FIs face the daunting task of offering smooth, remote onboarding processes for commercial clients, but advanced technology can help. In the Next-Gen Commercial Banking Tracker, PNC Bank’s Lane Levengood explains how FIs can harness AI and process automation to improve the process.
Banking-as-a-service (BaaS) and embedded finance startup Treezor is the first FinTech in France to receive all eight payment licenses from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), according to a press release on Wednesday (March 16). Get the Full Story Complete the form...
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Lloyds Banking Group will divide its three units into five as part of a restructuring plan, Reuters reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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EntreBank, which is focused on lending to entrepreneurs and small businesses, is going against the grain on consolidation, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
We’re headed toward a not-too-distant future when every retailer can act like a FinTech. 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...
With business clients from Bank of America using mobile devices to manage their treasuries and payments more often, the bank is rolling out its new ACH Positive Pay on its CashPro App, according to a Thursday (March 10) press release. Get the Full Story Complete...
On March 8, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) held a hearing on the US Bancorp-MFUG Union Bank proposed merger. During the hearing, different witnesses raised issues on fair lending, branch closures and even on MFUG’s business in...