Despite legal and pandemic-related business challenges, the challenger bank space in the United Kingdom and European Union is brimming with potential, buoyed by growing investor interest and increasing customer sign-ups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Open banking may be seen as a buzzword in the banking and payment industries. 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...
Digital bank account Anda, launched by Assembled Financial, is striving to help the Hispanic population boost wealth with a cryptocurrency-centered rewards program, LA Business Journal reported on Monday (Jan. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today, in TechREG, we start a series of articles about open banking and its regulatory challenges and opportunities. In this article, we explain the two main policy approaches to open banking, and we include a prediction of which one is likely to have more followers...
Interbank payments in the U.K., such as Bacs and the Faster Payments Service (FPS), used to pay wages, pay bills or transfer money to a friend, accounted for nearly £7 trillion in 2020. The U.K. is now planning to replace the underlying infrastructure for the...
Consumers crave the banking convenience provided by third-party portals and apps that offer connections between bank accounts and merchants. 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...
J.P. Morgan‘s British retail bank Chase is continuing to expand its staff as it executes its strategy to move into investment and savings services by integrating its acquired digital wealth manager Nutmeg and to roll out its consumer lending product suite. Get the Full Story...
Chase Bank is adding more options for customers to avoid overdraft fees in 2022, per a Wednesday (Dec. 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Announcing on Thursday (Nov. 18) that it is ceasing operations in North America starting in January 2022, Berlin-based neobank N26 has recharged the debate around what consumers want from digital-first and digital-only banking — and who they want providing such services. Get the Full Story...
