When it comes to long-term consumer relationships, few businesses can top banks. They tend to keep ties with consumers over decades — and, sometimes, those ties can last generations for families. At the same time, financial institutions (FIs) typically know much less about their customers...
Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. Get the Full Story Complete the form to...
U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. 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...
SecureKey Technologies Inc., an identity and authentication provider, has announced that its Verified.Me digital ID system is now available at five Canadian banks in a mobile app, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...
Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced. Get the Full Story Complete the form to unlock...
FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. Last week Robinhood, the company behind the free mobile trading app, filed an application to...
Moody’s Investors Service has released its Q1 report on consumer loans and their performances for the biggest U.S. retail banks. The loans includes auto, credit cards and mortgages, according to a release by the company. Get the Full Story Complete the form to unlock this...
Sweden’s oldest bank is facing investigations in the United States as it has acknowledged it hasn’t done enough to prevent money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Mastercard and BMO Bank of Montreal announced Wednesday (April 24) that BMO is implementing Mastercard Send in an effort to deliver faster, cheaper and transparent international payment services in Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
