Banking

Banking
Did Wells Fargo Also Improperly Adjust Mortgages?
June 15, 2017

As Wells Fargo is trying to turn the corner on a scandal in its consumer banking segment that came to light a little under a year ago, it seems a new set of troubles are coming down the pipeline — this time in relation to...

Banking
SoFi Officially Files For A Bank Charter Of Its Own
June 13, 2017

They said they were going to do it — and now it seems they’ve done it. 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...

Banking
Advance Financial Launches Free Bill Pay
June 05, 2017

Advance Financial, a leading financial services retailer with more than 80 locations across Tennessee, now offers Free Bill Pay at every location in the state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
HSBC Pairs With AI FinTech On Compliance
June 05, 2017

Amid the embrace of artificial intelligence across financial services, one big bank is adopting AI to streamline compliance efforts. 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
Report Finds Majority Of Customers Using Mobile Banking
June 05, 2017

Malauzai Software, a leader in mobile and internet banking, released its monthly Monkey Insights, which found that mobile active users has now surpassed 50 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Wells Fargo Replaces, Restructures Exec Team
May 31, 2017

Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head of the retail business, Carrie Tolstedt, employees created as many as 2.1 million fake accounts in customers’ names to meet...

Banking
Debit, ATMs And The New Age Of Bank Branches
May 31, 2017

Deck:  Banks are evolving – and just into what can be anyone’s guess, amid FinTech and the demands of younger consumers (we’re looking at you, Millennials).  Troy Cullen, president of Elan Financial, weighed in on how banks can gain customer loyalty – even if those...

Banking
Bank Of America Branches Into Data Sharing
May 26, 2017

Going forward, BoA has announced it will be working with financial data aggregators to give their customers a greater ability to connect their banking information with third-party financial management applications.  According to spokesperson Michelle Moore, the move comes as part of the bank’s API strategy...

Banking
India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
May 25, 2017

YES BANK, the fifth largest private bank in India, announced Wednesday (May 24) the launch of SIMsePay, a feature that lets any account holder conduct money transfers, pay utility bills and other mobile banking services without the need for a mobile phone or Internet access....