Banking

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...

Banking
Goldman Sachs and Wells Fargo Eyeing The Credit Card Lending Market
May 09, 2018

Goldman Sachs and Wells Fargo are gearing up to go after the credit card lending industry as it seeks to access some of the $183 billion in fees and interest that comes along with credit card lending. Get the Full Story Complete the form to...

Banking
Wells Fargo Launches New Marketing Campaign Aimed At Rebuilding Trust
May 08, 2018

Wells Fargo announced Monday (May 7) that it has launched a new marketing campaign, dubbed “Re-Established,” which focuses on its commitment to rebuilding stakeholder trust following its fake account scandal. In a press release, Wells Fargo said the campaign, which launched Sunday (May 6) will demonstrate...

Banking
Nationwide Plans To Ditch Retail Banking Business
May 08, 2018

Insurance giant Nationwide has announced it is leaving the retail banking business. 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...