Banking

Banking
M&T Bank CEO Calls for More FinTech Regulation
March 02, 2022

M&T Bank Corp CEO René Jones has made the case for holding digital banks to the same regulatory standards as traditional financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Federal Reserve Proposes US Central Bank Payment System Changes
March 01, 2022

The Federal Reserve Board has been looking closer at how financial firms get access to the U.S. Central Bank’s payment system, Bloomberg reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Ukraine Central Bank Confirms System Still Running Fine
March 01, 2022

The Ukrainian banking system has been running smoothly and banks have been replenishing cash when they can, Reuters reported Tuesday (March 1), citing Kyrylo Shevchenko, the central bank governor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Secret JPMorgan Division Developing Startup Investment Platform
February 28, 2022

JPMorgan is reportedly in the midst of developing a business unit dedicated to private companies that will offer an array of services around the concept of matching startups and investors, CNBC reported on Monday (Feb. 28), citing sources with insider information.  Get the Full Story...

Banking
Global Banks Rush to Comply With Russian Sanctions
February 27, 2022

Senior management and compliance teams at major banks have been working vigilantly to understand the new sanctions imposed on Russia, Reuters reported Sunday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Russian Banks Say They Can Weather Sanctions
February 25, 2022

Russia’s sanctioned banks said Friday (Feb. 25) that they have enough liquidity to meet client demand and are working to make it through the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Santander Speeds up Digital Move, Shifts Corporate Structure
February 24, 2022

Santander Bank is streamlining its executive structure and boosting its efforts in the digital space, the Madrid, Spain, institution announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Citi to Eliminate Overdraft Fees
February 24, 2022

Citi will eliminate fees on overdrafts, overdraft protection and returned items by this summer, the banking giant announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
February 24, 2022

French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was adhering to “all applicable regulations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...