Banking

Banking
Capital One To Focus On Digital, Close 37 Locations
February 28, 2020

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., according to a report by Yahoo Finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Challenger Bank Aion Launches In Belgium With Subscription Model
February 28, 2020

New subscription-only bank Aion is launching in Belgium, and it wants customers to be able to get the most out of their money, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
BBVA’s Four-Step Guide To Digital-First Transformations
February 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Many banks are embracing digital-first technologies to stay competitive, leveraging tools...

Banking
EU Bank License To Boost Banking Circle Expansion
February 27, 2020

Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance du Secteur Financier (CSSF) granted the license. The company has been making a name for itself in financial work over the last several years. Now, it can give access to real-time payments for...

Banking
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back its expansion efforts and moving away from lending for mortgages, according to a report by the Financial Times. Get the...

Banking
UK FinTech B-Social Notches Extra £7.8M Before Rebranding
February 26, 2020

The London-based FinTech B-Social raised £7.8 million in seed funding as it prepares to rebrand as Kroo and become a full-fledged bank, reports said on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
JPMC CEO: Bank Plans FinTech, Other ‘Very Creative’ Acquisitions
February 26, 2020

Billions of dollars in earnings.  Billions of dollars in the bank. 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...

Banking
Challenger Bank Battle In Full Swing In UK
February 25, 2020

In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Digital Banking Apps Vs The Establishment
February 25, 2020

Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions whose roots go deep, but may also seem a bit dazed by the pace of...