Banking

Banking
Only 25% of Consumers Have Ever Used a FinTech Bank
May 25, 2023

Digital-first and digital-only banks are gaining ground, but many consumers are hesitant to make the switch from a more traditional bank to a neobank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Starling CEO Steps Aside As Neobank’s Revenues Double
May 25, 2023

With profits increasing six-fold and revenues rising, Starling Bank’s CEO is stepping down. 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
Citigroup Plans IPO for Mexican Banking Unit Banamex
May 24, 2023

Citigroup says it has decided to take its Mexican retail banking unit Banamex public. 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
Report: NCR Considers Selling $2 Billion Digital Banking Business
May 24, 2023

NCR is reportedly weighing selling its digital banking unit ahead of its planned split. 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
JPMorgan On Track to Deliver $1 Billion in Value Through AI
May 22, 2023

For J.P. Morgan, and as evidenced at its investor day on Monday (May 22), a few things remain the same. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Yellen Reportedly Says Banking Industry May Need More Mergers
May 19, 2023

There may be more bank mergers on the way. 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,...

Banking
SVB’s ‘Twitter-Fueled’ Collapse Makes Banks Reassess Social Media
May 18, 2023

Lenders are reportedly examining their social media strategies following recent banking failures. 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
Community Banks May Find GPT More Friend Than Foe
May 17, 2023

The downfalls of Silicon Valley Bank, Signature Bank and First Republic have changed the conversations smaller financial institutions are having with their clients. 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...

Banking
UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
May 17, 2023

From high fees to complex applications and an impersonal service, the business current accounts offered by traditional banks still leave a lot to be desired, said Richard Davies, CEO at Allica Bank, a regulated U.K. neobank which provides savings, lending and payments services for small...