Two of Spain’s big banks could become one. 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...
An upstart FinTech founded by a former Goldman Sachs trader has wrapped up a deal to acquire a brick-and-mortar bank in Minnesota. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
More money crossing borders digitally. Fewer correspondent banks to move that money. And the hallmark of that money movement — a lack of transparency and speed. What might replace a clunky system in a world where payments are becoming ever more global? Get the Full Story Complete...
Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. Get the Full Story Complete the form to unlock this article and enjoy...
With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures fall below a legal limit, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock...
Citigroup Inc. has discovered obsolete software caused a nearly $1 billion problem earlier this month. 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,...
Overhauling and upgrading bank infrastructure is a monumental task that, for many financial institutions, isn’t always worth the time, energy and massive costs. In many ways, by the time a financial institution has upgraded internal processes, the financial services landscape has already evolved into a...
The pandemic has fueled the need for European banks to restructure following years of poor performance. 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...
The moratorium on job cuts at Wells Fargo & Co. is over. 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...
