In today’s top news in digital-first banking, Blend Labs, Inc. launched its initial public offering (IPO), while the People’s Bank of China (PBOC) is examining use of the digital yuan for cross-border payments. Plus, United Community Banks and Reliant Bancorp are merging in a $517 million...
Toronto-Dominion Bank (TD) was hit by digital outages linked to a service provider issue that impacted U.S. customers and employees only, according to a Reuters report Thursday (July 15). Customers also said on Twitter that there were direct deposit delays, but the Canadian bank tweeted...
In today’s top news in digital-first banking, Revolut notched $800 million at a $33 billion valuation, while Transcard launched a Smart Disburse product for companies, banks and FinTechs. Plus, the European Central Bank (ECB) has started the investigation phase of its digital euro program. Get...
In today’s top news in digital-first banking, Railsbank notched $70 million as it keeps growing its FinTech-as-a-Service platform on an international scale, while N26 is reportedly in fundraising talks that would value the firm at between $8 billion and $11 billion. Plus, FinTech Propel launched...
Citi Treasury and Trade Solutions (TTS) Latin America has rolled out its Citi Digital Account to help institutional clients digitize their banking experiences, eliminating the need for wet-signed signature cards, checkbooks or manual transactions, according to a press release. Get the Full Story Complete the...
In today’s top news in digital-first banking, Better will be purchasing Trussle, while Carol Grunberg has been named head of Strategic Partnerships and Innovation for Citi’s treasury and trade solutions (TTS) unit in its Institutional Clients Group. Plus, Computer Services Inc. (CSI) launched its CSI...
It will be a big week for bank earnings data as JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and U.S. Bancorp will all be releasing their Q2 earnings reports. And, according to reports, expectations are high for a bottom-line bounce. While this...
The dog days of summer are here, and with them, earnings season heats up. 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...
In today’s top news in digital-first banking, U.S. consumers seem to be regaining their appetite for auto loans and leases, while SWIFT rolled out a service that lets banks check a recipient’s account information prepayment. Plus, the Visa U.S. Spending Momentum Index (SMI) registered a June...
