Banking

Banking
PNC Bank on the Challenges of Client Onboarding in a Remote Business World
March 17, 2022

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
Treezor Is First FinTech to Garner All Payment Licenses in France
March 16, 2022

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...

Banking
PNC Bank: Process Automation Cuts Friction, Improves Commercial Client Onboarding
March 16, 2022

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Banking
Lloyds to Divide Its Three Units Into Five
March 15, 2022

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...

Banking
From Open Banking to Open Finance: The Scottish Roadmap 
March 14, 2022

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Banking
EntreBank to Focus on SMBs When it Opens in Minnesota
March 13, 2022

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...

Banking
Banking as a Service Paves Way for New Revenue Streams, Financial Super Apps
March 11, 2022

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...

Banking
Bank of America Introduces ACH Positive Pay on Its CashPro App
March 10, 2022

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...

Banking
Regulators’ Tough Approach to Bank Mergers May Have a Silver Lining
March 09, 2022

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...