Banking

Banking
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. 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...

Banking
UK Committee Says Banks Closed 2.7% of Small Business Accounts
February 28, 2024

More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Cross River Adds Investment Banking Services for FinTechs
February 26, 2024

Cross River Bank and CRB Securities are moving into the investment banking space. 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...

Banking
OCC Head Concerned About Bank-FinTech Collaboration
February 26, 2024

Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to mitigating any perceived risks in banking — especially those triggered by collaborations with FinTechs. Get the Full Story Complete the...

Banking
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. 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...

Banking
Report: Customers Feel Tricked by Banks’ Savings Offerings
February 25, 2024

Consumers are reportedly taking legal action after allegedly being deceived by their banks’ savings offerings. 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,...

Banking
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024

Regions Financial is shortening the tenors of certificates of deposits (CDs). 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...

Banking
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
February 19, 2024

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which participated in the firm’s 2022 Series B round. Get the Full Story Complete the form to unlock this article and...

Banking
Velmie Launches Customizable Business Banking Platform
February 16, 2024

Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. 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...