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,...
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...
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....
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...
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...
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...
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...
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...
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...