Banking

Banking
Chime Mobile Bank Lands $70M
June 01, 2018

This latest round of funding brings the company to over $100 million in total funding to date and values the business at around $500 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Meta Financial, Crestmark Bancorp Announce Merger
May 30, 2018

Following special meetings on May 29, shareholders of Meta Financial Group, Inc. and Crestmark Bancorp, Inc. approved a plan of merger between the two companies. The companies had previously entered into an Agreement and Plan of Merger as of January 9 to approve the merger and...

Banking
USAA: Building Financial Services For Those Who Serve
May 28, 2018

Memorial Day, for most, is a day filled with fun. Kids and their parents get a day off, families hit the road to beaches or amusement parks and BBQs (and Beet-B-Qs) will break out in backyards everywhere. Get the Full Story Complete the form to unlock this article...

Banking
First Data Sells European Business To SIA
May 25, 2018

European payments company SIA announced it is acquiring First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Barclays Mulls Bank Deals Including With Standard Chartered
May 24, 2018

Barclays is looking at inking a merger deal with an international bank or banks, with Standard Chartered among the potential targets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Mexico’s Central Bank Misplaced Up To $20M In Electronic Transfers
May 15, 2018

In the latest in a saga that has affected ePayments and debit card purchases in Mexico, the country’s banking system has misplaced between $18 and $20 million. The country’s regulatory agencies and central bank don’t know if the funds went missing due to hackers, errors...

Banking
Citizens Financial To Launch Online Consumer Bank
May 14, 2018

Citizens Financial Group announced on Monday (May 14) plans to launch Citizens Access, a nationwide direct-to-consumer online bank. In a press release, Citizens Financial said the digital platform will offer FDIC-insured deposits products aimed at serving people who want to save and want the flexibility of an online banking...

Banking
Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
May 11, 2018

Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees and other charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
HSBC Gives Corporate Customers Access To Face ID
May 10, 2018

Banking and financial services provider HSBC has started enabling its corporate customers to access mobile banking using a facial scan. 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...