Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Consumers want control — everybody seems to know that. 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,...
Saga, a financial company geared to individuals over 50, has teamed up with Goldman Sachs consumer bank Marcus to offer two new savings accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Reserve Bank of India is trying to reassure savers that all is well after a recent crisis involving Punjab and Maharashtra Co-operative Bank (PMC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. banks will slash over 200,000 jobs. Veteran Wall Street Analyst Mike Mayo noted that...
After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that in 2018, its losses doubled as a consequence of its aggressive push for global reach. The firm officially recorded a net loss of £32.8 million...
Challenger banks in the U.K. are having a hard time competing with the country’s big four financial 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...
Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The Wall Street Journal reported Saturday (Sept. 28). Get the Full Story Complete the form to unlock this article and enjoy...
