Banking

Banking
Banking, with Artificial (and Real) Intelligence
August 29, 2017

Can traditional banking get a lift from conversation – specifically, chatbots?  One firm, Kasisto, thinks so, with its KAI Banking, a  conversational AI platform acting as a bridge between customers and financial management. In the latest iteration of the PYMNTS Commander in Chief series, Kasisto CEO and...

Banking
Wells Fargo Selects Beverly Anderson To Run Cards And Retail Services
August 25, 2017

Wells Fargo announced Thursday (Aug. 24) it has named Beverly Anderson as head of its cards and retail services. 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...

Banking
Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
August 23, 2017

Wells Fargo CEO Tim Sloan sent a companywide message to address team member questions regarding the ongoing remediation process and warn employees to brace for more negative attention as the review process comes to an end. Get the Full Story Complete the form to unlock...

Banking
Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
August 18, 2017

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. According to a report in the Oregonian, the company is also letting go of five members of its executive team. Get the Full...

Banking
Open Banking, Open APIs, Wide Open Opportunities?
August 17, 2017

Europe has mandates in place for open API adoption (perhaps you’ve heard of PSD2)? Here in the States, the playing field is taking shape, but in an interview with PYMNTS’ Karen Webster, Clayton Weir, Co-Founder and Chief Strategy Officer of FI.SPAN, sees opportunity on the open...

Banking
Bucking The Recent Trend, Discover’s Charge-Offs Fell Last Month
August 16, 2017

As concerns about consumer debt and consumer debt delinquency are rising — and as the instances of both are also on the increase — Discover Inc. had some good news to add into the mix.  Charge-off rates seem to have dipped slightly in recent weeks....

Banking
Barclays To Close 54 UK Branches By Year’s End
August 15, 2017

Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
ICBA Bancard CEO: Community Banks Move Faster Payments Forward
August 14, 2017

Community banks have long been heralded as local leaders that create jobs and reinvest in their communities, but ICBA Bancard President and CEO Tina Giorgio tells PYMNTS’ Karen Webster that community banks are also nimble users of new technology platforms, including new methods of payments.

Banking
Barclays Taps Citi Veteran as CEO Of Barclaycard International
August 11, 2017

Barclays announced Thursday (Aug. 10) that it has named Barry Rodrigues as chief executive of Barclaycard International. 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...