Banking

Goldman Sachs Reports $1.2B Loss on Consumer Platforms in 9 Months
Banking
Goldman Sachs Reports $1.2B Loss on Consumer Platforms in 9 Months
January 13, 2023

Goldman Sachs’ credit card and installment lending business lost $1.2 billion during the first three quarters of 2022. 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...

Community Banks Give Small Businesses Big Business Tools to Run Their Business
Banking
Community Banks Give Small Businesses Big Business Tools to Run Their Business
January 13, 2023

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 marketing communications from PYMNTS and...

Thailand Warns Virtual Banks About ‘Irresponsible Lending’ as It Approves Them
Banking
Thailand Warns Virtual Banks About ‘Irresponsible Lending’ as It Approves Them
January 12, 2023

Thailand has approved virtual banking, while warning against “irresponsible lending.” 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...

The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
Banking
The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
January 12, 2023

Starting tomorrow, Wall Street will focus on how banks view inflation, the stock market and bond trading. 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...

Empty ‘Ghost Banks’ Are Costly Side Effect Digital Transformation
Banking
Empty ‘Ghost Banks’ Are Costly Side Effect Digital Transformation
January 12, 2023

Empty bank branches dotting Argentina are visually underscoring the nation’s transition to digital banking. 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...

Mastercard: How Banking as a Service Will Scale in 2023 and Beyond 
Banking
Mastercard: How Banking as a Service Will Scale in 2023 and Beyond 
January 12, 2023

“Banking as a service, and embedded finance, taken together — they just represent where the world is going.” 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...

Millennial-Targeted BNPL May Help Digital Banks Retain Customers
Banking
Millennial-Targeted BNPL May Help Digital Banks Retain Customers
January 11, 2023

Bank-backed BNPL may be a hook for digital-only institutions to lure millennials away from more traditional mainstays. 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...

New Lab Paves Way for Saudi Arabia’s Open Banking Launch
Banking
New Lab Paves Way for Saudi Arabia’s Open Banking Launch
January 11, 2023

The Kingdom of Saudi Arabia has launched an Open Banking Lab for banks and FinTechs. 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,...

Wells Fargo Narrows Focus of Home Lending Business
Banking
Wells Fargo Narrows Focus of Home Lending Business
January 11, 2023

Wells Fargo is shrinking and simplifying its home lending business. 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...