Banking

Banking
N26 US Exit Renews Debate Over What Consumers Want From Digital Banking
November 18, 2021

Announcing on Thursday (Nov. 18) that it is ceasing operations in North America starting in January 2022, Berlin-based neobank N26 has recharged the debate around what consumers want from digital-first and digital-only banking — and who they want providing such services. Get the Full Story...

Banking
German Digital Bank N26 Shutting Down U.S. Operations 
November 18, 2021

German digital bank N26 will close its U.S. operations as of Jan. 11, 2022, less than two-and-a-half years after it debuted in America and attracted 500,000 customers, according to a company statement reported by CNBC Thursday (Nov. 18).  Get the Full Story Complete the form...

Banking
JPMorgan Chase Names Anubhav Shrivastava New Head of Global Trade for Commercial Banking
November 17, 2021

Anubhav Shrivastava is taking the reins as the global trade head for commercial banking at JPMorgan Chase where he will lead a team tasked with helping clients tap customized solutions to facilitate and streamline business dealings on a global scale, according to a press release emailed to PYMNTS....

Banking
Aiia, Netcompany Team Up to Develop Bill Payment Platform in Denmark
November 16, 2021

European open banking company Aiia is working with Nordic-based software company Netcompany to help boost open banking and help Danish residents pay bills and invoices, the companies announced Tuesday (Nov. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Mastercard’s Aiia Powers New Platform to Bring Open Banking to the Masses in Denmark
November 16, 2021

Convenience is the order of the day, especially after the onset of the pandemic, and it continues to be the key driver behind consumer action, simplifying people’s everyday lives with opportunities to do more with their finances. Get the Full Story Complete the form to...

Banking
Bank Branch Fees Instituted in Europe to Reduce In-Person Transactions
November 15, 2021

Branch usage fees are being instituted by banks across Europe to lower the number of in-person transactions that could have been accomplished online, Reuters reported on Monday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Banking’s Online Bill Pay Gets Ready for a Reboot
November 15, 2021

Flexible finances are more or less a given in today’s world. Consumers have access to multiple digital wallets, credit cards and all manner of other services for making purchases online and at stores. They can invest, gamble, book a flight or even buy a car...

Banking
Study: 82% of Consumers Connect Bank Credentials to Apps, But Security Fears Persist
November 12, 2021

The connected economy of payments is enabled by sharing banking credentials with a wide array of apps and websites. While incredibly convenient, this also exposes consumers to risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Open Banking Data Transparency Helps Consumers, Banks Stop Fraud
November 12, 2021

The age of open banking is being accelerated by the pandemic. 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 Today. By completing...