Banking

Banking
An Industry Insider on the Growing Importance of Compliance in Bank-FinTech Relationships
June 05, 2023

Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into effect in 2024. PYMNTS examines what will be required as banks and FinTechs will rely on each other for data...

Banking
Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
June 04, 2023

Robinhood Markets says its customers are switching to high-yield deposits amid recent banking sector turmoil. 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
Is Fed and FDIC Data on Dropping Bank Deposits a Blip or Trend?
June 02, 2023

For banks — and specifically for their consumers: No deposit, no return? 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
JPMorgan Chase Fixes ‘Issue’ That Caused Duplicate Transactions on Zelle
June 02, 2023

J.P. Morgan Chase is reportedly resolving some duplicate transactions experienced by its customers who used Zelle. 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
US Open Banking Regulations Will Force More Bank-FinTech Collaboration
June 02, 2023

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 form, you agree to receive marketing communications from PYMNTS and...

Banking
JPMorgan Chase Closing 25% of First Republic’s Branches After Acquisition
June 01, 2023

J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. 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
Banking Crisis Saps FDIC Insurance Fund
June 01, 2023

The recent banking crisis has strained the U.S. government’s deposit insurance fund. 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
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023

Overdraft fees have been a hot button issue in financial services.  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
Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
May 31, 2023

Wells Fargo reportedly expects to see losses from real estate loans. 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...