Banking

Banking
Report: Banks Took in $1 Trillion From High Interest Rates
September 22, 2024

American banks banked $1 trillion thanks to a recent stretch of high interest rates. 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...

Banking
PNC and Plaid Partner on Secure Sharing of Banking Data
September 20, 2024

PNC Financial Services Group and Plaid have partnered to allow the bank’s customers to more securely share their data with third-party financial apps and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Report: JPMorgan Chase Trials UK Credit Card on Mobile App
September 20, 2024

JPMorgan Chase is reportedly testing a credit card product in the United Kingdom. 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....

Banking
Deutsche Bank to Close About 50 Branches, Expand Video Capacity
September 18, 2024

Deutsche Bank will close a “mid-double-digit number” of smaller branches in Germany while adding new formats and technologies. 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...

Banking
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. 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...

Banking
German Central Bank: Mergers Must Yield ‘Robust’ Competition
September 18, 2024

The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. 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...

Banking
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024

America’s largest bank is increasing its expansion efforts outside the U.S. 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...

Banking
FDIC’s New Merger Guidelines Heighten Focus on Bank Sector’s ‘Stability’
September 17, 2024

For the banks, the urge to merge may get held up by regulators — who’d formerly been using decades-old guidelines by which to judge the merits of those deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Wells Fargo Debuts Specialized APIs for Commercial Banking Clients
September 17, 2024

Wells Fargo has introduced specialized application programming interfaces (APIs) tailored for its commercial banking clients. 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...