025

The need for speed and digital tools has become essential to the Latin American banking experience. Case in point: As detailed in PYMNTS’ recent exclusive sweep of 11 countries’ digital engagement, “How The World Does Digital”, more than 55% of the Brazilian population engages in...

Banking
JPMorgan Boss Debunks Political ‘Debanking’ but Calls for Review
February 13, 2025

Top banking executives have reportedly met with Republican senators over the issue of “debanking.” 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
JPMorgan Chase Begins About 1,000 Layoffs While Continuing to Hire
February 12, 2025

JPMorgan Chase reportedly began a round of layoffs that is expected to affect fewer than 1,000 employees. 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
TD Bank Selling Charles Schwab Stake to Combat AML Fallout
February 10, 2025

TD Bank is reportedly selling its 10.1% stake in investment firm Charles Schwab. 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....

Banking
FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
February 06, 2025

FirstRand Group, the largest financial institution by market capitalization in Africa, said Wednesday (Feb. 5) that it will adopt Fiserv’s cloud-based banking platform, Finxact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
New York Expands Program to Support Access to Financial Services
February 05, 2025

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to affordable financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
February 03, 2025

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. 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...