Banking

Banking
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs
October 29, 2019

Marqeta, a card issuing platform, has introduced a new service called Marqeta Reserve Financing, which is designed to help businesses incorporate a reserve financing option into their workflow, according to a release. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
October 29, 2019

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Banking
Why The Time Is Right For Banks To Tap Into Integrated Receivables
October 25, 2019

FinTech firms are delivering technology solutions to banks that can help them maintain their customer relationships — and generate income. As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. DadeSystems CMO Tom Berdan told PYMNTS...

Banking
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line to become the chief executive officer (CEO), The Financial Times reported on Thursday (Oct. 24). Get the Full Story Complete...

Banking
Barclays Will Allow Customers To Continue PO Cash Withdrawals
October 24, 2019

Barclays revealed that it will not withdraw from a partnership that allowed customers to withdraw cash at branches of the U.K. Post Office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Study: FIs Must Be Stronger To Prepare For Economic Slump
October 22, 2019

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
No More Free Lunch For Swiss Bank Account Customers
October 18, 2019

Swiss banks are going to start charging their millionaire customers to store money, according to a report by CNN. 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
Digital Bank Chime Suffers Outage Affecting 5M Customers
October 18, 2019

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...