Banking

Banking
FinTech Customers Bank Launches Financial Institutions Banking Group
February 08, 2022

Digital FinTech Customers Bank on Tuesday (Feb. 8) announced the launch of a financial institutions group (FIG), which will serve securities broker dealers, future commissions merchants, market makers, liquidity providers, insurance companies, trust companies and financial institutions. Get the Full Story Complete the form to...

Banking
Truist on Maintaining Accessibility Across All Banking Channels
February 08, 2022

Twenty-six percent of Americans have a disability of some kind, and FIs must design their digital and in-person solutions with this in mind. In the latest Digital-First Banking Tracker, Truist’s Miranda Capra talks about the role of alternate text options and multichannel support to boost...

Banking
AmEx Launches First All-Digital Checking Account
February 08, 2022

American Express has launched its first all-digital consumer checking account, available for eligible consumer card members in the U.S. 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
Rent-a-Bank Model May Be Living on Borrowed Time
February 07, 2022

As FinTechs gain ground within financial services, as banks partner with these digital-first upstarts to broaden their offerings, several business practices are coming under scrutiny and under fire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Why Digital-First Banking Must Also Be Accessible
February 07, 2022

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 receive marketing communications from PYMNTS and...

Banking
Platforms Force Banks to Rethink Their BNPL Value for Small Merchants
February 07, 2022

With new entrants to the business lending environment adding competition — and then pressured by a two-year cash crunch coupled with new forms of lending that have regulators flummoxed — the industry is undergoing a tectonic change in 2022. In many cases, FinTech and others...

Banking
As SoFi and a Handful of Challenger Banks Grow Up, Traditional Lenders Should Be Nervous
February 07, 2022

There are challenger banks, and now perhaps there’s everyone else. 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...

Banking
Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
February 06, 2022

A coalition of advocacy groups wants U.S. regulators to look more into banks partnering with FinTechs to charge predatory interest rates that would be otherwise illegal in the lenders’ home states, Bloomberg reported Friday (Feb. 4). Get the Full Story Complete the form to unlock...

Banking
KeyBank to Go Cloud-First With Google’s Help
February 03, 2022

Google Cloud, KeyBank and Deloitte have embarked on a multi-year partnership designed to accelerate the bank’s commitment to cloud-first banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....