PYMNTS-MonitorEdge-May-2024

banking

WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
April 15, 2024  |  Disbursements

Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early....

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KeyBank Expands Offerings of Cash Back and Early Deposit Access
KeyBank Expands Offerings of Cash Back and Early Deposit Access
August 07, 2023  |  Banking

KeyBank has added new ways for customers to earn better rates, get cash back and access deposits more quickly. “We’re excited to empower our clients...

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Finsync Offers Businesses Free Access to Its Financial Platform
Finsync Offers Businesses Free Access to Its Financial Platform
July 27, 2023  |  Faster Payments

Financial network platform Finsync said bankers and businesses can use its network for free. The offering is designed to help businesses scale faster, the company said in a Thursday...

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Report: Big Banks See Uptick in Deposits After SVB Collapse
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023  |  Banking

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. Following last week’s failure of Silicon Valley Bank (SVB) — bookended by...

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DCG Seeks Bankers for Portfolio Firms Among Major Lenders
DCG Seeks Bankers for Portfolio Firms Among Major Lenders
March 14, 2023  |  Banking

Digital Currency Group (DCG) is reportedly looking for new bankers for its portfolio companies following three high-profile bank failures. The cryptocurrency company has found through...

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Report: VC Firms Team Up to Restore SVB
Report: VC Firms Team Up to Restore SVB
March 14, 2023  |  Banking

A group of venture capital firms is reportedly working to reclaim parts of Silicon Valley Bank. Companies in talks to preserve the failed bank —...

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Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
March 03, 2023  |  Real Estate

Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an...

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Vista Bancshares to Acquire Charis Holdings and Bank
Vista Bancshares to Acquire Charis Holdings and Bank
January 30, 2023  |  Acquisitions

Two Texas banks are coming together to bring new capabilities and services to their clients. Vista Bancshares, the holding company for Vista Bank, said in...

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Fifth Third Bank Speeds Tax Refunds With Early Pay Service
Fifth Third Bank Speeds Tax Refunds With Early Pay Service
January 09, 2023  |  Banking

Fifth Third Bank will provide customers with their federal tax refund up to five days earlier. The bank said in a Monday (Jan. 9) press...

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