The European Central Bank’s payment system has experienced two outages in one week. 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...
Klarna has become the latest FinTech aiming to become a regulated U.S. 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, PYMNTS Today. By...
Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial Times reported Friday (July 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Swiss bank UBS is reportedly planning to launch a bank for wealthy Americans. 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....
Regions Bank parent company Regions Financial Corp. has expanded its services by acquiring The Frazer Lanier Company, a Montgomery, Alabama-based full-service investment banking firm specializing in municipal and corporate securities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Last month, JPMorgan Chase was ordered to pay $4.2 million in a wrongful-termination case. 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...
Real-time payments move money faster, and they remove the window to recover it. Transactions sent over instant rails are irreversible. Once funds leave an account, they cannot be recalled, leaving institutions with no way to claw the money back. The problem is compounding. PYMNTS Intelligence...
Adding a FinTech partner has become much easier than managing dozens of them over time. To that end, banks and credit unions have been relying on outside providers for everything from payments and digital onboarding to fraud prevention and data analytics. Get the Full Story...
The sale of British digital lender Atom Bank is reportedly in danger of falling through. 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....