Banking 2/page/5 news and trends

Payhawk Teams With J.P. Morgan Payments to Offer Banking Services
Partnerships // November 19, 2024

Expense management firm Payhawk launched a partnership with J.P. Morgan Payments. The collaboration will see Payhawk use J.P. Morgan Payments’ APIs to let customers store, exchange and send money in more than 30 currencies within its platform, according to a Tuesday (Nov. 19) press release....

NatWest Turns to NCR Atleos to Upgrade ATM Fleet
Banking // November 18, 2024

British banking giant NatWest has teamed with NCR Atleos to upgrade its self-service banking network. The expanded partnership is driven by NatWest’s need “for a more agile and efficient self-service banking platform,” the company said in a Monday (Nov. 18) news release. That means NatWest, with help from NCR Atleos, is...

Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business
Blockchain // November 18, 2024

Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities to do so with the aim of GS DAP becoming an industry-owned distributed technology solution,...

Fed’s Supervision Report Takes Note of Rising Card Delinquencies
Banking // November 18, 2024

The banking system is sound, and resilient, according to the Federal Reserve. But the performance of some of the loans on banks’ books — particularly at smaller financial institutions (FIs) — bear watching. To that end, the central bank noted in its semiannual Supervision and...

Interviews & Exclusives
Fed’s Supervision Report Takes Note of Rising Card Delinquencies

November 18, 2024
The banking system is sound, and resilient, according to the Federal Reserve. But the performance of some of the loans on banks’ books — particularly at smaller financial institutions (FIs) — bear watching. To that end, the central bank noted in its semiannual Supervision and Regulation Report released this month that credit card loans, auto […]

Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty

November 18, 2024
“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions —  complexity in the back office, and in member-facing...

MoneyLion CEO: Checkout Extends Our Evolution From Neobank to Financial Services Marketplace

November 14, 2024
Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster days after posting third-quarter earnings...

Digital-First Banking’s Mantra: Check Friction at the Virtual Front Door

November 14, 2024
Banks and credit unions will need to focus on customer experience, security and technology, Candescent Chief Product Officer Doug Brown writes in a new PYMNTS eBook, “The New Value Equation:...

Quick Reads
Temenos Offers On-Site GenAI From Nvidia for Banks

November 19, 2024
Banking software provider Temenos says it has begun offering its “on-premises” generative artificial intelligence (AI) to banks. The tool, built with Nvidia’s AI platform, is designed to help lenders glean real-time insights from their data while maintaining control of their information, Temenos said in a Tuesday (Nov. 19) news release. “AI is reshaping financial services, […]

Payhawk Teams With J.P. Morgan Payments to Offer Banking Services

November 19, 2024
Expense management firm Payhawk launched a partnership with J.P. Morgan Payments. The collaboration will see Payhawk use J.P. Morgan Payments’ APIs to let customers store, exchange and send money in...

NatWest Turns to NCR Atleos to Upgrade ATM Fleet

November 18, 2024
British banking giant NatWest has teamed with NCR Atleos to upgrade its self-service banking network. The expanded partnership is driven by NatWest’s need “for a more agile and efficient self-service banking platform,” the company said in...

Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business

November 18, 2024
Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities...