When regulators closed Nano Banc on Friday (Sept. 25), among the details in the Federal Deposit Insurance Corp.’s announcement that stood out: Nano had a sole branch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bank of America has introduced two new intelligence capabilities for customers using its CashPro tool and its Global Payments Solutions (GPS) employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Brazilian digital bank Nubank is reportedly interested in buying U.K. FinTech Monzo. 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...
Revolut is moving ahead with the completion of its acquisition of Argentine bank Banco Cetelem Argentina S.A. after receiving approval from the Central Bank of Argentina, the company said in a Thursday (Sept. 24) press release. Get the Full Story Complete the form to unlock...
Bank of America plans to hire 1,000 additional apprentices over the next two years, together with the more than 800 it already hires each year, the bank said in a Thursday (Sept. 24) press release. Get the Full Story Complete the form to unlock this...
Revolut and Nubank, the world’s two most-valued digital banks, want to conquer the United States, the Financial Times reported Wednesday (Sept. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In a bank’s back office, an employee pulls up a customer’s account on a decades-old terminal, reads the balance and types it into a newer web form to finish the file. The two systems don’t talk to each other. The person in the chair is...
Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
FinTech company Avant filed an application to establish an insured national bank called Avant Bank, N.A., the company said in a Friday (Sept. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...