Banking

Banking
Mobile-Only Bank Chime Claims 750,000 Customers
January 24, 2018

Chime, the mobile-only bank, is in high growth mode: The company has opened 750,000 accounts since its launch. 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
Vocalink CEO On Making Payments Faster, Sooner
January 24, 2018

Call it agility. Or, in a more long-winded fashion, that nimbleness which brings together new and existing rails, melding legacy systems with new layers of functionality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
BoA Faces Backlash After Eliminating Free Checking
January 23, 2018

Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. 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
BoA Puts The Kibosh On Free Checking Accounts For Low-Balance Customers
January 23, 2018

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or face a monthly fee. Get the Full Story Complete the form to unlock this article...

Banking
Reengineering The Digital Payments Transition — With Engineers
January 23, 2018

Conversations about digital transformation often start with new experiences that those evolutions make possible — or the new technologies essential to underpin them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Wells Fargo Fixes Glitch That Duplicated Online Payments
January 19, 2018

Wells Fargo has fixed a glitch that caused online bill payments to be processed twice, infuriating customers who had their accounts inadvertently overdrawn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Varo Money Raises $45M On Quest To Become A Bank
January 19, 2018

Mobile banking FinTech Varo Money has raised $45 million in Series B funding as it strives to become a mobile-only regulated bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
U.K. Banks Clamping Down On Credit As Risk Rises
January 12, 2018

Banks in the United Kingdom are dialing back their credit underwriting and other extensions of unsecured debt as concerns are mounting that rising household debt could destabilize the financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
ICBA Bancard To Offer Banks Access To NYCE Debit Network
January 11, 2018

ICBA Bancard, the payments services unit of the Independent Community Bankers of America, announced news on Wednesday (Jan. 10) that ICBA Bancard client banks can now access the NYCE Payment Network’s point-of-sale (POS) and ATM debit card services. Get the Full Story Complete the form...