Santander says the Federal Reserve has approved its acquisition of Webster Bank. The $12 billion deal for the Connecticut-based Webster is now expected to close...
Watch more: Need to Know With Quantifind’s Ari Tuchman An atomic physicist goes looking for the molecule that can reveal a buried land mine before...
Wells Fargo reportedly hopes to launch tokenized deposits for corporate/commercial customers. That’s according to a report Tuesday (Aug. 4) from the Wall Street Journal (WSJ), which calls the...
Programmable money movement firm Dakota is seeking a national trust bank charter, according to a Tuesday (Aug. 4) message to customers. A charter from the...
FIS management spent much of Tuesday morning (Aug. 4) talking about banking, issuing and payments growth. Although the company’s Banking Solutions business continued to outperform...
Instant payments are no longer simply a payments product. They are becoming commercial banking infrastructure. That’s the case for financial institutions and their clients who...
Watch more: Need to Know With Bretton AI’s Will Lawrence Every artificial intelligence (AI) tool a bank adds to solve one risk problem gives it...
Banking-as-a-service has traditionally had sponsor banks for doing everything themselves: issuing accounts, holding deposits, processing payments and financing lending. But latest earnings from two sponsor-bank...