HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. 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...
In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Robinhood has announced that it giving up on its plans to become a federally insured bank. 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...
Revolut has announced the launch of GBP Direct Debits, a new feature for its global financial retail and business platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. Get the Full Story Complete the form to unlock this...
More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. 25). Get the Full Story Complete the form...
Barclays has announced the launch of a new branch in Luxembourg that will provide multinational clients with transaction banking services. The branch, to be led by Snorre Tysland, will offer corporates and financial institutions banking products that include cash management, debt, foreign exchange and trade...
This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the country’s financial institutions were considered “high risk,” according to Bloomberg. Get the Full Story Complete the form to unlock this...
British bank TSB, on the heels of an IT disaster that saw its annual profits wiped out, recently dealt with an issue where customer payments didn’t come out on time, according to a report by the Financial Times. Get the Full Story Complete the form...
