Banking

Banking
Monzo Gets Into Lending
August 15, 2019

Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
SoftBank’s New ‘Operating Group’ Encourages Startup Collaborations
August 14, 2019

In an effort to create a relationship between its portfolio of investors, SoftBank has created an “operating group” within its Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Challenger Banks Raise Record Funds To Take On Traditional FIs
August 13, 2019

Digital challenger banks are hoarding money to take on traditional banking competitors and have raised a total of $2 billion from eager investors, The Financial Times reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
NatWest Tests Use Of Google Assistant To Check Bank Balances
August 12, 2019

British bank NatWest has been testing out Google Assistant compatibility to allow customers to do things like check their balance via voice assistant, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Venmo Offers Instant Transfer To Bank Accounts
August 12, 2019

Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug. 12). “Having money in your Venmo account is an awesome feeling — it makes paying friends and family that much...

Banking
Monzo Security Flaw Affects 500K Customers
August 05, 2019

Monzo, one of the world’s largest digital banks, discovered a security flaw and is now asking half-million of its customers to change their personal identification numbers (PINs), TechCrunch reported on Monday (Aug. 5). Get the Full Story Complete the form to unlock this article and...

Banking
UK’s B-North To Launch SMB-Only Banks Next Year
August 05, 2019

B-North has announced plans to open a network of small-business-only bank offices throughout the U.K. by the end of next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Big Banks Don’t Want Fed’s Real Time Payments Rails
August 04, 2019

Big banks aren’t happy with the Federal Reserve’s plan to update its payments system that would allow for almost instant transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Singapore’s OCBC Bank Customers Can Use QR Codes At ATMs
July 31, 2019

In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at any of its 655 ATMs, the company said in a press release on Wednesday (July 31). Get the Full Story...