Banking

Banking
Microservices Are at the Core of Core Banking’s Appeal
June 20, 2024

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up embedded payments, instant payments and lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
June 19, 2024

Starling Bank is reportedly taking several debtors to court amid a U.K. financial watchdog’s investigation. 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
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers, a capital lifeline to sustain operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Prometeo Launches Bank Account Validation Offering for US Market
June 18, 2024

Latin American FinTech Prometeo has launched its Bank Account Validation (BAV) offering for the U.S. market. 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
Citi Gives New International Money Movement Division a Day in Spotlight
June 17, 2024

Citigroup is reportedly putting its services business at the forefront of its upgrade project, highlighting how the global movement of money can enhance profitability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
QED Investors’ Gerety Says BaaS Model May Be Stronger Without Synapse
June 17, 2024

The Synapse bankruptcy saga continues to rock the BaaS world, marked by last week’s revelation of $85 million in missing funds. The plot thickened last week when former CEO Sankaet Pathak disclosed in bankruptcy court that funds were commingled, leaving the task of determining rightful...

Banking
Goldman Plans to Double Down on Loans to Super-Rich Clients
June 13, 2024

Goldman Sachs reportedly wants to double its lending to its most affluent 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...

Banking
New Zealand Probes Lack of Banking Competition
June 12, 2024

New Zealand is reportedly examining competition in the banking sector. 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...

Banking
BNY Mellon Rebrands as BNY
June 11, 2024

Say goodbye to BNY Mellon and hello to BNY. 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 agree...