Financial transaction management firm SmartStream has announced new programs to help automate processes for Jumhouria Bank in Libya. 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...
Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. 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...
Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking Authority (EBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The definition of a bank was more or less unchanged for centuries. Then, within a matter of a few years, the old definitions have become more of a starting place than a final destination. Austere institutions that seemed impervious to change are reinventing themselves fast,...
Three months seems a lifetime ago, pre-coronavirus pandemic, pre-recession, pre-lockdown, pre-bailouts. 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...
Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The COVID-19 pandemic is changing the way financial ecosystems are evolving — and the speed at which they are changing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds — a $350 billion segment of the $2 trillion in government stimulus passed as part of the CARES Act a little less than two weeks...