Banking

Banking
Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch...
September 23, 2020

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Plus, Mesh Payments has launched a cardless payment offering that makes recurring and...

Banking
Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking
September 23, 2020

Volante Technologies Inc., the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments platform for the bank’s digital transaction service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Compliance In The Clouds: How The Pandemic Is Affecting Banks’ Cloud-Native Futures
September 23, 2020

Banks must adhere to shifting payments and data-privacy regulations as more consumers go digital. In the latest Digital Banks And The Power Of The Cloud Tracker, Rudolf Schmidt, chief technology officer for German challenger bank Fidor, explains how harnessing the cloud can help banks quickly...

Banking
Today In Digital-First Banking: Paya To Buy The Payment Group; Purdue Federal Credit Union Taps...
September 22, 2020

In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Plus, Onyx CenterSource has launched a virtual card...

Banking
Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints
September 22, 2020

Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. These are just some of the financial institutions that are reducing their brick-and-mortar footprints: Get the Full Story Complete the form to unlock this article and...

Banking
Fidor: How Cloud-Based Banking Helps With Compliance
September 22, 2020

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
US Banks Keep Expectations Low Amid Tepid Interest Rates
September 20, 2020

U.S. banks aren’t fooling themselves — they’re likely in for a long stretch of low interest rates putting a burden on their profits, the Financial Times (FT) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
September 18, 2020

On a day that saw a stock market rout – particularly on the tech-heavy Nasdq, which was down 1 percent – in at least some areas of finance, investors remain sanguine. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
September 18, 2020

In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going public. Plus, EVO Payments Inc. has rolled out EVO Express Deposit push payments technology. Get the Full Story Complete the...