Banking

Banking
Mastercard to Launch New Open Banking-Powered Digital Account Opening Experience
February 28, 2024

Mastercard is preparing to launch a new digital account opening experience for select U.S. debit and prepaid products. 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...

Banking
Enfuce Wins eMoney License From British Regulator
February 27, 2024

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. 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
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
FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
February 26, 2024

Fidelity National Information Systems (FIS) reported fourth-quarter earnings results that showed momentum in recurring revenue metrics as financial institutions expand their digital banking initiatives and offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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
Report: FairMoney Looking to Acquire Umba, Expand in Kenya
February 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and Kenya. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...