Banking

Banking
Google, Amazon Banking Could Spur Consumers To Switch Accounts
January 16, 2017

Could Google and Amazon capture the hearts and minds of banking customers, making inroads against traditional lenders? 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...

Wells Fargo Struggling In Aftermath Of Fraud Scandal
January 16, 2017

Amid bank earnings that launched last week, Wells Fargo’s fourth quarter report on Friday (Jan. 13) showed that the company is still grappling with the fraud scandal that has hit customer trust. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Rakuten Takes Europe To The Bank
January 12, 2017

In a move within FinTech that spans continents, Rakuten, the eCommerce and investment firm, said Wednesday (Jan. 11) that it is debuting a European commercial banking unit via Luxembourg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
More Than 50 Percent Of ATMs Now Branch-Independent
January 12, 2017

A recent report by RBR has found that, in the offsite ATM arena, marked by burgeoning growth, slightly more than half of all ATMs were located away from bank branches as late as 2015, according to the firm’s Global ATM Market and Forecasts to 2021...

Banking
Wells Fargo To Enable Cardless ATM Withdrawals
January 12, 2017

Wells Fargo is gearing up to unveil a mobile transaction plan that could enable customers to withdraw cash from ATMs as early as this spring without a debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Wells Fargo To Update New Employee Comp Strategy
January 09, 2017

Wells Fargo said it is putting the final touches on a new compensation plan, as it continues to rebuild its reputation and win back customers in the new year, post-scandal. The Wall Street Journal reported that the plan will replace the old sales goals that put the...

Banking
UK Cash Withdrawals Set Record On Dec. 23
January 09, 2017

Cash withdrawals set a record on Dec. 23 in the U.K., with Brits withdrawing £730 million from LINK cash machines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Small Banks Charge Big Overdrafts, Too
December 22, 2016

Turns out, it’s not only big U.S. banks that are charging their customers fees. According to a Pew Charitable Trusts study, small banks are guilty as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Customers Pay Billions In Bank Overdraft Fees To Top US Banks
December 21, 2016

Overdraft fees are big business for banks in the U.S., with the Pew Charitable Trust finding the top banks charged a combined $11.6 billion in overdraft fees and insufficient fund fees last year. Get the Full Story Complete the form to unlock this article and...