Banking

Banking
SmartStream Automates Reconciliation For Jumhouria Bank In Libya
April 20, 2020

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...

Banking
Some Banks Seize Stimulus Money To Cover Customer Overdrafts
April 17, 2020

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...

Banking
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020

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...

Banking
Pandemic Set To Further Erode EU Banks’ Profitability
April 14, 2020

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...

Banking
The Many Answers To ‘What Is A Bank?’
April 13, 2020

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,...

Banking
Banking On A Rough Earnings Season For Banks
April 13, 2020

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...

Banking
Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
April 10, 2020

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 —...

Banking
Banks, Omnichannel And The New Commerce ‘Nirvana’
April 10, 2020

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....

Banking
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
April 09, 2020

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...