The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even though it had a high yield, according to a report by Reuters. Get the Full Story Complete the form to...
The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. central bank said in a press release on Monday, Sept. 23. Get the Full Story Complete the form to...
Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19). Get the Full Story Complete...
Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. 19). Get the Full Story Complete the form...
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 a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo. The Bureau is now trying to determine if...
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to...
Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve mobile banking apps’ speed, security and ease of use. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
