Truist Financial Corporation is set to launch two new checking accounts with no overdraft fees, making it the latest in a series of banks to move away from this lucrative income source. Get the Full Story Complete the form to unlock this article and enjoy...
Digital finance firm SoFi Technologies was granted approval to become a national bank pending its acquisition of Golden Pacific Bancorp (GPB), according to a press release on Wednesday (Jan. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Nordic FinTech Lunar has selected cloud-native core banking tech Thought Machine to modernize its system and develop new services, the companies announced Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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In the age of machine learning, when relying on algorithms that consume, process and ultimately deliver a verdict on large amounts of data, it can be challenging to understand and explain what’s going on behind the scenes — and why the outcome is what it...
London challenger bank Revolut is launching Savings Vault to provide Revolut Metal customers with a savings product that offers a 0.7% interest rate to help people reach their financial goals, according to a press release emailed to PYMNTS on Monday (Jan. 17). Get the Full...
As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable … and technology underpins it all (and the banks will have to keep spending on tech to keep apace with...
The regulatory path forward for FinTechs seeking to offer banking services on a national scale may have gotten a bit clearer, but it hardly seems shorter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Serving digital-first banking clients means meeting them where they are, whether they reach out online or want to talk finances over a glass of wine at an in-branch cellar. In the Digital-First Banking Tracker, Silicon Valley Bank’s Milton Santiago explains how cross-channel access to personalized...
