Even with mobile apps and banking robots, bank tellers are not going away: While conventional wisdom suggests that the job may be in decline, anecdotal evidence suggests otherwise, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said is the highest interest rate in the country to lure new customers its way. According to a report in the...
JPMorgan Chase & Co. is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to a report citing the company, the bank will change the Chase Premier Platinum accounts to Sapphire Banking accounts. Chase Premier Platinum accounts have a...
Capital One, the national bank, filed a patent application with the U.S. Patent and Trademark Office last June to use blockchain for securing user authentication methods for banking security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
These are not the best times for ink pens and crisp, elegant, handwritten signatures from corporate executives. As much of the payment and contractual paperwork that underlies the economy shifts from paper to digital (a slow but ongoing change), signatures are transforming, too. One of the...
Implementing AI might be all the rage, but are banks buying too much into the hype? FIs need to cut through the noise and find use cases which solve their biggest pain points, says David Berglund, SVP and AI leader at U.S. Bank. In the...
Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Businesses in nearly every industry need to worry about risks, especially when it comes to fraud and security. But those dangers are even more pressing in the banking industry, where bad actors are increasingly attacking financial institutions (FIs) on multiple fronts, and using multiple techniques....
Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According to a report in CNBC, Citigroup is overhauling the executives in its global consumer banking businesses and, as a result,...
