Bill.com, the business payments company, announced Wednesday (Nov. 9) the launch of Bill.com Connect, a digital payments service designed to help banks improve their relationships with small and medium-sized businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Israeli Bank Leumi is preparing to launch a mobile-only bank later this year, according to Finextra. 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 newsletter,...
Consumers have been burned by financial institutions in more ways than one. From data breaches to market crashes, many have lost trust in the traditional financial system’s ability to deliver the security and stability consumers need. But what would it take to change that? Ray...
Wipro, the information technology, consulting and business process services company, announced Monday (Nov. 7) it launched its Open Banking API platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It’s getting hard out there for a tech vendor — particularly those that sell to banks. Banks are cutting costs these days — hit by high compliance costs and an interest rate that the Fed keeps delaying raising — and those costs are hitting vendors like DH Corp., Fiserv Inc....
Wells Fargo disclosed Thursday (Nov. 3) it is raising the amount of money it set aside for legal fees due to the fake account scandal and added the Securities and Exchange Commission to the growing list of regulators that are looking into its sales practices....
The U.K.-based financial services provider has signed on with 10x Future Technologies, the FinTech startup established by former Barclays Chief Antony Jenkins, to help boost its digital capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that it allegedly overcharged hundreds of thousands of homeowners for appraisals of their homes. Get the Full Story Complete the form...
Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. Get the Full Story Complete the form to unlock this...
