Puerto Rico’s FV Bank has launched a service for account holders that lets them instantly convert Circle’s USD Coin into U.S. dollars upon deposit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. 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...
Goldman Sachs is bringing Transaction Banking (TxB) to Frankfurt, Germany, before heading to Amsterdam, as the U.S. banker expands into the European Union with its global transaction banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the Currency (OCC) as the financial services firm relocates its headquarters from Wilmington, Delaware to Sioux Falls, South Dakota. Get the...
Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent — a process known as open banking — is still in its early days in the Middle East and North Africa...
Verity, a FinTech which works to help younger people earn, save and spend responsibly, has rolled out a new family banking and financial literacy app for the Middle East and North Africa (MENA) region, according to a Monday (Sept. 19) press release. Get the Full...
The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer protection and compliance issues, enforcement actions and recidivism, and trends and developments in the industry. Get the Full Story Complete...
WayaPay, which describes itself as a Kenyan FinTech based in the United States, says it has launched its full-service digital bank and money-transfer app tailored to the needs of immigrants from Africa. Get the Full Story Complete the form to unlock this article and enjoy...
