Correspondent banking startup TenureX is partnering with technology management and integration firm TM Group in a move to democratize correspondent banking in the Nordics region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Choice and optionality are wonderful, but in some cases, consumers prefer dealing with one financial institution (FI) for more of their needs in order to simplify account management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In banking, simplicity rules, and financial institutions (FIs) must simplify and consolidate what’s on offer to consumers — lest they lose nearly half of their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Joining many other banks that have eliminated some fees in recent months, PNC Bank has announced that it will no longer charge non-sufficient fund (NSF) fees to any consumer deposit account customers. Get the Full Story Complete the form to unlock this article and enjoy...
Amid rapid digitization that led to a skills gap along with labor shifts stemming from the pandemic, the U.K. financial sector is experiencing its highest level of job vacancy rates on record. Get the Full Story Complete the form to unlock this article and enjoy...
This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s Airbank teamed up with Klarna Kosma to secure access to account information from 15,000 banks in 26 countries. Get the...
Consumers have a variety of reasons for obtaining credit cards from their primary banks or other issuers, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S. consumers. Get the Full Story Complete the form to unlock this...
Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...