Banking

Banking
UK Lender Starling Loses Four Executive Employees
July 12, 2019

Amid expansion efforts of U.K. digital bank Starling, several senior executives — including Julian Sawyer, Starling’s co-founder and chief operating officer — have left this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Citi Looks To Lead In Q2 Earnings
July 12, 2019

Companies are beginning to release their second quarter earnings reports, and experts are pointing to Citigroup to outperform in the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Challenger Payments Platform VibePay OK’d By UK FCA
July 11, 2019

London-based VibePay has won approval from the U.K. Financial Conduct Authority (FCA) to provide direct-to-bank payments via open banking. 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...

Banking
EU Central Bank Taps Former Goldman Sachs Banker As Regulator
July 11, 2019

The European Central Bank (ECB) has brought on Elizabeth McCaul as a banking supervisor, 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 — no additional logins required....

Banking
Germany’s N26 Neo-Bank Rolls Out US Mobile Banking
July 11, 2019

Through a staged rollout in which 100,000 customers on the U.S. will be invited to sign up and have full access to its product, N26 Inc. is launching its banking app in the United States. The company is a U.S. subsidiary of N26 GmbH, which...

Banking
Can ‘Elective’ Fees Work For Retail Banks?
July 08, 2019

Most people like their banks, a built-in advantage for banks and credit unions as they fend off challenges from upstarts, and as more and more financial services get the mobile touch. Indeed, some 88 percent of consumers don’t see a reason to switch to other...

Banking
InstaReM CEO: Why We Want A Digital Banking License
July 08, 2019

When Facebook’s Libra news broke like a tidal wave on the payments and commerce ecosystem a few weeks ago, there was no shortage of opinions about what it meant and whether or not it would take the world by storm. For Prajit Nanu, CEO at...

Banking
Six Nordic Banks Team To Take On AML Issues
July 05, 2019

Six major banks in the Nordic region will form a customer checking center to help combat money laundering and improve the reputation of the area’s financial institutions, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and...

Banking
Irish Central Bank Fines Wells Fargo 5.9M Euros
July 05, 2019

Ireland’s central bank has fined Wells Fargo 5.9 million euros, according to a report by Reuters. The fine is the second biggest ever issued by the bank, and it’s for five breaches that happened between 2014 and 2019, which include failure to report the bank’s...