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Not a news flash: Outdated core systems keep banks from enabling the embedded finance products that their customers want, something that Alex Zerio, head of solution and platform architecture at Green Dot Corporation, says can be addressed by moving to the cloud.
Goldman Sachs is reportedly moving forward with one of the most extensive reorganizations in its 153-year history — and the Wall Street bank’s fourth restructuring in three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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FinTech NorthOne has raised $67 million in Series B funding to go toward expanding its business banking and financial management platform, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
French telecom Orange is reportedly weighing its options for its online banking division in the wake of media reports that the company was considering the sale of Orange Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest financial institutions finish crunching numbers for third-quarter earnings reports later this week and next. Get the Full Story Complete the...
The most recent Nobel laureates in economics confirm that banks have cemented a level of trust with consumers that is invaluable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...