Banking

Banking
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
May 05, 2025

FinTech sponsor banks have had a difficult 18 months. 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, PYMNTS Today. By completing this form,...

Banking
Square Updates Banking Offering to Bolster Business Cash Management
April 30, 2025

Square has debuted banking tools designed to help sellers gain instant access to their funds. 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, PYMNTS...

Banking
LendingClub: Mobile App Features Drive Member Engagement and Loan Issuance
April 29, 2025

LendingClub is finding that its mobile app is reducing servicing costs, increasing interaction with members and boosting loan issuance. 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...

Banking
66% of Zillennials Use Their Phones as Bank Branch
April 29, 2025

A recent report from PYMNTS reveals that zillennials, the demographic cohort straddling the late 20s and early 30s, are a driving force behind the evolution of digital banking, with a unique blend of tech-savviness and reliance on traditional financial institutions. Get the Full Story Complete...

Banking
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary...

Banking
Report: Trump Seeks Reintroduction of Cannabis Banking Bill
April 24, 2025

President Donald Trump is reportedly advocating behind the scenes for a cannabis banking bill like those that have stalled in the Senate in the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Revolut Delivers First $1 Billion Profit as Subscription, Wealth Units Boom
April 24, 2025

Revolut booked its first billion-dollar annual profit in 2024, underscoring how the London-based super-app’s widening menu of wealth, credit and subscription services is translating customer growth into bottom-line results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
April 23, 2025

In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through mobile channels.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an expanded consumer card and digital banking footprint in what the latter’s CEO, Richard Fairbank, said will create “something really special.”...