Banking

Banking
N26 Has $2.7B Valuation After Latest Funding Round
January 10, 2019

N26, the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Chime’s Expanding Banking Services Menu
January 08, 2019

When Chime’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind: offering middle-class consumers a good deal. It was something that was surprisingly hard for them to find in mainstream banking. Get the...

Banking
EU Works To Quell Chaos Post-Bank Failures
January 07, 2019

Launched in 2016, the Single Resolution Board (SRB) aims to make sure that the failure of one major bank does not impact the EU’s entire banking system or require a bailout from taxpayers. Get the Full Story Complete the form to unlock this article and...

Banking
Banks Help Gov’t Workers Impacted By Shutdown
January 06, 2019

With the government shutdown continuing, banks in the U.S. have been stepping up to help, offering forbearance on loans and the associated fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Goldman Increases Interest Rates For Marcus
January 04, 2019

Goldman Sachs has boosted interest rates for Marcus savings accounts, according to a report from CNBC. 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...

Banking
Big Banks Struggle With Generous Rewards Cards
January 02, 2019

U.S. banks are facing increased costs associated with their reward credit cards as a result of two years of increasing the rewards points they offered customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
US Banks Shun Money Transmittal
December 26, 2018

U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Lloyds Tells Brokers To Go Digital In 2019 Or Go Home
December 21, 2018

Lloyd’s of London has announced that it might impose a ban on insurance brokers who refuse to digitalize their business in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Square Takes Another Shot At A Banking License
December 19, 2018

San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...