Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a Tuesday (April 8) news release. Get the Full Story Complete the form to unlock this article...
Regional banks that were looking to grow after dealing with the banking crisis that began in the spring of 2023 are reportedly now being challenged by the economic uncertainty driven by the new U.S. tariffs. Get the Full Story Complete the form to unlock this...
Consumer payments have become a “new battleground” for banks, JPMorgan Chase Chairman and CEO Jamie Dimon said Monday (April 7) in his annual letter to shareholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Singapore-based payments startup Airwallex reportedly wants to expand into lending. 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 this form, you...
We get a lot of press releases here at PYMNTS. We consider all of them, and some are more newsworthy than others. But this one really got our attention. This past week, Diebold Nixdorf made headlines with its announcement of successfully installing two new automated...
Bank-FinTech relationships are likely to drive the integration of GenAI into banking, Federal Reserve Governor Michael S. Barr said Friday (April 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
There are roughly 33 million small businesses in the United States, employing a bit less than half of workers in the country, according to the U.S. Chamber of Commerce. All businesses need capital to survive and thrive, and yet banks’ servicing of those needs is...
Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The shakeup and shakeout of banking-as-a-service (BaaS), in the wake of the Synapse bankruptcy last year, has opened up new potential for embedded finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
