Banking

Banking
Financial Firm MetaBank Rebrands as Pathward
March 29, 2022

MetaBank, a financial empowerment company, announced Tuesday (March 29) that it is changing its name to Pathward to unite the company under a single identity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Citizens Bank Launches Early Access to Wages
March 29, 2022

Citizens Financial Group is the latest lender to introduce a way for corporate clients to give employees early access to their paycheck, the Providence-based bank announced Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Citizens Bank Ends Overdrafts From New Checking Account
March 28, 2022

Citizens Bank is launching a new checking account for underbanked and underserved communities that prevents overdrafts, according to a press release on Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
India’s Central Bank Unveils Innovation Hub
March 28, 2022

The Reserve Bank of India has launched its Innovation Hub (RBIH), a program designed to promote access to financial services and increase financial inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
FDIC Seeks Comments on Mergers Between Banks
March 27, 2022

The Federal Deposit Insurance Corporation (FDIC) has sent the Federal Register a request for information soliciting comments on the laws and rules around merger transactions between one or more insured depository institutions, the FDIC announced Friday (March 25). Get the Full Story Complete the form...

Banking
UK to Boost Open Banking With New Regulator
March 25, 2022

The U.K. Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA) and the Payment System Regulator (PSR), issued a joint statement Friday (March 25) highlighting the benefits of open banking and their plan to create a new regulator that continues supporting these...

Banking
BoA Launches Secured Credit Card, Business Center for Entrepreneurs
March 23, 2022

Bank of America has rolled out a new Business Advantage Unlimited Cash Rewards Secured credit card aimed at entrepreneurs looking to launch a new business or build a credit history for their business, the bank announced Wednesday (March 23). Get the Full Story Complete the...

Banking
Investors Call Out JPMorgan’s Dimon For Lack of Tech Spend Candor
March 23, 2022

J.P. Morgan Chase CEO Jamie Dimon — known for financial discipline and being among the most respected Wall Street bankers — is being called out by investors for his lack of transparency on new project spending, Financial Times reported on Wednesday (March 23), citing unnamed...

Banking
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting new customers, too — traditional, incumbent financial institutions may have a leg up over their digital upstart competitors. Get the...