Banking

Banking
NCR: How FIs Can Triumph Over the Challenger Bank Challenge
February 21, 2020

For traditional financial institutions (FIs), especially smaller FIs and credit unions (CUs), the age of disruption is here. 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
New York Leads US In Bank Branch Closures
February 19, 2020

Banks across the U.S. are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
JPMorgan To FinTechs: Sign Data Sharing Deals, Sources Say
February 14, 2020

As large banks and FinTechs worldwide wrestle over data-sharing, JPMorgan Chase & Co has reportedly set a mid-summer deadline for FinTechs to ink new data access agreements. FinTech firms will be prevented from accessing client data by July 30, except if they ink the deals,...

Banking
Goldman Sachs: To Compete, Bank Needs Top Tier Tech Talent
February 13, 2020

As it quickly strengthens the ranks of its engineering personnel, Goldman Sachs is competing with the largest tech firms for workers. Co-chief Information Officer George Lee said onstage during an event Wednesday (Feb. 12) that the investment firm has 10,000 developers, which comprises roughly 25...

Banking
Revolut Starts Open Banking Service For UK Customers
February 11, 2020

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will make everything easier and more efficient in dealing with people’s finances, according to a press release. Get the Full Story...

Banking
Credit Suisse CEO Resigns After Spying Fiasco
February 07, 2020

The CEO at the bank Credit Suisse has stepped down after a scandal involving corporate spying, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
February 05, 2020

In finance, accounting is everything. 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, you agree to receive...

Banking
Remitly Taps Immigrant Market With New Passbook Banking Service
February 03, 2020

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
New UK Farmers’ Bank Gets License, Funding
February 03, 2020

A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...