After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó. Purdue is said to lead product development for the brand and become chief product officer,...
Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. 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...
Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Digital bank Monzo, based in the United Kingdom, is crossing the pond. 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...
To help reimagine the traditional banking experience, digital banking and payments processing technology and infrastructure provider i2c is teaming with Zero. As a financial technology company, Zero lets consumers experience the things they enjoy about debit cards while using a credit card, i2c said in...
BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs CEO David Solomon said the firm’s digital Marcus business “getting absolutely no credit from anybody else in the investing community,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Barely more than a year after banking giant JPMorgan launched an effort to bring younger clients into the fold — through digital means and specifically through a digital banking app — the firm is killing that particular nationwide project. Get the Full Story Complete the...
Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. A FinTech app owned...
