Today, in a move aimed at bringing newer and younger depositors to the bank, JPMorgan Chase and Co. has announced the launch of Finn — a new smartphone app designed to allow users to open a bank account, make deposits, issue checks, track spending and...
Barclays Chief Executive Officer Jes Staley said the company has to defend its differentiators as technology companies such as Apple and Amazon encroach on the payments market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In banking news, London-based Coutts Bank, one of the world’s oldest banks, is proving an old dog can learn new tricks. With more than 325 years of experience as a banker to “Britain’s rich and famous,” the U.K.’s largest private bank – also known as...
Social Finance, otherwise known as SoFi, the student loan online lender, is giving up on its hopes to become a bank for now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In the wake of the massive hack of Equifax, U.S. banks are leveling up their anti-fraud game in response to the fact that 143 million Americans have now had their official data stolen. That is about half of the population of the U.S. — and...
From an acronym known mostly by programmers in the early 2000s to something thousands of innovators have embraced to ignite numerous innovative solutions, it’s been an electric journey for the application program interface (API). Get the Full Story Complete the form to unlock this article...
Wells Fargo’s third-quarter earnings report was marked with mixed results on Friday (Oct. 13), as the beleaguered bank — rocked by scandals tied to sales activities and fake account openings, among other practices — missed top-line estimates but beat on earnings per share. Get the Full Story...
On Wall Street, you are only as good as your last trade. 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...
Bank of America may have held the top spot in terms of bank deposits in the U.S. for close to two decades, but rival JPMorgan Chase was finally able to dethrone its rival. Get the Full Story Complete the form to unlock this article and...
