A glitch in the European Central Bank’s payment system late Monday (Aug. 9) left several EU financial institutions stranded during the vital hours near the close of business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Some of the country’s biggest financial institutions are sitting on a pile of cash and untapped credit, with JPMorgan and Bank of America holding close to $1 trillion in credit commitments, The Wall Street Journal (WSJ) reported on Wednesday (Aug. 4). Get the Full Story...
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With PYMNTS’ new U.S. Open Banking Tracker showing 40 percent of consumers saying they’re increasingly concerned about what happens with their personal information, it’s no surprise that bankers like Comerica’s Megan Crespi say that engagement and loyalty won’t grow until these concerns are addressed.
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 receive marketing communications from PYMNTS and...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Donna Turner, COO of...
Square has launched Square Banking, a financial products suite designed to help small business owners manage their cash flow, according to a Tuesday (July 20) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Banks are forecasting higher expenses and lower revenue amid a continued slowdown in lending as they scramble to fend off FinTech rivals and stay ahead of technology, Financial Times reported on Monday (July 19). Get the Full Story Complete the form to unlock this article...
Toronto-Dominion Bank (TD) was hit by digital outages linked to a service provider issue that impacted U.S. customers and employees only, according to a Reuters report Thursday (July 15). Customers also said on Twitter that there were direct deposit delays, but the Canadian bank tweeted...