Physician, heal thyself — financially. Student debt in times of financial stress can be a crushing burden. That’s especially true for individuals who have chosen careers in the medical profession, where the average medical school debt can top more than $215,000. Get the Full Story...
The Federal Reserve’s latest weekly survey showed that the 25 largest banks in the U.S. reduced their loan-to-deposit ratio to 53.9 percent, the lowest in the 36 years that the data has been collected, Bloomberg reported on Monday (April 12). Get the Full Story Complete...
Citi announced on Monday (April 12) that its application programming interface (API) connectivity platform has processed over 1 billion API calls since launching in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
All revolutions have leaders. But what about the open banking revolution — the one across the pond in the U.K.? Well, that’s going to be led by the merchants, as Francesco Simoneschi, co-founder and CEO of TrueLayer, told PYMNTS’ Karen Webster in a recent interview....
To fuel its early-stage business in Mexico, Nubank’s unit in the Latin American country is receiving an infusion of $135 million, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top news in digital-first banking, TrueLayer landed $70 million in a funding round headed up by Addition, while Envestnet had acquired Harvest Savings & Wealth Technologies. Plus, Avant has purchased Zero Financial along with its neobank, Level. Get the Full Story Complete the...
J.P. Morgan Chase’s CEO Jamie Dimon said in his annual shareholder’s letter that banks are facing a slew of competitive challenges from tech-nimble, non-traditional financial services players – even as boom times likely lie ahead for the economy at large. Get the Full Story Complete...
Citi Treasury and Trade Solutions (TTS) has rolled out Citi Service Insights (CSI), which includes an integration with SWIFT gpi Case Resolution, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top news in digital-first banking, Plaid has raised $425 million via a Series D funding round, while PSCU has expanded its reach in Hawaii. Plus, Brink’s has acquired PAI for $213 million. Get the Full Story Complete the form to unlock this article...
