Banking

Banking
UK Digital Bank Monzo Crosses Pond To US
June 13, 2019

Digital bank Monzo, based in the United Kingdom, is crossing the pond. 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...

Banking
i2c Teams With Zero To Launch Hybrid Debit/Credit Card
June 13, 2019

To help reimagine the traditional banking experience, digital banking and payments processing technology and infrastructure provider i2c is teaming with Zero. As a financial technology company, Zero lets consumers experience the things they enjoy about debit cards while using a credit card, i2c said in...

Banking
SunTrust, BB&T Pick New Bank Name
June 13, 2019

BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Goldman CEO Says Marcus Gets ‘No Credit’
June 06, 2019

Goldman Sachs CEO David Solomon said the firm’s digital Marcus business “getting absolutely no credit from anybody else in the investing community,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Chase Shuts Down Finn
June 06, 2019

Barely more than a year after banking giant JPMorgan launched an effort to bring younger clients into the fold — through digital means and specifically through a digital banking app — the firm is killing that particular nationwide project. Get the Full Story Complete the...

Banking
Santander, eBay Partner On Loan App
June 03, 2019

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. A FinTech app owned...

Banking
Goldman Seeks To Win Business From Mid-Sized Firms
May 31, 2019

As part of its strategic plan, investment firm Goldman Sachs aims to win the business of more mid-sized companies. It also plans to spend $4 billion technology this year per John Waldron, the bank’s president, who made the remarks at a Bernstein conference in New York, the...

Banking
JPMC Customers Leave For Higher-Interest Alternatives
May 30, 2019

Deposit growth at banking giant JPMorgan Chase is slowing because customers are taking out money and stashing it in accounts at other banks that have higher interest rates, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Banking
HSBC’s Banking Robot Pepper Debuts In Miami
May 30, 2019

HSBC Bank USA, a unit of HSBC Group, announced Thursday (May 30) the launch of Pepper, the humanoid robot it developed with SoftBank Robotics America, in Miami. In a press release, HSBC said Pepper is being deployed in a retail branch in Miami, marking the...