Revolut Bank, part of the U.K. FinTech unicorn Revolut, has been granted a full banking license by the European Central Bank (ECB), the Bank of Lithuania (LB) recently announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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Avant, a FinTech focused on getting credit access for middle-income consumers, announced Thursday (Dec. 16) that is has expanded its portfolio with the launch of Avant Banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Consumers crave the banking convenience provided by third-party portals and apps that offer connections between bank accounts and merchants. 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...
J.P. Morgan‘s British retail bank Chase is continuing to expand its staff as it executes its strategy to move into investment and savings services by integrating its acquired digital wealth manager Nutmeg and to roll out its consumer lending product suite. Get the Full Story...
Chime customers can now deposit cash at Walgreens locations around the country, the FinTech announced Monday (Dec. 13). 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...
Citi Treasury and Trade Solutions has upgraded its Citi Present and Pay eBill payment platform with new features, including Citi Verify, an instant account verification tool, and e-bill distribution capabilities through Request for Pay messaging, the real-time payment system from The Clearing House, according to...
The number of U.S. banks has dropped from an all-time high of 30,456 in 1921 to 4,377 at the end of 2020, a drop of 86% — and that decline isn’t likely to end, said William R. Emmons, an assistant vice president and lead economist...
U.K. challenger bank Monzo is raising more than $500 million (£377m) at a valuation of $4.5 billion (£3.4bn) as it gets ready to take a deeper dive into cryptocurrency trading and further evolve its buy now, pay later (BNPL) product. Get the Full Story Complete...
