British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Israel’s Bank Leumi is planning to bring its online-only bank Pepper to the United States. Launched in 2017, Pepper is a digital banking venture that is initially offering individual accounts with plans to move into securities and mortgages, as well as joint banking options. Get the Full...
Payment services providers and financial institutions are beginning their work in helping people recover from the California wildfires — with those disaster responses informed by experiences in previous wildfires and recent hurricanes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Investigators have reportedly contacted Bank of America Corp. and Deutsche Bank AG regarding transactions involving a Danske Bank branch in Estonia at the heart of a money laundering investigation. JPMorgan Chase & Co. has also reportedly been asked questions by investigators from the Justice Department, Bloomberg...
Nearly a year on, Open Banking has a bit of mileage behind it and roadmap stretching ahead. 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...
A lawyer for the whistleblower in the Danske Bank money laundering scandal warns that investigators should look into whether major Western banks were involved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Top U.K. banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street Journal, Investors, which has about 150 branches in New Jersey and New York, has hired Keefe, Bruyette & Woods to advise on the...
Lloyds Banking Group is expected to announce plans this week to create 8,000 jobs as part of a £3 billion transformation and technology investment program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
