Banking

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...

Banking
Regional Banking Shares Drop Amid Investors’ Concerns About Sector
February 01, 2024

Regional banking shares in the United States experienced a significant decline for the second consecutive day Thursday (Feb. 1). 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...

Banking
NYCB Profits from Signature Bank Acquisition Lost
January 31, 2024

New York Community Bancorp (NYCB) shares closed down 38% Wednesday (Jan. 31) following its announcement of a dividend cut and an unexpected loss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
January 29, 2024

In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...

Banking
BNY Mellon Unveils Cash Management Solution for Treasury Services Clients
January 29, 2024

BNY Mellon has unveiled its new cash management solution, called Virtual Account-Based Solutions. 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
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. 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
i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
January 25, 2024

i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking 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 our daily...

Banking
Lloyds Slashes Jobs as Banking Customers Shift to Digital
January 25, 2024

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. 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....