Banking

Banking
Robinhood Launches Checking, Savings Account
December 13, 2018

Robinhood, the mobile investment app company, announced Thursday (Dec. 13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Get the Full Story Complete the form to unlock this article and...

Banking
Revolut Gets Banking License By European Central Bank
December 13, 2018

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Germany Pushes For Commerzbank, Deutsche Merger
December 13, 2018

The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. 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...

Banking
Wells Fires Slew Of Retail Bank District Managers
December 06, 2018

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
JPMorgan Eyes European Cos To Grow Abroad
December 05, 2018

JPMorgan Chase & Co. is eyeing European mid-sized and family-owned companies as the next area of growth for the Wall Street firm, aiming to offer them new business loans, cash management services, payment processing and other banking services. Get the Full Story Complete the form...

Banking
BIS Head: Amazon, Alipay Pose Risk To Banks
December 04, 2018

Amazon, Alibaba’s payment affiliate Alipay and other internet and Big Data players are a threat to traditional banks, warned Agustín Carstens, head of the Bank for International Settlements (BIS), on Tuesday (Dec. 4). Get the Full Story Complete the form to unlock this article and...

Banking
Western Union Completes Relocation Of Headquarters To Denver
December 04, 2018

The Western Union Company announced on Tuesday (Dec. 4) that it has completed the relocation of its global headquarters from Englewood to Denver, Colorado, saying it expects to make a long-term economic investment in the region of more than $300 million over the next 10...

Banking
FCA Awards P2P Lender Zopa First UK Banking License
December 04, 2018

British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Bank Leumi Eyeing Online Bank Launch In US
November 20, 2018

Israel’s Bank Leumi is planning to bring its online-only bank Pepper to the United States. Launched in 2017, Pepper is a digital banking venture that is initially offering individual accounts with plans to move into securities and mortgages, as well as joint banking options. Get the Full...