Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, according to a report. Get the Full Story Complete the form to unlock this article...
India’s shadow banks are struggling as defaults in the country’s credit market have risen. 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...
The European banking app Monese has formed a partnership with cross-border deposits marketplace Raisin, as reported on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech, blockchain and digital lending markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Swedbank’s new CEO says that while transparency is a goal after his predecessor misled the public about money laundering, he still has to protect clients’ privacy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new survey of 34 banks in Switzerland showed that only about 50 percent of the population bank online, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Swiss bank Credit Suisse said it plans to invest heavily into its digital ecosystem, and that it doesn’t think it’s necessary to have a large number of branches to compete with other banks, according to a report by Reuters. Get the Full Story Complete the...
Banking startup N26 has announced that its mobile banking app is now available to customers across the United States, following the completion of a beta program that lasted two months, according to a release. Get the Full Story Complete the form to unlock this article...
Challenger banks are pushing traditional banks to reboot their customer experience. In the latest Digital Banking Tracker, Jamie Warder, head of digital banking for KeyBank, explains how artificial intelligence (AI) and machine learning (ML) is helping them challenge the challengers.
