The U.K.’s open banking system has now powered more than 1 billion payments. 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...
Western Union Digital Bank is being discontinued, is ending its services and will close all accounts two months after users have received their closure notice, the service’s operator, Western Union International Bank, said in a legal notice on its German website. Get the Full Story...
Wire payments are starting to look less like back-office plumbing and more like a competitive tool for banks. 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...
The clearest evidence of LendingClub’s new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Get the Full Story Complete the form to unlock this article and enjoy...
Lending marketplace Upstart has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a bank called Upstart Bank, N.A. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. customers of banks and banking apps reported problems with transfers and payments Monday (July 27), according to multiple media reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Flexible Finance aims to secure a Utah industrial bank charter to support its flexible rent payments solution Flex Rent. 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...
Businesses are borrowing more from their banks again. Second-quarter earnings from KeyCorp, Regions Financial and PNC show the increase came through new loans, larger credit commitments and greater use of existing lines. Get the Full Story Complete the form to unlock this article and enjoy...
Nubank plans to secure a Brazilian banking license through its acquisition of Banco Porto Real de Investimentos, a bank that extends credit to wholesale clients, the company said in a Monday (July 20) press release. Get the Full Story Complete the form to unlock this...
