Banking

Banking
New Era for UK Open Banking As Labour Plans to Boost Adoption
July 05, 2024

Now that the Labour Party’s been ushered into power in the U.K. — in a landslide vote — what’s next for open banking in the United Kingdom? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up with an anticipated pullback by banks on traditionally “free” services and products. Get the Full Story Complete the form to...

Banking
Everything You Probably Didn’t Know About Bank Holidays
July 04, 2024

July 4th is one of the 11 bank holidays observed in the United States. 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
What Core Banking’s 40-Year Evolution Says About What’s Next for Banking
June 27, 2024

There’s a misperception about bankers and banking. That misperception is that money — in all its forms — is the most important asset. The reality is that customers are the most important asset, because if there are no customers there is no money. And financial...

Banking
Capturing the US Family Dynamic Will Power Open Banking’s Future
June 21, 2024

Without education, awareness, or utility, any innovation will find it hard to scale. 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....

Banking
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service
June 21, 2024

The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Microservices Are at the Core of Core Banking’s Appeal
June 20, 2024

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up embedded payments, instant payments and lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
June 19, 2024

Starling Bank is reportedly taking several debtors to court amid a U.K. financial watchdog’s investigation. 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,...

Banking
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers, a capital lifeline to sustain operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...