Banking

Banking
SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
October 16, 2024

Digital financial services company SoFi says it has adopted its subsidiary Galileo’s cloud-based Cyberbank Core. 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
Monzo Business Customer Base Exceeds 500K
October 16, 2024

British neo-bank Monzo says it now has more than 500,000 business customers. 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
Why So Many Mid-Sized Banks Fail the Digital Lending Readiness Test
October 16, 2024

Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly true for small to mid-sized businesses (SMBs). While 70% of FIs have automated consumer lending, only 33% have done so...

Banking
Financial Stress Can Become Moment of Engagement for Community Banks  
October 16, 2024

There’s no shortage of static when it comes to financial advisors with wellness advice these days. Social media feeds, banking apps, 24-hour news channels and podcasts are all crowded by influencers, experts and a never-ending deluge of what it takes to be financially secure. In...

Banking
Amount Targets ‘Deposit Drift’ With Account Opening Platform
October 15, 2024

Banking technology firm Amount has introduced its unified account opening and loan origination platform. 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
Deutsche Bank Debuts Correspondent Banking Solution dbX
October 14, 2024

Deutsche Bank has debuted a suite of correspondent banking solutions for its clients. 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
Bank of America Merges FinTech and Technology Investment Banking Teams
October 14, 2024

Bank of America has merged its FinTech and technology investment banking teams. 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
HSBC Cutting Top Managers in $300 Million Savings Plan
October 10, 2024

Management ranks at banking giant HSBC could soon begin to thin. 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
Candescent’s Brown: Credit Unions Need Human Touch to Attract Gen Z
October 09, 2024

For all banks — but especially for small banks and credit unions — capturing the hearts, minds and wallet share of younger generations is more than just a strategy, it’s a critical pursuit. Get the Full Story Complete the form to unlock this article and...