Banking

Banking
Citigroup Consumer Unit May Miss 2020 Goals
March 31, 2019

Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
ICBA Bancard And Urban FT Link Up For Prepaid Cards
March 28, 2019

ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. Get the Full Story Complete the form...

Banking
Lazada To Expand Its Financial Services
March 27, 2019

Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
NY Fed Creates FinTech Advisory Group
March 26, 2019

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. Get the Full Story Complete the form to unlock this article...

Banking
Mexican Gov’t. Wants Bank Competition To Help Unbanked
March 24, 2019

The Mexican government wants local banks to do more to help the millions of unbanked citizens in the country. 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
Why Technology Isn’t Bank Transformation’s Silver Bullet
March 18, 2019

Is there a right way and wrong way to innovate? 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
BBVA: Inquiry Into Spying Allegations Could Last Months
March 15, 2019

As BBVA Executive Chairman Carlos Torres seeks to ease the concerns of retail investors, the company official said it could take months to complete an inquiry into alleged spying involving the bank. Torres also said the bank would cooperate with judicial officials, while he thanked Francisco...

Banking
Rep Waters Backs Ouster Of Wells Fargo CEO Over Bonus
March 15, 2019

U.S. Representative Maxine Waters (D-CA) called for Wells Fargo CEO Tim Sloan to step down from his job after it was revealed that he received a $2 million bonus last year. The bank disclosed Sloan’s compensation this week, including the fact that he received a...

Banking
JPMorgan CEO: Europe Needs Pan-European Banks
March 14, 2019

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said European banks should look beyond their borders for mergers to take advantage of the full economic power of the region, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...