Amid bank earnings that launched last week, Wells Fargo’s fourth quarter report on Friday (Jan. 13) showed that the company is still grappling with the fraud scandal that has hit customer trust. Get the Full Story Complete the form to unlock this article and enjoy...
In a move within FinTech that spans continents, Rakuten, the eCommerce and investment firm, said Wednesday (Jan. 11) that it is debuting a European commercial banking unit via Luxembourg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A recent report by RBR has found that, in the offsite ATM arena, marked by burgeoning growth, slightly more than half of all ATMs were located away from bank branches as late as 2015, according to the firm’s Global ATM Market and Forecasts to 2021...
Wells Fargo is gearing up to unveil a mobile transaction plan that could enable customers to withdraw cash from ATMs as early as this spring without a debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Wells Fargo said it is putting the final touches on a new compensation plan, as it continues to rebuild its reputation and win back customers in the new year, post-scandal. The Wall Street Journal reported that the plan will replace the old sales goals that put the...
Cash withdrawals set a record on Dec. 23 in the U.K., with Brits withdrawing £730 million from LINK cash machines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A Xiaomi Inc.-backed Chinese online bank is gearing up to launch soon following on the heels of establishing 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....
Turns out, it’s not only big U.S. banks that are charging their customers fees. According to a Pew Charitable Trusts study, small banks are guilty as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Goliath, meet David … the digital version of David in the banking world, that is. The December edition of Digital Banking Tracker™ features an interview with Chris Britt, CEO of Chime, who discusses how mobile-first companies are benefiting from consumer frustrations with traditional banks. Plus,...
