Neobank Starling Bank, based in the United Kingdom, is exploring a “range of expansion options” in the United States, a Starling spokesperson told PYMNTS in a Thursday (June 26) email. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against relatively low-risk assets. Get the Full Story Complete the form to unlock this article and...
Santander Bank has made a deal to sell seven branches in Pennsylvania as it continues its transformation into a national, digital-first bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
On June 20, Nissan North America’s financial services arm, Nissan Motor Acceptance Corp. said it submitted an application with state and federal regulators to form Nissan Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mastercard will begin allowing U.K. banks and financial institutions to access its fifth-generation account-to-account (A2A) instant payments via a sandbox later this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In 2000, USA Today was the most circulated newspaper in the United States. More than 1.6 million copies were printed each day. Over 6.6 million readers picked it up. It sat in every hotel lobby and at every airport gate. It was the newsprint on...
For decades, banking infrastructure meant heavy metal — mainframes, on premises, in-house and legacy systems layered upon legacies. Batch systems and processing, and a set schedule of money movement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
High-income Americans are drowning in debt despite six-figure salaries. LendingClub’s CEO Scott Sanborn believes the solution isn’t more credit — it’s rewarding people for using the money they actually have. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Across more than 10,000 banks and credit unions in the United States, only a small subset has a direct merchant acquiring strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
