U.S. Bank is rolling out new solutions for special purpose acquisition companies (SPACs), including segregated trust accounts for SPAC proceeds, statements and secure reporting of activity, and more, according to a press release. Get the Full Story Complete the form to unlock this article and...
In today’s top news in digital-first banking, NCR Corporation reported an increase in recurring revenue amid a shift to “NCR-as-a-Service,” while GoCardless rolled out Instant Bank Pay. Plus, Greenlight Financial Technology, Inc. raised $260 million in a Series D funding round. Get the Full Story...
In today’s top news in digital-first banking, Current raised $220 million in an Andreessen Horowitz-led Series D investment round, while Step has raised $100 million in Series C funding. Plus, Barclays is working with Amount to provide point-of-sale financing options. Get the Full Story Complete...
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...
In today’s top news in digital-first banking, Michigan’s Flagstar Bancorp and New York Community Bancorp (NYCB) have inked a merger deal, while Brazil’s Nubank is said to be in talks to go public. Plus, J.P. Morgan Chase is reportedly making an actively managed bitcoin fund...
New York Metro-based New York Community Bancorp (NYCB) and Michigan’s Flagstar Bancorp have inked a merger agreement, the two banks announced in a Monday (April 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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...
Paxos has initial approval to establish its own “de novo” or new national trust bank after being approved by the Office of the Comptroller of the Currency (OCC), according to a company blog post. Paxos will be the first cryptocurrency-native company to attain that status....
In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the American Bankers Association is looking for more oversight of digital currency companies. Plus, ForwardAI has rolled out its ForwardAI Precise...