PNC Bank to invest nearly $1bn to renovate and expand its US branch network
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
The acquisition will see LPL Financial take ownership of Atria’s seven broker-dealer subsidiaries.
Ripple has recently announced custody partnerships with HSBC, BBVA and Zodia Custody.
The Toronto-based fintech says the new facility will be used to expand its Charge Card programme.
Greenlite’s tech will enable the bank to streamline manual data aggregation and client risk assessments.
Dionne first joined the bank eight years ago and has spent the last six years as its CFO.
Payments Canada’s board has now initiated a “comprehensive search” for Black’s successor.
It’s thought that 57,028 of Bank of America’s customers have been impacted.
Banco Sabadell customers will now have access to the 1,400 ATMs NCR Atleos manages across Spain.
Zafin has partnerships with a number of global banks including Wells Fargo, HSBC, PNZ and ING.
The Chicago-based vendor expects to complete its acquisition of Ateo by 29 February.
You now have until Friday 23 February to get your nominations in.
The group’s ATMs and service centres accounted for 3% and 1% of its total transaction volume last year, respectively.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Worldline, Deutsche Bank, Barclays and more.
Taylor joins the fintech from Cloudflare, where she served as CPO for the past seven years.
The Frankfurt-based commercial bank has adopted the vendor’s DOKA-NG solution.
Nepal Clearing House expects to launch its NPS service in Q4 2024.
The new facility consists of a $255 million term loan and a $25 million revolver.
The fintech has been licenced to operate in Europe since 2022.
The bank also plans to renovate more than 1,700 existing locations across the US.
The credit union has signed for the vendor’s online account opening and online loan application product suite.
Reuters reports that the deal could potentially value Onfido at around $650 million.
The OCC says the fine relates to “systemic deficiencies” in the bank’s risk management and internal controls.
ID Finance claims the financing marks its “largest ever financing round” to date.
The bank disabled and removed the Vast Crypto Mobile Banking app from app stores on 31 January.
The software will support the origination of mortgages for high-net-worth borrowers.
The value of the Venue acquisition has not been disclosed.
Calhoun joins the fintech from Onsights.io, where he held the role of CTO for just under two years.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Lloyds, HSBC, PayPal, Santander and more.
The app-based offering launched this week with account and lending services.
The holding companies currently control Bank of Southern California and California Bank of Commerce.
The acquisition, which will combine both parties’ rewards platforms, is expected to close later this year.
The cuts are to be actioned with immediate effect, according to a staff memo from Dorsey.
The funding will enable Kore.ai to scale its workforce and further develop its product offering.
PayPal president and CEO Alex Chriss says the cuts aim to “reduce complexity and duplication”.
The deal will enable YouLend to provide additional revenue-based financing to SMEs.
The LA-based fintech says it will use the facility to attract and retain more customers.
TBOM will tap i2c to enable its fintech clients to build “unique configurations of digital-first financial services”.