Banking

Banking
Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
May 05, 2025

Citigroup CEO Jane Fraser said Monday that most of the Wall Street bank’s business clients believe they can cope with U.S. tariffs of up to 10% on foreign countries, including China, but that levies any higher would make things difficult. Get the Full Story Complete...

Banking
Santander Sells Bulk of Polish Banking Business for $7.9 Billion
May 05, 2025

Santander is selling a majority of its Polish business to Austrian bank Erste Group. 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...

Banking
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
May 05, 2025

FinTech sponsor banks have had a difficult 18 months. 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
Square Updates Banking Offering to Bolster Business Cash Management
April 30, 2025

Square has debuted banking tools designed to help sellers gain instant access to their funds. 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...

Banking
LendingClub: Mobile App Features Drive Member Engagement and Loan Issuance
April 29, 2025

LendingClub is finding that its mobile app is reducing servicing costs, increasing interaction with members and boosting loan issuance. 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
66% of Zillennials Use Their Phones as Bank Branch
April 29, 2025

A recent report from PYMNTS reveals that zillennials, the demographic cohort straddling the late 20s and early 30s, are a driving force behind the evolution of digital banking, with a unique blend of tech-savviness and reliance on traditional financial institutions. Get the Full Story Complete...

Banking
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary...

Banking
Report: Trump Seeks Reintroduction of Cannabis Banking Bill
April 24, 2025

President Donald Trump is reportedly advocating behind the scenes for a cannabis banking bill like those that have stalled in the Senate in the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Revolut Delivers First $1 Billion Profit as Subscription, Wealth Units Boom
April 24, 2025

Revolut booked its first billion-dollar annual profit in 2024, underscoring how the London-based super-app’s widening menu of wealth, credit and subscription services is translating customer growth into bottom-line results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...