The Central Bank of Nigeria (CBN) has approved a mobile banking license for South African telecom MTN, allowing it to operate as Momo Payment Service Bank Limited (Momo PSB), according to a Monday (April 11) Ripples Nigeria report citing a statement from the bank signed...
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U.S. banks might see deposits decrease for the first time in several decades, The Wall Street Journal wrote Sunday (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The first quarter was unkind to the nation’s banks. 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 completing this form,...
For banks, overdraft fees and at least a few other revenue streams are shrinking, even disappearing in many cases. 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...
Discover is introducing a checking account with cash-back rewards, early access to paychecks and a mobile-first digital banking experience, according to a Wednesday (April 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
J.P. Morgan CEO Jamie Dimon’s letter to shareholders laid bare the competitive threats facing the banking sector generally. 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...
There are few certainties in the world — but among them, as noted by Jamie Dimon, CEO of JPMorgan Chase, in his annual letter to shareholders: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mana Interactive Inc. on Thursday (March 31) introduced a payments and rewards platform for people who love to play video games that will include a Mana deposit account and Mana Visa Debit Card’s neobanking solution that rewards gaming activities and purchases. Get the Full Story...