The idea of a bank-issued digital asset was once an oxymoron. Today, it’s one that’s gaining momentum. 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...
Digital bank users are not simply early adopters of new payment methods. They represent a distinct slice of the U.S. banking population, shaped by age, income, education and daily payment habits in ways that set them apart from customers of traditional banks. Get the Full Story Complete the form...
Startup-focused lender Erebor has become the first bank chartered under the second Trump administration. 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...
Nubank’s effort to get a banking license in the United States is part of a global expansion planned by the digital bank, Bloomberg reported Thursday (Feb. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Treasury Secretary Scott Bessent used his House testimony Wednesday (Feb. 4) to spotlight an urgency for new bank formation. 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...
Fictor Holding filed for bankruptcy protection in Brazil, with its holding company and a financing firm seeking to restructure 4 billion reais (about $763 million) in debt, Bloomberg reported Monday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
The merger between Fifth Third Bancorp and Comerica Incorporated closed Monday (Feb. 2), forging an institution with roughly $294 billion in assets and signaling a reshaping how regional banks compete across mobile banking, commercial payments and middle-market services. Get the Full Story Complete the form...
Visa, JPMorgan Chase and Bank of America are among the companies that will support Trump Accounts. 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...
Trust has always been central to payments, but it is changing as payments evolve. 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...