Banking

Banking
Judo Launches As Australia’s Newest Challenger Bank
May 13, 2019

Switzerland-based Temenos AG has announced that Judo Bank, an Australian SME challenger bank, has gone live with the help of Temenos T24 Transact, Analytics, Financial Crime Mitigation and Channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Fed Seeks Comment On New Operating Hours For Fedwire Funds
May 10, 2019

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as feedback on a possible new posting time for transactions, and an increased daylight overdraft fee. Get the Full Story Complete the...

Banking
People And Bank Automation — An ‘And’ Not An ‘Or’
May 10, 2019

It is hard to argue, after five decades in existence, that the ATM hasn’t been an overwhelming success as financial products go — in fact, it has changed the face of how consumers interact with banks. What can be harder to see, as Michael Engel,...

Banking
Citi Lures Depositors With Credit Card-Like Perks
May 07, 2019

Citigroup is the world’s largest credit-card issuer, with about 28 million customers, but the gap between its credit business and retail banking has grown larger. To combat this, Citi has begun testing perks for credit cards to encourage customers to get other banking products. Get...

Banking
Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020
May 06, 2019

Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. Get the Full Story Complete the form to...

Banking
UK Bank NatWest Introduces Merchant Acquiring Service For SMBs
May 02, 2019

U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. 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...

Banking
FIS, Fiserv, Infosys Battle For Tech Deal With Robinhood
April 29, 2019

FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. Last week Robinhood, the company behind the free mobile trading app, filed an application to...

Banking
Moody’s: Auto Loans Improve, Credit Cards And Mortgages Stable
April 26, 2019

Moody’s Investors Service has released its Q1 report on consumer loans and their performances for the biggest U.S. retail banks. The loans includes auto, credit cards and mortgages, according to a release by the company. Get the Full Story Complete the form to unlock this...

Banking
Swedbank Faces US Investigation As Bank Acknowledges Money Laundering Mistakes
April 25, 2019

Sweden’s oldest bank is facing investigations in the United States as it has acknowledged it hasn’t done enough to prevent money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...