Banking

Banking
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer spending to drive top and bottom lines: Plan for the worst, hope for the best. Get the Full Story Complete...

Banking
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. 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...

Banking
Monzo Ahead Of Revolut For US Banking License
April 24, 2020

Monzo Bank Ltd., the British digital bank, has taken the next step to expand into the U.S. market, where it has already done some testing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
SoFi Deals Point To Question: ‘Just What’s a Bank?’
April 24, 2020

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Get the Full Story Complete the form to unlock this...

Banking
SmartStream Automates Reconciliation For Jumhouria Bank In Libya
April 20, 2020

Financial transaction management firm SmartStream has announced new programs to help automate processes for Jumhouria Bank in Libya. 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
Some Banks Seize Stimulus Money To Cover Customer Overdrafts
April 17, 2020

Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. 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...

Banking
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Pandemic Set To Further Erode EU Banks’ Profitability
April 14, 2020

The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking Authority (EBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
The Many Answers To ‘What Is A Bank?’
April 13, 2020

The definition of a bank was more or less unchanged for centuries. Then, within a matter of a few years, the old definitions have become more of a starting place than a final destination. Austere institutions that seemed impervious to change are reinventing themselves fast,...