Banking

Banking
TIPS System Glitch Stalls European Banks
August 10, 2021

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...

Banking
Untapped Business Credit + Banks’ Cash Pile Trigger Spending Hope
August 05, 2021

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...

Banking
Deep Dive: Why Opening The Door For Data Aggregation, Digital Privacy Is Key To Pushing...
August 03, 2021

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...

Banking
Comerica On Meeting Digital-First Consumers’ Needs In The Emerging API Economy
August 02, 2021

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.

Banking
Report: Consumer Concerns Over Data Privacy Threaten US Open Banking’s Expansion
July 30, 2021

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...

Banking
Customer Relationships At The Center Of Financial Services Transformation
July 21, 2021

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...

Banking
Square Launches New Banking Platform For Small Business
July 20, 2021

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...

Banking
Banks Spend More To Fend Off FinTechs
July 19, 2021

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...

Banking
TD Bank In US Snarled By Brief Outages
July 15, 2021

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...