Banking

Banking
AML Expenses Eat Into Nordic Lenders’ Profits
July 21, 2019

Anti-money-laundering compliance controls have impacted Nordic banks’ bottom lines. 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,...

Banking
SunTrust Experiences Overall ‘Solid’ Q2 Amid Planned BB&T Merger
July 18, 2019

SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the quarterly numbers, management said the company is satisfied with the movement toward a planned merger with BB&T Corp. Get the...

Banking
Peter Thiel-Backed German Online Bank N26 Worth $3.5B
July 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Bank Innovation That Heeds The Needs Of The ‘Digital Native’
July 18, 2019

In financial services, there is a big gap between recognizing the need for innovation and actually innovating. Joe DeRosa, executive vice president at i2c, explains why firms must eye the ‘digital native’ when bringing new payments services to market — and be courageous when doing...

Banking
Google Pay Adds Support For 26 New Banks This Month
July 17, 2019

Google Pay has added support for 13 new  banks in July, bringing the total number of banks added this month to 26, according to reports. Google has been adding banks at a rate of about every other week. Get the Full Story Complete the form...

Banking
Ondot’s New Cloud Service Taps Digital Innovation For Banks
July 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Curve Captures $55M In New Funding
July 16, 2019

Referred to as an “over-the-top” digital banking platform, London-based Curve has cleared $55 million in its latest funding round. Curve’s claim to fame in financial services is allowing customers to consolidate their many cards into a single Curve card and app. The theory is that...

Banking
IMF Warns Of Big Tech Disruption In Banking Space
July 15, 2019

Banking institutions will get “left behind” if they don’t evolve as big tech companies continue disrupting the financial system, the latest research from the International Monetary Fund (IMF) says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
JPMC Q2 Earnings Expected To Reflect Expanding Digital Innovations
July 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...