Canada’s Scotiabank has debuted a new digital payments platform for business banking clients, which it has titled Scotia TranXactTM, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Never has the idea of “legacy” taken such a pasting as during the pandemic’s digital shift, but banking is a legacy business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s Airbank teamed up with Klarna Kosma to secure access to account information from 15,000 banks in 26 countries. Get the...
Consumers have a variety of reasons for obtaining credit cards from their primary banks or other issuers, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S. consumers. Get the Full Story Complete the form to unlock this...
Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Digital bank Tandem announced in a statement Monday (Aug. 1) that it has joined the Raisin UK online savings marketplace, providing U.K. customers with access to its range of fixed-term savings products. Get the Full Story Complete the form to unlock this article and enjoy...
The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
LendingClub has named Drew LaBenne as its new chief financial officer, the digital bank announced Thursday (July 28). 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...
Financial transaction records can act as important evidence when securing a loan or mortgage, and U.K. banks are legally obliged to provide this information to customers so as to not create barriers to switching accounts providers. Get the Full Story Complete the form to unlock...
