Banking

Banking
What’s Next As Scharf Takes The Helm At Wells Fargo
September 27, 2019

And now begins some more heavy lifting. 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 agree...

Banking
Will The SAFE Banking Act Make Life Riskier For Banks?
September 27, 2019

Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized...

Banking
House Passes SAFE Banking Act, Aiming To Give Cannabis Businesses Banking Access
September 26, 2019

The U.S. House of Representatives passed H.R. 1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
UAE Sees First Digital Bank For SMBs
September 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
How To Better Served The Unbanked In Nigeria
September 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. That can be easier said...

Banking
Israel Approves New Digital Bank
September 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Metro Fails To Attract Investors To Bond Issue
September 23, 2019

Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even though it had a high yield, according to a report by Reuters. Get the Full Story Complete the form to...

Banking
Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
September 23, 2019

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. central bank said in a press release on Monday, Sept. 23. Get the Full Story Complete the form to...

Banking
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19). Get the Full Story Complete...