Banking

Banking
FirstBank Picks Current Collaborator Jack Henry For Digital Upgrades
August 11, 2021

Community financial institution FirstBank is expanding its partnership with technology solutions provider Jack Henry & Associates to digitize workflows and standardize the lending process for an improved user experience for borrowers and lenders. Get the Full Story Complete the form to unlock this article and...

Banking
TIPS System Glitch Stalls European Banks
August 10, 2021

A glitch in the European Central Bank’s payment system late Monday (Aug. 9) left several EU financial institutions stranded during the vital hours near the close of business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
JPMorgan: A Digital Strategy Without A Data Strategy Is No Strategy
August 10, 2021

These are busy days for Lisa Davis, managing director, head of digital channels at J.P. Morgan Chase. 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...

Banking
USDC Creator Circle Seeks Full-Reserve National Commercial Bank Status
August 09, 2021

On the verge of going public, USD Coin (USDC) creator Circle is seeking status as a national digital currency bank, which would operate under the oversight, rules and guidance of the Federal Reserve, U.S. Treasury, Office of the Comptroller of the Currency (OCC) and the...

Banking
API Links FinTechs To Fed Payment Rails
August 09, 2021

If done right, the expansion into high value, real-time B2B payments will be a “huge game changer,” Reserve Trust CEO Dave Wright told PYMNTS, pointing to the multi-trillion dollar opportunity that exists to digitize, modernize and democratize this largely untapped slice of the market. Get...

Banking
S.Korean Digital Bank Kakao Soars To Biggest Lender In Epic Trading Debut
August 06, 2021

Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m. in Seoul on Friday (Aug. 6), according to multiple media reports. Get the Full Story Complete the form to unlock...

Banking
FI Payments Modernization Requires Pushing The New While Supporting The Old
August 06, 2021

The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Bank Of America: Almost 48M Checks Deposited Digitally In Q2
August 05, 2021

The days of in-person interactions with bank tellers may be becoming a thing of the past as customers overwhelmingly opt for digital experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Untapped Business Credit + Banks’ Cash Pile Trigger Spending Hope
August 05, 2021

Some of the country’s biggest financial institutions are sitting on a pile of cash and untapped credit, with JPMorgan and Bank of America holding close to $1 trillion in credit commitments, The Wall Street Journal (WSJ) reported on Wednesday (Aug. 4). Get the Full Story...