Banking

Banking
Deutsche Bank to Close About 50 Branches, Expand Video Capacity
September 18, 2024

Deutsche Bank will close a “mid-double-digit number” of smaller branches in Germany while adding new formats and technologies. 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
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. 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
German Central Bank: Mergers Must Yield ‘Robust’ Competition
September 18, 2024

The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. 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...

Banking
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024

America’s largest bank is increasing its expansion efforts outside the U.S. 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...

Banking
FDIC’s New Merger Guidelines Heighten Focus on Bank Sector’s ‘Stability’
September 17, 2024

For the banks, the urge to merge may get held up by regulators — who’d formerly been using decades-old guidelines by which to judge the merits of those deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Wells Fargo Debuts Specialized APIs for Commercial Banking Clients
September 17, 2024

Wells Fargo has introduced specialized application programming interfaces (APIs) tailored for its commercial banking clients. 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...

Banking
Five Star Bank Parent Plans to Exit Banking-as-a-Service Business
September 17, 2024

Financial Institutions says it’s getting out of the banking-as-a-service (BaaS) business. 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...

Banking
84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use
September 17, 2024

As open banking begins to reshape the financial landscape, the promise of enhanced consumer experiences and innovative services looms large. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Barclays Reportedly Struggling to Sell Merchant Payments Stake
September 15, 2024

Barclays is reportedly having trouble unloading a stake in its U.K. merchant payments unit. 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...