Customers Bank news and trends

Fed Action Against Customers Bank Underscores Crypto’s Challenges
Cryptocurrency // August 12, 2024

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. 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,...

Fed Enforcements Now Focus on Instant Payments and Tokens
Bank Regulation // August 09, 2024

A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges inherent in handling digital assets — and faster payments, too. Get the Full Story Complete the form to unlock this...

Today in FinTech: iPhone Payment Terminal Rumors True
Payment Methods // February 08, 2022

In FinTech news today, big investments gave small firms supersized valuations and even birthed a happy new unicorn following Happy Money’s latest funding round. GoCardless bagged $312 million and HubPay notched $20 million in its first funding post-seed. Get the Full Story Complete the form...

FinTech Customers Bank Launches Financial Institutions Banking Group
Banking // February 08, 2022

Digital FinTech Customers Bank on Tuesday (Feb. 8) announced the launch of a financial institutions group (FIG), which will serve securities broker dealers, future commissions merchants, market makers, liquidity providers, insurance companies, trust companies and financial institutions. Get the Full Story Complete the form to...

Interviews & Exclusives
Fed Action Against Customers Bank Underscores Crypto’s Challenges

August 12, 2024
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. 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 to receive […]

Fed Enforcements Now Focus on Instant Payments and Tokens

August 09, 2024
A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges inherent in handling digital assets...

Quick Reads
Customers Bank Taps OpenAI to Reengineer Commercial Banking Operations

April 27, 2026
Pennsylvania-headquartered Customers Bank plans to deploy artificial intelligence (AI) across its commercial banking operations in a new multiyear strategic collaboration with OpenAI. 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 […]

FinTech Customers Bank Launches Financial Institutions Banking Group

February 08, 2022
Digital FinTech Customers Bank on Tuesday (Feb. 8) announced the launch of a financial institutions group (FIG), which will serve securities broker dealers, future commissions merchants, market makers, liquidity providers,...

Customers Bank, Tassat Debut TassatPay Instant Payments

October 19, 2021
Customers Bank, the multi-billion-dollar subsidiary of Customers Bancorp, Inc., and blockchain-based digital payment provider Tassat Group Inc. on Tuesday (Oct. 19) announced the debut of a real-time payments platform for...