Circle Internet Group has applied for a national trust charter, aiming to establish a national trust bank called First National Digital Currency Bank, N.A. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Last week, news came that Meta was moving toward obtaining $29 billion from private equity firms to help finance artificial intelligence (AI) data centers, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The digital age demands banks find new ways to ascertain at the point of onboarding that customers, whether enterprise clients or individuals, are who they say they are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Klarna is increasing its digital banking efforts as it prepares to go public again. 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...
Banco Sabadell is reportedly considering selling its U.K. unit, TSB, to Banco Santander or Barclays to avoid a hostile takeover by BBVA. 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...
Neobank Starling Bank, based in the United Kingdom, is exploring a “range of expansion options” in the United States, a Starling spokesperson told PYMNTS in a Thursday (June 26) email. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against relatively low-risk assets. Get the Full Story Complete the form to unlock this article and...
Santander Bank has made a deal to sell seven branches in Pennsylvania as it continues its transformation into a national, digital-first bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
On June 20, Nissan North America’s financial services arm, Nissan Motor Acceptance Corp. said it submitted an application with state and federal regulators to form Nissan Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
