Banking

Banking
Customers in 28 European Countries Can Now Upgrade to Revolut Bank
January 13, 2022

Revolut Bank, a subsidiary of global financial super app Revolut, has announced the launch of its digital banking services in 10 Western European markets, which in addition to the 13 countries where it launched last year, makes its services currently available in 28 countries across...

Banking
Open Banking and the Constant Threat of Big Tech
January 13, 2022

Welcome to the sixth installment of TechREG’s series on open banking. In this series, you’ll find everything you need to know about how banks and FinTechs share data, what are the main risks, use cases and more. Get the Full Story Complete the form to...

Banking
Open Banking Series: Challenges for Banks, FinTechs
January 12, 2022

Open banking is all about sharing data, but what data are banks legally bound to share, and which third-party providers (TPPs) have the right to request? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Open Banking Series: What Data Do Banks and FinTechs Share?
January 12, 2022

Open banking is, undoubtedly, a good innovation for the banking sector, especially for consumers and FinTechs. But open banking can also help traditional banks to provide better services, with the assistance of third-party providers (TPPs) to their customers. Get the Full Story Complete the form...

Banking
Open Banking Series: Payments Versus Infrastructure
January 12, 2022

Open banking is synonymous with innovation in the banking sector and especially in the payment industry. 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
Citi to Shut Mexican Consumer, Small Business and Middle Market Banking Units
January 11, 2022

Citi will get out of the consumer, small business and middle market banking operations of Citibanamex to help focus more on other areas, the company announced Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
BoA to End NSF Fees, Lower Overdraft Fee to $10
January 11, 2022

Bank of America will be debuting significant changes to its overdraft services, which will include plans to do away with non-sufficient fund (NSF) fees as of February and to cut overdraft fees from $35 to $10 as of May. Get the Full Story Complete the...

Banking
Standard Chartered Emphasizing Digital With Nigerian Branch Closures
January 10, 2022

Standard Chartered Plc will close about half of its Nigeria branches as the company emphasizes digital banking, people familiar with the matter told Bloomberg for its report Monday (Jan. 10), starting with some office closures in December and leaving the London lender with 13 branches when...

Banking
Digital Banking has Arrived in Turkey With New Regulations
January 10, 2022

New rules that govern digital banks in Turkey went into effect on Jan. 1, Mondaq.com reported. 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...