Banking

Banking
UK Bank NatWest Introduces Biometric Payments
April 17, 2019

U.K. bank NatWest has announced a biometric payment technology for its commercial and business customers. 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
Chase Debuts eGifting From Mobile App
April 15, 2019

Chase announced Monday (April 15) that customers are now able to send gift cards via the Chase Mobile app or website. In a press release, Chase said customers can choose from more than 60 leading retailers to easily send gift cards. The feature comes with...

Banking
FI’s $52 Trillion Threat
April 15, 2019

Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means of managing their financial lives. Last week’s Capitol Hill hearing — and our own data on just where we will...

Banking
Wells Fargo Sees Shares Fall As Other Banks Enjoy Surge
April 12, 2019

Some of the country’s biggest banks saw their share prices surge after their Quarter 1 earnings beat analysts’ expectations. Shares of JPMorgan Chase rose 4.1 percent after it reported a 5 percent boost in profits, beating expectations and showcasing the strength of its banking operations....

Banking
IMF Head Sees Cryptos ‘Shaking’ The System — But Will Banking Stay Shook?
April 11, 2019

To quote a rock ‘n’ roll poet (Jerry Lee Lewis): Whole lotta shakin’ going on. 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
Wells Fargo CEO Search Could Hurt Turnaround
April 10, 2019

Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. Get the Full Story Complete the form to unlock this article...

Banking
Monzo Bank Valuation To Reach £2bn With US Investment
April 08, 2019

U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Bank of America To Update Branches In Response To Customer Behavior
April 05, 2019

Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Banking App N26 Eyes US Expansion
April 01, 2019

German-based banking app N26, geared toward younger customers and backed by notable billionaires like Peter Thiel and Li Ka-shing, wants to expand beyond Europe while keeping product offerings simple, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...