Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. 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...
New data shows that more Americans are holding money in their checking accounts, a sign that they don’t feel as secure as they would like about the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Wells Fargo’s investment bank unit is in hiring mode, reportedly gearing up to hire hundreds of new employees — including around twenty managing directors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With Congress ready to pass the first rewrite of the Dodd-Frank Act, U.S. banks are looking to revise or eliminate more than a dozen other lesser-known rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. Postal Service locations nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 million in a new round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that the tech is lacking - or even that the interest isn’t there - but the...
When it comes to innovation, credit unions may just be the most innovative of all, while banks big and small fail to keep up with their pace – but they’ve still got a long way to go. Get the Full Story Complete the form to...
The penny jar is a classic, painless way to save for a rainy day. When people get home from work or school, they can simply empty their pockets of change and put those coins in the jar, where they will soon amount to enough for...