Banking

Banking
Technisys Adds New Tools to Help Banks Speed Digital Transformation
August 10, 2022

Saying financial institutions (FIs) need to future-proof their businesses, digital and core banking platform Technisys has announced the latest release of its solution that helps retail and commercial banks accelerate their digital transformation. Get the Full Story Complete the form to unlock this article and...

Banking
Job Vacancies in UK Financial Sector Highest on Record
August 10, 2022

Amid rapid digitization that led to a skills gap along with labor shifts stemming from the pandemic, the U.K. financial sector is experiencing its highest level of job vacancy rates on record. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Scotiabank Launches Scotia TranXact™
August 09, 2022

Canada’s Scotiabank has debuted a new digital payments platform for business banking clients, which it has titled Scotia TranXactTM, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Process Orchestration Helps Legacy Banks Take Giant Digital Leap
August 09, 2022

Never has the idea of “legacy” taken such a pasting as during the pandemic’s digital shift, but banking is a legacy business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Open Banking Weekly: Europe Makes Strides in Open Payments
August 05, 2022

This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s Airbank teamed up with Klarna Kosma to secure access to account information from 15,000 banks in 26 countries. Get the...

Banking
45% of US Consumers Want Banking Bundles
August 02, 2022

Consumers have a variety of reasons for obtaining credit cards from their primary banks or other issuers, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S. consumers. Get the Full Story Complete the form to unlock this...

Banking
TD Bank Reportedly Close to $1B Deal for Investment Bank Cowen
August 01, 2022

Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Tandem Bank Joins Raisin UK Savings Marketplace
August 01, 2022

Digital bank Tandem announced in a statement Monday (Aug. 1) that it has joined the Raisin UK online savings marketplace, providing U.K. customers with access to its range of fixed-term savings products. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
July 31, 2022

The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....