Banking

Banking
Chime to Add Earned Wage Access Offering to Banking App
May 15, 2024

Chime will soon add an earned wage access offering called MyPay to its banking app. 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
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
May 14, 2024

Testimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill hearing on bank oversight took note of the resilience of the banking industry in the wake of the Silicon Valley Bank (SVB) collapse of last year. Get...

Banking
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
May 14, 2024

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
MoneyLion: On a Mission to Become the Expedia of Financial Services
May 13, 2024

It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company was a neobank struggling under a $9 million loss for Q1 2023. Fast forward a year and the data-driven financial...

Banking
Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue
May 08, 2024

Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. 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
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024

The U.S. financial system is exploring the use of shared ledger technology for multi-asset 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,...

Banking
Nubank Marks 100 Million-Plus Digital Banking Customers
May 08, 2024

Brazilian digital bank Nubank now has more than 100 million 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. By completing this form,...

Banking
KeyBank Launches Virtual Account Management Solution for Treasury Clients
May 07, 2024

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. 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
FIS Targets $200 Billion Addressable Market in Global Money Movement
May 07, 2024

At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...