European digital bank Revolut, the continent’s largest such institution with 13 million users, is close to applying for a U.S. banking license, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Earnings season will pull back the curtain on where banks stand amid the pandemic — not just in terms of trading revenues amid rocky (to put it mildly) equities and fixed income markets. And not just in terms of loan losses. Get the Full Story...
In today’s top news in digital-first banking, the government of the Philippines is considering limiting the number of digital banks that run in the country, while Ripple introduced its Line of Credit beta offering. Plus, the Federal Reserve is working with seven central banks and...
The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top news in digital-first banking, Revolut is rolling out a new feature to encourage youth to stash cash, while the Bank of Korea has indicated that it plans to start testing distribution of its digital currency next year. Plus, Americans decreased their credit...
In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Plus, Oracle Banking Payments announced it is...
Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top news in digital-first banking, Bank of America has launched its Life Plan program, while United Airlines and Chase Card Services launched a United Gateway credit card. Plus, NCR Corp. unveiled its new generation of automated teller machine (ATM) operating software. Get the...
At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. Get the Full Story Complete the form to unlock this article and enjoy unlimited...