Banking

Banking
Today In Digital-First Banking: BBVA To Close Simple Bank; Stimulus Debit Cards Mailed To 8...
January 08, 2021

In today’s top digital-first banking news, clients of BBVA subsidiary Simple Bank are reportedly getting emails telling them that Simple is closing and the intent is to move them to BBVA, while the Treasury Department announced that stimulus Visa debit cards are being mailed to...

Banking
BBVA To Close Simple, Move Customers Over To BBVA USA
January 07, 2021

Customers of Simple Bank are receiving emails telling them the bank is closing and that the intent is to transfer them to BBVA, a report from Talk Android says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Today In Digital-First Banking: Green Dot Debuts GO2bank; Stimulus Checks Pose Challenges For TurboTax, H&R...
January 07, 2021

In today’s top news in digital-first banking, California FinTech Green Dot is rolling out the GO2bank mobile banking to help cash-strapped individuals, while stimulus checks are reportedly posing challenges for some users of H&R Block and TurboTax. Plus, the banks that help support supply chains...

Banking
Green Dot Introduces GO2bank To Help Cash-Strapped Consumers
January 06, 2021

California FinTech Green Dot is rolling out the mobile bank GO2bank to assist people who are living paycheck to paycheck.  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
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for federal banks, while multiple states are suing a banking watchdog over the “true lender” regulation. Plus, two-thirds of the second...

Banking
From Cash Registers To Curbside, Innovation Continues To Drive NCR’s Digital-First Journey
January 06, 2021

In a year that has seen almost unthinkable hardship and economic disruption from the global pandemic, two basic business tenets have emerged as key drivers of adaptation and progress. And according to Doug Brown, senior vice president and general manager of digital banking at NCR,...

Banking
How Mexico’s Central Bank Plans To Move Payments To Digital
January 06, 2021

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Today In Digital-First Banking: Oxygen Lands $17 Million Series A; SVB Financial To Buy Boston...
January 05, 2021

In today’s top news in digital-first banking, Oxygen has completed a $17 million Series A funding round, while SVB Financial Group plans to acquire Boston Private Financial Holdings. Plus, China’s Banking and Insurance Regulatory Commission (CBIRC) is moving to build up at-risk rural banks. Get...

Banking
US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
January 05, 2021

The U.S. Office of the Comptroller of Currency has stated that national banks and federal savings associations can participate in independent node verification networks (INVNs) and use stablecoins for payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...