Banking

Banking
Building A Challenger Bank That Actually Challenges Traditional Banking
November 06, 2019

There are several reasons why consumers might complain about the services provided by their traditional banks. Perhaps the worst, HM Bradley CEO Zach Bruhnke told Karen Webster in a recent conversation, is when one gets the feeling that their bank isn’t all that interested in...

Banking
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs
October 29, 2019

Marqeta, a card issuing platform, has introduced a new service called Marqeta Reserve Financing, which is designed to help businesses incorporate a reserve financing option into their workflow, according to a release. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
October 29, 2019

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Banking
Russia’s Sberbank To Acquire Part Of Mail.ru Internet Firm
October 29, 2019

Russia’s Sberbank, which is trying to become more digitally inclined as a financial institution, said it is buying Gazprombank’s holding stake in Mail.ru, a Russian internet company, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Why The Time Is Right For Banks To Tap Into Integrated Receivables
October 25, 2019

FinTech firms are delivering technology solutions to banks that can help them maintain their customer relationships — and generate income. As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. DadeSystems CMO Tom Berdan told PYMNTS...

Banking
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line to become the chief executive officer (CEO), The Financial Times reported on Thursday (Oct. 24). Get the Full Story Complete...

Banking
What The World Can Learn From New Zealand FinTech
October 25, 2019

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out...

Banking
Barclays Will Allow Customers To Continue PO Cash Withdrawals
October 24, 2019

Barclays revealed that it will not withdraw from a partnership that allowed customers to withdraw cash at branches of the U.K. Post Office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...