Banking

Banking
NCR Tapped By U.S. Century Bank For Digital Banking Technology
May 19, 2021

Florida-based U.S. Century Bank chose NCR Corporation to enhance the online banking experience for companies and individuals, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Goldman Planning 2022 UK Launch Of Marcus App, Robo-Adviser
May 18, 2021

Goldman Sachs is planning to launch an app in the U.K. for customers of its digital bank Marcus and also has plans in the works to offer automated investment management, FinTech Futures reported. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Wells Fargo Analyst Predicts US Banks To Shed 10 Pct Of Jobs
May 16, 2021

Bank analysts say the U.S. banks might end up cutting as many as 200,000 jobs in the next decade as consumer banking behavior undergoes shifts, a report from Financial Times says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
US Bank, Plaid Partner On Open Banking Portal
May 13, 2021

U.S. Bank, the fifth largest bank in the U.S., has joined with FinTech company Plaid in an open finance partnership. The collaboration will allow their millions of customers to manage their accounts and connect to FinTech apps and services, the two companies said in a Thursday...

Banking
Big US Banks Pilot Credit Program For People With Low Or No Credit Scores
May 13, 2021

JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. banks working on a government initiative to get credit into the hands of people with no or low credit scores, The Wall Street Journal reported on Thursday (May 13), citing sources. Get the Full...

Banking
Bankers Worried Over Credit Card Balances Paid In Full
May 11, 2021

Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall Street Journal reported Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
CFPB Looks Into US Bancorp’s Consumer Sales Practices
May 06, 2021

The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this week. U.S. Bancorp said in the filing that it has responded to the CFPB and continues responding to the Bureau....

Banking
Jack Henry, Finicity Team On Open Banking For Community FIs
May 05, 2021

Payments processing services firm Jack Henry & Associates on Wednesday (May 5) announced a partnership with financial data provider Finicity, an arrangement the two companies say will give customers a greater picture of their financial well-being. Get the Full Story Complete the form to unlock...

Banking
The Real Reason Banks Miss Out On Millennial Insurance Sales
May 05, 2021

Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a product that almost everyone needs and with a captive audience that’s willing to listen. Get the Full Story Complete the...