Banking

Banking
Biggest Banks Cut 20,000 Jobs Amid High Interest Rates
October 19, 2023

Staffing levels at some of America’s biggest banks are reportedly getting smaller. 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
Bank of America Says Zelle Transactions Climb 27% Year Over Year
October 17, 2023

Bank of America’s earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done
October 16, 2023

There’s the ambition, and then there’s the reality. 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...

Banking
Big Banks Weigh Better Rates for Depositors
October 15, 2023

America’s largest banks say their profits from high interest rates could soon take a hit. 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,...

Banking
JPMorgan: Treasurers Embrace ‘Digital as a Culture’ Amid Market Disruptions
October 12, 2023

For corporate treasurers, there’s the planning — and then there are the curveballs, the unexpected events that put liquidity and cash flow management to extreme tests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Sopra Banking Software Launches AI-Enabled Core Banking System
October 10, 2023

Sopra Banking Software (SBS) has launched its artificial intelligence (AI)-enabled core banking system, the SBP Core Platform. 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
Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
October 09, 2023

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Metro Bank Secures $1.1 Billion From Investors
October 08, 2023

England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. 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....