Open banking is a reality in the United Kingdom, and coming soon to American shores in its digital-first dazzle, in no small part built on foundational work done in markets like the U.K. Get the Full Story Complete the form to unlock this article and...
Alabama-based Citizens Bank & Trust will bolster its online banking experience and “drive commercial and retail growth” with technology from Fiserv, according to a Tuesday (March 30) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Open banking has become a welcome disruptor in the payments ecosystem. It has made it easier for financial institutions (FIs) and retailers to create innovative products that rely on secure instant payments. Open banking has also powered microbusinesses seeking to expand but lacking the ability...
Enterpryze launched in Ireland as of March 22, announcing its intent to help small businesses connect with banks, a company blog post said on Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To combat FinTech competitors and bolster revenue during a time of low interest rates, NatWest is working on a revamp of its core retail banking operation, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The United Kingdom’s Financial Conduct Authority (FCA) announced Tuesday (March 16) it had commenced criminal proceedings against National Westminster Bank Plc (NatWest) for violation of money laundering regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FinTech platform upSWOT, which works to help financial institutions service small- to medium-sized businesses (SMBs), has come off a seed round with $4.3 million, a Monday (March 15) press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Banks set aside billions of dollars to cover expected losses due to the economic collapse triggered by the pandemic. But the worst-case scenarios did not materialize, which means some of that cash can now be turned into profits, The Wall Street Journal reported on Monday...
The CHIPS network from The Clearing House now accepts new payment messages as late as 6 p.m. Eastern Time effective Monday (March 8) instead of the previous 5 p.m. EST deadline, according to an announcement. Get the Full Story Complete the form to unlock this...
