Banking

Banking
HSBC Weighs 10% Staffing Cut as Banks Hand Off Work to AI
March 19, 2026

HSBC is reportedly considering widespread job cuts as the banking giant relies more on AI. 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,...

Banking
BofA Targets European Banks With Private Credit Short Basket
March 18, 2026

Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Financial Times reported Wednesday (March 18). Get the Full Story Complete the...

Banking
Wells Fargo Files Trademark for ‘WFUSD’
March 11, 2026

Wells Fargo has filed a trademark application for “WFUSD,” a new digital asset-centric platform. 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....

Banking
Revolut Wins Long-Awaited Full Banking License in the UK
March 11, 2026

Revolut’s long journey to obtaining a U.K. banking license has reached its end. 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...

Banking
Retail Banking Bundles Turn Subscriptions Into FinTech Battleground
March 09, 2026

The subscription economy has reshaped how consumers pay for entertainment, software and even groceries. 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
How the Financial Sector Views Kraken’s ‘We’re the Bankers Now’ Claim
March 09, 2026

The financial industry in the United States rests in part on an architecture of trust and institutional legitimacy. 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...

Banking
OCC May Give Senators Warren and Scott Access to Trump Bank Application
February 26, 2026

Comptroller of the Currency Jonathan Gould said Thursday (Feb. 26) that he will consider sharing the unredacted bank charter application of World Liberty Financial, the decentralized finance company co-founded by members of the Trump family, with the chairman and the ranking member of the Senate...

Banking
Santander Looks to AI for Digital Transformation
February 25, 2026

Banco Santander is leveraging artificial intelligence (AI) as it works to boost its profit and its customer base over the next 24 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
JPMorgan’s $20 Billion Tech Bet Could Shrink FinTech’s Innovation Edge
February 25, 2026

Updating the banking core has traditionally been viewed as akin to docking a cruise ship, with modernization serving as shorthand for incrementalism. Digitize the front end, bolt middleware onto aging cores and keep the balance sheet insulated from technological risk. Get the Full Story Complete...