Banking

Banking
Russian Banks Say They Can Weather Sanctions
February 25, 2022

Russia’s sanctioned banks said Friday (Feb. 25) that they have enough liquidity to meet client demand and are working to make it through the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Santander Speeds up Digital Move, Shifts Corporate Structure
February 24, 2022

Santander Bank is streamlining its executive structure and boosting its efforts in the digital space, the Madrid, Spain, institution announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Citi to Eliminate Overdraft Fees
February 24, 2022

Citi will eliminate fees on overdrafts, overdraft protection and returned items by this summer, the banking giant announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
February 24, 2022

French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was adhering to “all applicable regulations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
February 24, 2022

The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. 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...

Banking
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
February 23, 2022

HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup Stitch is striving to make it easier for businesses on the continent to build and scale innovative products. Get the...

Banking
Digital Banking Leaves Teller Deposits in the Distance
February 22, 2022

Banking, without a backward glance, is leaving the branch behind. 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...

Banking
Independent ATMs Struggle for Access to Banks
February 20, 2022

There’s a growing schism between banks and small business owners running independent ATMs in America’s vast swathe of gas stations, bars and bodegas, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...