Banking

Banking
Report: South Africa’s Biggest Banks at Risk for Money Laundering
July 26, 2022

The South African banking regulator has warned that the country’s banking industry is at risk of becoming ensnared in money laundering and terrorist financing activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
China Merchants Bank Scraps 5-Year FinTech Project With JD
July 25, 2022

After more than five years of working on a FinTech project with Chinese eCommerce marketplace JD.com, commercial lender China Merchants Bank (CMB) has decided not to move forward with the planned direct banking joint venture. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Credit Suisse Reportedly Weighing More Cost Cuts
July 24, 2022

Zurich-based Credit Suisse is reportedly considering new ways to slash its costs after a poor performance in the last quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
5 Things to Know About Starling’s Banking-as-a-Service Product, Engine
July 21, 2022

Starling Bank is one of the U.K.’s most well-known challenger banks. Since launching the beta of its digital banking app in 2017, it has grown a reputation for bringing innovative solutions to the market and bringing digital-first banking to millions of consumers and businesses. Get...

Banking
42% of Consumers Would Switch Banks to Get Bundled Banking Products
July 20, 2022

Consumers’ desire for banking convenience has spurred their interest in bundled banking services. In fact, many consumers are willing to leave banks that fail to offer bundled services, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S....

Banking
PYMNTS Intelligence: SMBs Turn Toward Banks Offering Digital Solutions
July 19, 2022

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 agree to receive marketing communications from PYMNTS and...

Banking
UK FinTech Starling Scuttles EU Banking License
July 18, 2022

Starling Bank, the U.K.-based digital bank, has curtailed its international expansion plans, halting its attempt to win a banking license in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Paycheck-to-Paycheck Consumers Drive Bundled Banking, Connected Economy
July 18, 2022

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 agree to receive marketing communications from PYMNTS and...

Banking
TD Bank on Meeting SMBs’ Digital Needs
July 18, 2022

In "The Next-Gen Commercial Banking Tracker®," TD Bank's Paul Margarites tells PYMNTS how banks offer SMBs post-COVID upgrades like real-time payments and cash management solutions as a way to turn short-term survival into long-term loyalty.