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In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. In a congressional hearing on the proposed merger of SunTrust and BB&T,...
High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Big Tech vs. big banks. Battling. 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...
Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 million) in a funding round and is now valued at £530 million ($660 million), according to a report by TechCrunch. Get the Full Story Complete the form to unlock this...
RHB in Malaysia is introducing fraud protection cards with mini screens on the back that auto-generate new card verification value (CVV) numbers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Anti-money-laundering compliance controls have impacted Nordic banks’ bottom lines. 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,...
SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the quarterly numbers, management said the company is satisfied with the movement toward a planned merger with BB&T Corp. Get the...
Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
