Banking

Banking
Microlending FinTech Branch International Eyes Creating Pan-African Digital Bank
March 01, 2022

Branch International, an Andreessen-backed startup, is vying to become a pan-African digital bank, Bloomberg reported Tuesday (March 1). 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
Federal Reserve Proposes US Central Bank Payment System Changes
March 01, 2022

The Federal Reserve Board has been looking closer at how financial firms get access to the U.S. Central Bank’s payment system, Bloomberg reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Ukraine Central Bank Confirms System Still Running Fine
March 01, 2022

The Ukrainian banking system has been running smoothly and banks have been replenishing cash when they can, Reuters reported Tuesday (March 1), citing Kyrylo Shevchenko, the central bank governor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Secret JPMorgan Division Developing Startup Investment Platform
February 28, 2022

JPMorgan is reportedly in the midst of developing a business unit dedicated to private companies that will offer an array of services around the concept of matching startups and investors, CNBC reported on Monday (Feb. 28), citing sources with insider information.  Get the Full Story...

Banking
Global Banks Rush to Comply With Russian Sanctions
February 27, 2022

Senior management and compliance teams at major banks have been working vigilantly to understand the new sanctions imposed on Russia, Reuters reported Sunday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Pana Joins Visa FinTech Fast Track Program
February 25, 2022

Latino-focused neobank Pana has joined Visa’s FinTech Fast Track program as part of its integration with the card-issuing payments giant that will increase Pana’s reach, capabilities and security through the VisaNet global payment network, according to a Tuesday (Feb. 22) press release. Get the Full...

Banking
Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
February 25, 2022

Revolut Launches New Initiative This Week 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 completing this form, you agree to...

Banking
Almost Two-Thirds of Consumers Comfortable Opening Loan Account in App
February 25, 2022

Almost two out of every three consumers are comfortable opening new accounts digitally, compared to less than half saying they prefer to manage their existing loan accounts that way, according to PYMNTS’ February 2022 edition of “Account Opening And Loan Servicing In The Digital Environment”....

Banking
Russian Banks Say They Can Weather Sanctions
February 25, 2022

Russia’s sanctioned banks said Friday (Feb. 25) that they have enough liquidity to meet client demand and are working to make it through the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...