retail banking

Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
March 21, 2017  |  Banking

Wells Fargo released its retail banking customer activity data for February 2017, and it shows the biggest drop in credit card applications since the bank’s scandal...

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Brexit Stops Santander’s Breakup Plans
Brexit Stops Santander’s Breakup Plans
November 29, 2016  |  B2B Payments

Banco Santander will no longer be breaking up operations due to Brexit, according to unnamed sources. Reports by Bloomberg on Monday (Nov. 28) said the Spanish bank...

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SMBs Lean On Friends And Family To Thrive, BofA Finds
SMBs Lean On Friends And Family To Thrive, BofA Finds
November 16, 2016  |  B2B Payments

Despite what Bank of America describes as a “challenging business environment,” SMBs are thriving, thanks in large part to friends and family. The bank released its latest...

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Following Scandal, Wells Fargo Nixes Retail Banking Sales Goals
Following Scandal, Wells Fargo Nixes Retail Banking Sales Goals
September 13, 2016  |  Banking

Wells Fargo may not have explicitly admitted wrongdoing in the creation and use of sham accounts tied to client activity, but the firm announced on...

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UK Regulator Puts Overdraft Fees Under A Microscope
UK Regulator Puts Overdraft Fees Under A Microscope
July 21, 2016  |  International

The U.K.’s Financial Conduct Authority (FCA) is looking to help combat the high fees associated with overdrafts. The watchdog’s CEO, Andrew Bailey, said on Wednesday...

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UK Regulator Pushes Retail Banking Reform
UK Regulator Pushes Retail Banking Reform
May 18, 2016  |  Regulation

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition...

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Citi Reportedly Exiting Asia Payments Business
Citi Reportedly Exiting Asia Payments Business
April 29, 2016  |  International

Citigroup is reportedly ditching its Asia payments processing business, according to a Reuters report, which cited sources said to be close to the matter. This...

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Goldman Sachs Launches Online Retail Bank
Goldman Sachs Launches Online Retail Bank
April 27, 2016  |  Digital Banking

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding...

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NCR Tech Brings Deutsche Postbank Up To Speed
NCR Tech Brings Deutsche Postbank Up To Speed
January 13, 2016  |  International

NCR, the payments technology company, will provide an upgrade to Deutsche Postbank AG’s retail branch operations, the companies said in a statement on Tuesday (Jan. 12). Through...

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