consumer banking

CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. But the Consumer Financial Protection Bureau’s (CFPB)...

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Santander Appoints PayPal Veteran to Head Digital Consumer Bank
Santander Appoints PayPal Veteran to Head Digital Consumer Bank
December 11, 2024  |  Personnel

Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank’s five...

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Santander Positions New Digital Platform as First Step in US Expansion
Santander Positions New Digital Platform as First Step in US Expansion
October 21, 2024  |  Banking

Santander’s digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a...

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As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
October 15, 2024  |  Earnings

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management...

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Fig Financial Launches Personal Loan Service in Canada
Fig Financial Launches Personal Loan Service in Canada
July 09, 2024  |  Loans

Toronto-based lender Fig Financial says its personal loan service is now open to all Canadians. “We are providing a true alternative to banks for every...

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Goldman Plans to Double Down on Loans to Super-Rich Clients
Goldman Plans to Double Down on Loans to Super-Rich Clients
June 13, 2024  |  Banking

Goldman Sachs reportedly wants to double its lending to its most affluent customers. This plan would play out over the next five years for clients with...

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Report: Goldman Could Hand off GM Card to Barclays
Report: Goldman Could Hand off GM Card to Barclays
April 30, 2024  |  Banking

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance...

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Varo Bank Debuts Line of Credit as Consumers Remain Pinched
Varo Bank Debuts Line of Credit as Consumers Remain Pinched
March 26, 2024  |  Personal Finance

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line...

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Hank Payments and FinWise Partner on Consumer Banking Solutions
Hank Payments and FinWise Partner on Consumer Banking Solutions
March 04, 2024  |  Partnerships

Hank Payments has partnered with FinWise Bank to enhance consumer financial services, including lending, savings and payments.  This collaboration brings together Hank Payments’ banking platform with FinWise’s...

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