Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Swedbank’s CEO has admitted to making some mistakes when handling money laundering allegations against the 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...
JPMorgan, the biggest bank in the United States by assets, has announced it will no longer finance the private prison industry, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Barclays Bank is going to merge its two payment apps into one, in an attempt to be more competitive in the payments field, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Wells Fargo has reached a $240 million settlement with U.S. shareholders over the scandal involving its bank employees opening up millions of unauthorized customer accounts. According to Reuters, the settlement by the bank’s executives and directors was filed on Thursday (Feb. 28) with the federal court...
Amid controversy around an anti-money laundering system, Revolut CFO Peter O’Higgins resigned from the firm. O’Higgins didn’t mention the issue in his resignation statement, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
N26, the FinTech startup, is gearing up to enter the Brazilian market. According to a report, N26 said during MWC in Barcelona on Wednesday (Feb. 27) that it will soon launch its retail banking business in the country. N26 had previously announced plans to enter the...
HSBC, the U.K. bank, has started beta testing of its PayMe System, a digital payment system for businesses. 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...
Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Entersekt SVP of North America Sherif Samy explains why pairing the trust factor with the (mobile) form factor can help banks adopt a successful omnichannel...
