Banking

Banking
Old Banks Tap New FinTechs to Gain Technology Competitive Edge
April 20, 2022

Community, state and even regional banks are not going to have the money it takes to build the technology that they need to compete in today’s market — but they’re going to need that technology to compete for commercial customers. Get the Full Story Complete...

Banking
Wells Fargo Debuts Small Business Financial-Assistance Portal
April 20, 2022

Wells Fargo on Tuesday (April 19) announced the launch of what it is calling its “Small Business Resource Navigator.” 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
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment is in the cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
April 15, 2022

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...

Banking
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
April 12, 2022

Earnings season comes like clockwork. 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...

Banking
FIS Announces Banking-as-a-Service Hub for Financial Institutions
April 12, 2022

Financial technology firm FIS unveiled its Banking-as-a-Service (BaaS) hub Tuesday (April 12), a tool the company said provides “a full suite of banking and payments capabilities for institutions of all sizes.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Nigerian Central Bank Grants Mobile Banking License to MTN to Operate Momo Payment Service Bank
April 11, 2022

The Central Bank of Nigeria (CBN) has approved a mobile banking license for South African telecom MTN, allowing it to operate as Momo Payment Service Bank Limited (Momo PSB), according to a Monday (April 11) Ripples Nigeria report citing a statement from the bank signed...

Banking
In Battle Between Banks and FinTechs, Pairing Strengths Is Path to Super Apps, Shared Prosperity
April 11, 2022

Consumers’ trust is in place. 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...

Banking
Bank Deposits to See 80-Year Decline as Consumers Move Cash Stockpiles
April 11, 2022

U.S. banks might see deposits decrease for the first time in several decades, The Wall Street Journal wrote Sunday (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...