Banking

Banking
JPMorgan Expects Credit Losses to Stay Low Through ’23
May 23, 2022

Fears of a recession have landed the markets in hot water, though JPMorgan doesn’t think there’s much cause to worry, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Open Banking Bumpy but Adoption Curve Better Than Contactless Payments
May 23, 2022

Despite its potential to transform the financial services sector, the rollout of the open banking scheme in the U.K. to provide secure, third-party access to financial data using application programming interfaces (APIs) has repeatedly faced criticism from industry players since it was launched in 2018....

Banking
Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
May 19, 2022

Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers there and expand the region’s digitization efforts, according to a Thursday (May 19) press release emailed to PYMNTS. Get the...

Banking
Visa Using AI to Eliminate Pending Charges
May 19, 2022

Sometimes, it’s the little things that create the biggest frictions. 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
Legacy Banks Must Step up Real-Time Data Analytics
May 19, 2022

In today’s fast-paced digital world, traditional financial institutions have a problem on their hands. 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
PYMNTS Digital-First Banking Tracker: Younger Consumers Still Enjoy in-Person Banking
May 13, 2022

Picture two banking customers: one a recent college grad who’s never known life without the internet, the other a recent retiree who grew up using rotary phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Doola Debuts US Banking for International Businesses
May 12, 2022

Doola, a business banking company, has debuted a new banking product for international businesses to be able to open a U.S. bank account remotely from anywhere, a press release said Thursday (May 12). Get the Full Story Complete the form to unlock this article and...

Banking
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Tink Expands Open Banking Services Across Europe
April 28, 2022

European open banking platform Tink is taking its Payment Initiation Services (PIS) product to five new markets — the Netherlands, Norway, Estonia, Finland and Latvia, per a blog post on Wednesday (April 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...