Moroccan commercial bank CIH Bank is going live with new automated banking services with the help of Finastra, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Japan’s banking industry has been under pressure from the national government to reduce fees for sending money electronically. Now, the country’s biggest banks said they will work together to build a less expensive money-transfer network focused mainly on small transactions among individuals, Bloomberg News reported....
Monzo Bank Ltd, the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Financial institutions (FIs) and every other manner of business is right now learning a lesson in resiliency, for good or ill. As reports of how different sectors of the financial services industry performed during the global emergency, a few things stand out. Among them is...
When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids...
The past several years have been good times for digital banking players popping up to challenge traditional brick-and-mortar financial institutions for market share, but recent months have accelerated that trend into overdrive. Consumers worldwide are realigning their entire lives around digital — and looking for...
HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic, The Telegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. 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...
Six additional U.S. banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
