The Brexit could cost U.K. banks around $17 billion as they look to reshuffle various activities to different points in Europe, according to a study from the Association for Financial Markets in Europe. The study further notes that those costs will likely act as a weight...
Capital One Financial was the sole bank among the U.S. ones to struggle through the Federal Reserve’s annual stress tests, with the bank receiving conditional approval to distribute capital to investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Singapore’s DBS Bank has a philosophy — Live More, Bank Less — which, at first seems like an odd mission for a multinational bank to adopt. Unless, of course, executing that strategy is about using AI and bots to make banking contextual. Kasisto Co-Founder, Dror Oren, takes PYMNTS inside the story...
Bank Leumi has launched Pepper, a digital banking venture that will initially offer current individual accounts and later move into securities and mortgages, as well as joint banking options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The results of Discover’s annual credit health survey are in — and as it turns out, millennials as a generation are somewhat less into checking or being controlled by their credit score than their older siblings in Generation X or their Baby Boomer parents. Get the Full Story...
Spend smartly and carry a big social impact. For the June Digital Banking Tracker™, PYMNTS speaks with Andrei Cherny, CEO of digital financial firm Aspiration, about the company’s new AIM scoring tool and helping customers realize their own purchasing power. Plus, the latest financial management...
Sustainability, as it turns out, is power. And thanks to new banking solutions, consumers are gaining new insights into their spending habits and how their daily decisions can make an impact on social and environmental issues near and dear to their hearts. Get the Full...
Pushing toward its longtime goal of being the “Ryanair of the FinTech sector” Klarna has made a big advance with the announcement that it has been granted a full banking license by by Finansinspektionen, the Swedish Financial Supervisory Authority. Get the Full Story Complete the...