The increased prominence of digital banking and FinTechs could lead to a serious financial crisis, Michael Hsu, the acting U.S. Comptroller of the Currency, said Wednesday (Sept. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Revolut is pulling job offers extended to new graduates as the challenger bank continues auditing its operations and picking through the numbers as part of an in-house review codenamed “Project Prism.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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Switzerland’s first digital private bank Alpian is partnering with Visa to offer a premier metal debit card across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
At the end of August, the Dutch banking group ING announced that it would be phasing out its open banking platform Yolt, citing a “rapidly evolving and changing market” as the main factor behind the decision. Get the Full Story Complete the form to unlock...
Open Banking Europe announced Monday (Sept. 5) that it has merged with its international division, Open Banking Exchange, to form a single global organization called OBE. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters wrote Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Revolut is being pressured to improve its internal controls for financial reporting, after the U.K.’s Financial Reporting Council said the FinTech’s audits were flawed and had a high risk of “misstatement,” the Financial Times reported Monday (Sept. 5). Get the Full Story Complete the form to...
The United Kingdom’s Competition and Markets Authority (CMA) this week announced that it has directed NatWest to issue refunds after it was found to have breached banking rules that forbid “bundling.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
