Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021  |  Banking

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported....

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ClearBank Expands Into Multi-Currency Offerings for FIs, FinTechs
ClearBank Expands Into Multi-Currency Offerings for FIs, FinTechs
October 10, 2021  |  B2B Payments

Cloud-based clearing bank ClearBank has rolled out a new multi-currency solution intended to cut down on friction for FinTechs and financial institutions (FIs) working with...

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Virgin Money Emphasizes Online Presence with 20% Branch Closure
Virgin Money Emphasizes Online Presence with 20% Branch Closure
September 30, 2021  |  Digital-First Banking

British bank Virgin Money UK Plc is closing almost one-fifth of its branches in the next few months to ramp up its digital and mobile...

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UK Commercial FinTech Bank OakNorth Valued at $5B
UK Commercial FinTech Bank OakNorth Valued at $5B
September 29, 2021  |  B2B Payments

U.K. commercial FinTech OakNorth was valued at $5 billion following Indiabulls Housing Finance‘s sale of a portion of its 40% stake in the startup bank,...

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Open Banking, BNPL and the Transformation of Banking
Open Banking, BNPL and the Transformation of Banking
September 28, 2021  |  Banking

Evolve or die, they say. It’s an extreme statement, a bit simplistic in some ways, but the principle holds true in financial services, particularly in...

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Software, Banking Pros Launch BankWise To Help FIs Manage Change
Software, Banking Pros Launch BankWise To Help FIs Manage Change
September 27, 2021  |  Banking

FinTech startup BankWise is being launched by software executives and banking veterans to help financial institutions (FIs) manage industry changes and new technologies, The Business...

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OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
September 26, 2021  |  CBDC

New blood, as they say, shakes things up a bit. But what happens when the shaking up of things rattles the very foundations of financial...

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Banking M&A Activity On a Hot Streak Again
Banking M&A Activity On a Hot Streak Again
September 24, 2021  |  Banking

M&A activity is heating up substantially after a pandemic pause, with the latest deal involving Valley National Bancorp’s acquisition of Bank Leumi announced Thursday (Sept....

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Banks Capturing Coalition Loyalty Programs Could Be the Key to Get UK SMBs Over the Single Merchant Loyalty Setback
Banks Capturing Coalition Loyalty Programs Could Be the Key to Get UK SMBs Over the...
September 24, 2021  |  SMBs

Loyalty programs and other special offerings are popular in the U.K., where 76% of all consumers receive regular rewards or discounts from at least one...

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