Banking

Banking
Wipro Launches Open Banking API Platform
November 08, 2016

Wipro, the information technology, consulting and business process services company, announced Monday (Nov. 7) it launched its Open Banking API platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Compliance Costs Kill Banks’ Budget For Innovation
November 08, 2016

It’s getting hard out there for a tech vendor — particularly those that sell to banks. Banks are cutting costs these days — hit by high compliance costs and an interest rate that the Fed keeps delaying raising — and those costs are hitting vendors like DH Corp., Fiserv Inc....

Banking
Wells Fargo Litigation Reserves Nearing $2B
November 04, 2016

Wells Fargo disclosed Thursday (Nov. 3) it is raising the amount of money it set aside for legal fees due to the fake account scandal and added the Securities and Exchange Commission to the growing list of regulators that are looking into its sales practices....

Banking
Virgin Money Inks Deal To Build New Digital Core
November 01, 2016

The U.K.-based financial services provider has signed on with 10x Future Technologies, the FinTech startup established by former Barclays Chief Antony Jenkins, to help boost its digital capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Wells Fargo’s Latest Legal Settlement
November 01, 2016

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that it allegedly overcharged hundreds of thousands of homeowners for appraisals of their homes. Get the Full Story Complete the form...

Banking
Senators Want To Know Why KPMG Didn’t Catch Wells Fargo Fake Accounts
October 31, 2016

Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. Get the Full Story Complete the form to unlock this...

Banking
Chase Ranks High For Small Business Satisfaction In J.D. Power Study
October 28, 2016

Chase announced Thursday (Oct. 27) it ranked highest in customer satisfaction among small business owners in the South and West regions, according to the 2016 J.D. Power study released today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
PYMNTS Daily Data Dive: Wells Fargo Mobile Downloads Suffer
October 26, 2016

The Wells Fargo fake account scandal continues to have some far reaching impacts. 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...

Banking
Deposit Solutions Surpasses €1 Billion In Savings Deposits
October 26, 2016

Deposit Solutions, the European FinTech company, announced Tuesday (Oct. 25) it has surpassed €1 billion in savings deposits transmitted via the company’s consumer-facing site, ZINSPILOT, as the business prepares for further expansion in Europe in 2017. Get the Full Story Complete the form to unlock...