Banking

Banking
High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
July 24, 2019

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  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
Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech
July 24, 2019

Big Tech vs. big banks. Battling. 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 to...

Banking
Disruptor UK Bank Atom Raises £50M
July 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 million) in a funding round and is now valued at £530 million ($660 million), according to a report by TechCrunch. Get the Full Story Complete the form to unlock this...

Banking
RHB Bank Launches Dynamic CVV Codes To Fight Card Fraud
July 22, 2019

RHB in Malaysia is introducing fraud protection cards with mini screens on the back that auto-generate new card verification value (CVV) numbers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
AML Expenses Eat Into Nordic Lenders’ Profits
July 21, 2019

Anti-money-laundering compliance controls have impacted Nordic banks’ bottom lines. 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,...

Banking
SunTrust Experiences Overall ‘Solid’ Q2 Amid Planned BB&T Merger
July 18, 2019

SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the quarterly numbers, management said the company is satisfied with the movement toward a planned merger with BB&T Corp. Get the...

Banking
Peter Thiel-Backed German Online Bank N26 Worth $3.5B
July 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Bank Innovation That Heeds The Needs Of The ‘Digital Native’
July 18, 2019

In financial services, there is a big gap between recognizing the need for innovation and actually innovating. Joe DeRosa, executive vice president at i2c, explains why firms must eye the ‘digital native’ when bringing new payments services to market — and be courageous when doing...

Banking
Google Pay Adds Support For 26 New Banks This Month
July 17, 2019

Google Pay has added support for 13 new  banks in July, bringing the total number of banks added this month to 26, according to reports. Google has been adding banks at a rate of about every other week. Get the Full Story Complete the form...