Global Banks news and trends

Study: FIs Must Be Stronger To Prepare For Economic Slump
Banking // October 22, 2019

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

EU’s Transfer Service Takes Aim At PayPal
International // November 30, 2018

The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other payment tech giants, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Moving Banks, Big And Small, To Real-Time Payments
International // May 04, 2016

Several nations around the globe have been fine-tuning, or readying, faster payments initiatives to bring speed and security to fund flows. Tom Hay, head of payments at Icon Solutions, explains how real-time payments mark the latest generation of, and technical challenge to, financial firms.

Quick Reads
Matera Launches Digital Twin for Handling Real-Time Transactions

September 05, 2023
Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for various financial accounts. 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 […]

Study: FIs Must Be Stronger To Prepare For Economic Slump

October 22, 2019
McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct. 21). Get the Full Story...

EU’s Transfer Service Takes Aim At PayPal

November 30, 2018
The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other payment tech giants, according to...