Banking

Banking
UK Tests Shared BankHubs in Communities With No Branches
January 03, 2022

A pilot program between U.K. bank Cambuslang and the U.K. state-owned Post Office could help give more access to in-person banking for those in need, according to a Sunday (Jan. 2) report from Financial Times (FT). Get the Full Story Complete the form to unlock...

Banking
State Bank of Pakistan Opens Doors to Digital Banking
January 03, 2022

The State Bank of Pakistan (SBP) is taking its first steps toward bringing a fully digital bank to the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
FinTech Challenger Bank Chime’s Claims of No Fees Hold up Under Scrutiny
December 29, 2021

FinTech challenger bank Chime can continue using terms like “no overdraft fees” and “no hidden fees” after the National Advertising Division (NAD) of BBB National Programs determined that the advertising for its “SpotMe” program disclosed the necessary information. Get the Full Story Complete the form...

Banking
First Northern Joins Alloy Labs to Launch Open Payments Network CHUCK
December 28, 2021

California’s First Northern Bank is joining the community and midsize banking consortium Alloy Labs Alliance to help the association advance its mission to drive technical creativity and vision for local banking, according to a Monday (Dec. 27) press release. Get the Full Story Complete the...

Banking
Investments in Financial Education Empowers FIs and Their Customers
December 23, 2021

Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Deep Dive: How FIs Can Tap APIs to Meet SMBs’ Shifting Banking Needs
December 22, 2021

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
Nationwide Building Society Customers Hampered by Payment Delays
December 21, 2021

British lender Nationwide Building Society said Tuesday (Dec. 21) that inbound and outgoing payments have been delayed all day, and there’s no sign of when the problems will be resolved, BBC News reported. Get the Full Story Complete the form to unlock this article and...

Banking
ING Says Au Revoir to French Retail Banking
December 21, 2021

Dutch financial services firm ING is leaving behind its French retail banking operations, a decision that may impact 460 workers, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
CHUCK Takes on Zelle With Alloy Labs, Payrailz Partnership
December 21, 2021

Community and midsize banking association Alloy Labs Alliance is launching CHUCK, an open network for instant payments to compete with Zelle, a payment network owned by the nation’s largest banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...