European Banks news and trends

European Lenders Announce 60K Job Cuts
International // December 08, 2019

European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

In Europe, Banks Trial SWIFT Instant gpi Payments
B2B Payments // May 30, 2019

A group of banks in Europe said they are trialing SWIFT instant gpi cross-border payments. Elsewhere, Square has launched a payment processing service for CBD firms.

European Banks Trial SWIFT’s Instant gpi
Faster Payments // May 21, 2019

SWIFT announced Tuesday (May 21) that a group of banks are trialing instant gpi cross-border payments in Europe via the TARGET Instant Payments Settlement platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
Security & Fraud // November 19, 2018

Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to process as much as $150 billion in suspicious payments, and noted that two U.S.-based lenders were involved. Get the Full...

Quick Reads
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks

February 12, 2024
Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. 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 […]

European Lenders Announce 60K Job Cuts

December 08, 2019
European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Get the Full Story Complete the...

European Banks Trial SWIFT’s Instant gpi

May 21, 2019
SWIFT announced Tuesday (May 21) that a group of banks are trialing instant gpi cross-border payments in Europe via the TARGET Instant Payments Settlement platform. Get the Full Story Complete...

Danske Bank Whistleblower Implicates Major EU Bank, US Lenders

November 19, 2018
Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to process as much as $150...