Banking

Banking
NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential
August 07, 2024

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report. Get the Full Story Complete the form...

Banking
MoneyLion Continues to Play Winning Hand With Middle-Income Americans
August 07, 2024

The MoneyLion business model pivot continues. A year after posting substantial losses as a neobank, the financial services portal rode its new business model to a second straight profitable quarter as it announced its Q2 earnings Tuesday (Aug. 6). Get the Full Story Complete the...

Banking
Zafin and 10x Partner to Facilitate Core Banking System Modernization
August 06, 2024

Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. 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...

Banking
UK Neobank Monzo Customer Count Exceeds 10 Million
August 06, 2024

British digital bank Monzo says it has more than 10 million personal customers.  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....

Banking
FIS Adds Curinos’ Deposit Optimizing Tools to Core Banking Platforms
August 05, 2024

FIS has teamed with Curinos to help financial institutions optimize their deposit growth. 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....

Banking
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
August 05, 2024

The banking industry is experiencing a seismic shift as agile, digital-native FinTechs capture an ever-growing share of the market. Burdened by outdated technology, traditional financial institutions face mounting challenges in delivering modern digital services. The growing dominance of FinTechs — securing nearly half of all...

Banking
SVB’s Ex-Owner Ends Bankruptcy Amid FDIC Litigation
August 04, 2024

Silicon Valley Bank’s former owner has gotten a judge’s permission to end its bankruptcy. 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
British Banks Cut Costs as Interest Rates Begin to Decline
August 02, 2024

The largest banks in the United Kingdom are reportedly cutting costs to protect profits as interest rates begin to decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
July 31, 2024

Citigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions. 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...