Banking

Banking
Big Banks See Overdraft Fee Revenues Fall 25%
February 11, 2024

America’s three biggest consumer banks saw their overdraft fee revenues fall 25% in 2023. 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
Regulators Worry as Banks’ Debt to Shadow Lenders Tops $1 Trillion
February 11, 2024

American lenders have loaned so-called “shadow banks” more than $1 trillion, and regulators are worried. 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
FIS Debuts Interoperable Platform for Sharing Bank Data
February 08, 2024

FIS has debuted a platform that lets its clients’ customers share banking data. 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 Branch Buildouts and Upgrades Show Omnichannel Is Here to Stay
February 08, 2024

The pandemic threatened to make banking in the brick-and-mortar setting a bit of an anachronism. 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
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. 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....

Banking
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Banks Report Tighter Standards, Lower Demand for Lending in Q4
February 05, 2024

Banks tightened their standards on loans to both businesses and households in the fourth quarter. 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
UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
February 05, 2024

Open banking is set to change the world. 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, you...

Banking
LendingClub Completes Standard Operating Agreement for New Bank
February 02, 2024

LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted in the operating agreement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...