Relaxed rules in the U.S. around banking mergers have reportedly caught the eye of activist investors. 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...
Banks have spent years tuning front-end digital experiences, yet a growing share of revenue risk now sits deeper inside the institution, where billing logic, pricing governance and data visibility intersect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
British bank Lloyds is reportedly ending its small-business-focused invoice financing program. 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...
Silicon Valley-focused banking startup Erebor Bank is expected to raise $350 million, Bloomberg reported Tuesday (Dec. 23). 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...
FinTech company Mercury has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) and for federal deposit insurance with the Federal Deposit Insurance Corporation (FDIC). Get the Full Story Complete the form to unlock this article and enjoy...
The Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application to establish Erebor Bank, a new national bank that plans to provide deposit and lending products to businesses and individuals in the technology, payments systems, investment and defense industries, including participants in virtual currency...
A new regulatory report shows non-bank groups accruing more assets than their traditional banking counterparts. 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,...
The Federal Reserve Bank of Atlanta has begun a search for a president and CEO to succeed Raphael W. Bostic, who announced in November that he will retire at the end of his current term. Get the Full Story Complete the form to unlock this article and enjoy...
Embedded finance is transforming not just how transactions happen but where financial relationships begin. What once sat at the edge of apps and platforms is now embedded directly into the daily workflows of consumers and businesses, pulling banks toward realizing new revenue streams and balance...
