Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its growth trajectory to support the nearly 50 million immigrants in the U.S. Get the Full Story Complete the form to...
Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a drop in quarterly net income from one year ago. Get the Full Story Complete the form to unlock this article...
The banking and financial services industry is undergoing a rapid digital transformation. In response to the pandemic and the emergence of new technologies, consumers are rapidly exchanging traditional financial products and services for innovative digital solutions. Get the Full Story Complete the form to unlock...
Embedded finance helps businesses reduce the risk of fraud and expands support for consumers’ preferred payment methods. In the "Embedded Finance Tracker®," KeyBank’s Bennie Pennington tells PYMNTS how this technology is allowing merchants to offer more cohesive end-to-end services to their customers.
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 this form, you agree to receive marketing communications from PYMNTS and...
JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters wrote Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The United Kingdom’s Competition and Markets Authority (CMA) this week announced that it has directed NatWest to issue refunds after it was found to have breached banking rules that forbid “bundling.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues from a policymaking perspective. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Integrated credit score solution provider SavvyMoney has launched a new client portal that brings the resources it offers its bank and credit union partners together in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
