Banking

Banking
Following Other Online Providers, Affirm Boosts APY on Savings Accounts
September 01, 2022

Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
August 31, 2022

In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues from a policymaking perspective. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
SavvyMoney Adds New Client Portal for Bank, Credit Union Partners
August 31, 2022

Integrated credit score solution provider SavvyMoney has launched a new client portal that brings the resources it offers its bank and credit union partners together in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Grab- and Singtel-Backed GXS Launches Digital Bank in Singapore
August 31, 2022

GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and businesses in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Carbon Trackers, the Next Big Thing in European Banking Apps
August 30, 2022

When considering tools to help reduce their carbon footprint, few people will immediately think of their mobile banking app. And yet, a growing number of European banks are introducing features that allow users to monitor the carbon emissions their spending generates. Get the Full Story...

Banking
Surecomp, BIDV Partner to Meet Demand for Trade Finance in Vietnam
August 30, 2022

Trade finance solution provider Surecomp has partnered with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to deploy Surecomp’s trade finance platform as part of the bank’s broader digital transformation. Get the Full Story Complete the form to unlock this article...

Banking
Arab Bank Launches Products for Doctors
August 29, 2022

The multinational Arab Bank has launched a banking package in Bahrain tailored to doctors’ banking requirements. The new package — “Tabeeb Plus” — will provide medical professionals a personalized banking experience and preferential banking benefits, according to an emailed release Tuesday (Aug. 30). Get the...

Banking
UK Challenger Bank Zopa Reaches £2B Deposits Mark
August 25, 2022

U.K. challenger bank Zopa reported Thursday (Aug. 25) that its deposits now total more than £2 billion, driven by its offer to help customers do more with money that would otherwise sit idle.  Get the Full Story Complete the form to unlock this article and...

Banking
BofA to Expand Digital Banking Tools to Meet Growing Customer Demand
August 25, 2022

After seeing a record number of consumers logging into digital channels during the month of July and the second quarter, Bank of America is planning to boost its spending on technology to further expand its electronic banking tools.  Get the Full Story Complete the form...