Customers of Revolut were inconvenienced by a partial outage of services, leaving them unable to complete online payments for a while on Sunday, Dec. 26, the Irish Times writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Today, in TechREG, we start a series of articles about open banking and its regulatory challenges and opportunities. In this article, we explain the two main policy approaches to open banking, and we include a prediction of which one is likely to have more followers...
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British lender Nationwide Building Society said Tuesday (Dec. 21) that inbound and outgoing payments have been delayed all day, and there’s no sign of when the problems will be resolved, BBC News reported. Get the Full Story Complete the form to unlock this article and...
Dutch financial services firm ING is leaving behind its French retail banking operations, a decision that may impact 460 workers, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Community and midsize banking association Alloy Labs Alliance is launching CHUCK, an open network for instant payments to compete with Zelle, a payment network owned by the nation’s largest banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Interbank payments in the U.K., such as Bacs and the Faster Payments Service (FPS), used to pay wages, pay bills or transfer money to a friend, accounted for nearly £7 trillion in 2020. The U.K. is now planning to replace the underlying infrastructure for the...
The banking needs of most small- to medium-sized businesses (SMBs) typically aren't that complicated, as most want easy access to specific loan and payment tools, and 'a la carte' choices to fill in any service gaps. In the Next-Gen Commercial Banking Tracker, Bank Independent’s Kelly...
