Banking

Banking
IBM To Bring Blockchain-Based Services To CUs
March 11, 2019

CULedger, a credit union service organization, has inked a partnership with IBM to create blockchain services geared toward credit unions. 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
JPMorgan To Combine Middle-Market Tech, Emerging Growth Banking Units
March 11, 2019

JPMorgan Chase & Co is melding its middle-market technology and emerging growth commercial banking units to better deal with startups that become large companies at a fast pace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Deutsche Bank, Commerzbank Ramp Up Merger Talks
March 10, 2019

Deutsche Bank and Commerzbank seem to be getting closer to a merger as informal talks between the two are heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
ECB Looks To Ramp Up Bank Lending
March 07, 2019

Generally speaking, central banks hike rates when economic growth threatens to overheat, when inflation threatens to drive up the cost of living beyond desirability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Ant Financial Launches Banking As A Service Platform
March 07, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at 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...

Banking
Swedbank CEO ‘Humble’ After Laundering Claims
March 06, 2019

Swedbank’s CEO has admitted to making some mistakes when handling money laundering allegations against the bank. 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...

Banking
JPMorgan Pulls Out Of Private Prison Industry
March 05, 2019

JPMorgan, the biggest bank in the United States by assets, has announced it will no longer finance the private prison industry, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Barclays Combining Pingit, BPay To Compete With Apple
March 05, 2019

Barclays Bank is going to merge its two payment apps into one, in an attempt to be more competitive in the payments field, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Wells Fargo Reaches $240M Settlement For Fake Accounts
March 01, 2019

Wells Fargo has reached a $240 million settlement with U.S. shareholders over the scandal involving its bank employees opening up millions of unauthorized customer accounts. According to Reuters, the settlement by the bank’s executives and directors was filed on Thursday (Feb. 28) with the federal court...