Banking

Digital Bank Zopa Looks to M&As After $93M Fundraise
Banking
Digital Bank Zopa Looks to M&As After $93M Fundraise
February 02, 2023

U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. 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...

JPMorgan Expands Retail Banking as Other Big Banks Contract
Banking
JPMorgan Expands Retail Banking as Other Big Banks Contract
February 01, 2023

J.P. Morgan is reportedly looking to expand its consumer banking operations in Europe. 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...

Treasury Prime Gets $40M Vote of Investor Confidence in Embedded Banking’s Marketplace Model
Banking
Treasury Prime Gets $40M Vote of Investor Confidence in Embedded Banking’s Marketplace Model
February 01, 2023

Two years ago, banking-as-a-service (BaaS) provider Treasury Prime, then a startup, raised $20 million. 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...

Interoperable Data and Payments Are Healthcare’s Future, Says Bank of America
Banking
Interoperable Data and Payments Are Healthcare’s Future, Says Bank of America
January 31, 2023

Amid an array of healthcare data and reams of medical payments handled by banks exists a triage opportunity. 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...

Machine Learning Helps Expand Credit Access In Emerging Markets
Banking
Machine Learning Helps Expand Credit Access In Emerging Markets
January 29, 2023

Artificial intelligence (AI) is helping increase access to financial services in Africa. 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...

Federal Reserve Denies Digital Asset Bank Custodia’s Application
Banking
Federal Reserve Denies Digital Asset Bank Custodia’s Application
January 27, 2023

The Federal Reserve Board has denied digital asset bank Custodia Bank’s application. 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,...

FinTechs See Partnership Potential as Businesses Refocus on Their Core
Banking
FinTechs See Partnership Potential as Businesses Refocus on Their Core
January 27, 2023

Many FinTechs got walloped in 2022 for bloated valuations, which is increasing the focus on fundamentals and partnerships. 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...

Banks Use Receipt Data to Drive More Targeted Sales to Merchants
Banking
Banks Use Receipt Data to Drive More Targeted Sales to Merchants
January 26, 2023

Using data from receipts to personalize loyalty programs has great potential rewards for merchants, so long as they partner with financial firms ready for the task.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Dubai Investments Takes 9% Stake in UK Digital Bank Monument
Banking
Dubai Investments Takes 9% Stake in UK Digital Bank Monument
January 26, 2023

Dubai Investments has acquired a 9% stake in Monument Bank. 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...