HSBC shuts down Zing App a year after launch
The Paypers
JANUARY 23, 2025
HSBC , a personal and online banking provider, has closed Zing , its international money app focused on cross-border solutions, a year after its launch.
The Paypers
JANUARY 23, 2025
HSBC , a personal and online banking provider, has closed Zing , its international money app focused on cross-border solutions, a year after its launch.
Payments Dive
JANUARY 23, 2025
The payments processor tapped Michael P. Lyons, currently president of PNC Financial Services Group, to succeed CEO Frank Bisignano.
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American Banker
JANUARY 23, 2025
The era of unchecked AI enthusiasm is giving way to a more measured and deliberate approach. Organizations are beginning to see AI not as a panacea but as a powerful, albeit complex, tool that requires thoughtful implementation.
Payments Dive
JANUARY 23, 2025
The Brazilian core services provider acquired last year is rounding up new clients in Europe and elsewhere as it benefits from the card network's bigger marketing and sales team.
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American Banker
JANUARY 23, 2025
The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks both on compliance and security banks face.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
JANUARY 23, 2025
A document circulated by the House Ways and Means Committee makes a number of suggestions for cutting federal spending, including revoking the federal tax exemption for credit unions and eliminating the Federal Deposit Insurance Corp.'s orderly liquidation authority.
The Paypers
JANUARY 23, 2025
Toronto-Dominion Bank has reportedly decided to sell approximately USD 9 billion in residential mortgage loans to adjust its balance sheet in line with new restrictions.
TheGuardian
JANUARY 23, 2025
New deal being considered by board cuts fixed pay but allows for much higher bonuses The Barclays chief executive, CS Venkatakrishnan, could see his maximum pay package rise by 45% to more than 14m, as part of a new deal being considered by the banks board. The high street lender is understood to have written to the banks largest shareholders regarding potential plans to overhaul its pay structures for Venkatakrishnan and its finance chief, Anna Cross.
The Paypers
JANUARY 23, 2025
Sygnum , a digital asset banking group, has partnered with Societe Generale-FORGE to improve its business-to-business (B2B) platform.
Advertiser: ZoomInfo
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ABA Community Banking
JANUARY 23, 2025
ABA endorsed legislation to spur the creation of new banks by easing federal capital requirements during their first few years of existence. The post ABA backs bill to promote new bank creation appeared first on ABA Banking Journal.
American Banker
JANUARY 23, 2025
The Virginia-based bank said the Federal Reserve signed off on its acquisition of Sandy Spring Bancorp in Maryland. The transaction was the third-largest bank deal announced in 2024. It could be finalized as soon as April.
The Paypers
JANUARY 23, 2025
The Dutch Government has announced its decision to prevent BNPL purchases in physical retail outlets due to the multiple financial risks they pose for clients.
ABA Community Banking
JANUARY 23, 2025
The ABA Foundation launched its 2025 financial education campaigns by encouraging U.S. banks and their more than two million employees to participate in these industry efforts. The post ABA Foundation rolls out financial education campaigns amid 100th anniversary appeared first on ABA Banking Journal.
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Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.
American Banker
JANUARY 23, 2025
Executives at JPMorgan Chase, BNY Mellon, Standard Chartered and Qatar Central Bank discussed whether AI will kill jobs and how to work with fintechs at the World Economic Forum annual meeting.
The Paypers
JANUARY 23, 2025
The UK’s Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have outlined their next steps to advance Open Banking in the region.
American Banker
JANUARY 23, 2025
The Dallas-based bank's fourth-quarter earnings beat analysts' forecasts. Texas Capital raised its estimate for 2025 adjusted fee income to $270 million.
The Paypers
JANUARY 23, 2025
HSBC , a personal and online banking provider, has closed Zing , its international money app focused on cross-border solutions, a year after its launch.
Advertiser: ZoomInfo
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American Banker
JANUARY 23, 2025
The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.
The Paypers
JANUARY 23, 2025
Ally Financial announces the sale of its credit card business to CardWorks, including the transfer of its wholly-owned subsidiary, Merrick Bank.
American Banker
JANUARY 23, 2025
After the tumult of buying PacWest Bancorp, Banc of California is not only profitable again but surpassing Wall Street's expectations.
The Paypers
JANUARY 23, 2025
Neonomics Group has finalised the acquisition of Ordo , a UK-based provider of Open Banking payment and data services.
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Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.
American Banker
JANUARY 23, 2025
The Bethesda, Maryland, company projects increases in loans and deposits as its C&I lending strategy gears up. Criticized and past-due loans appear to be declining even with a jump in nonperforming assets.
The Paypers
JANUARY 23, 2025
audax Financial Technology has announced its partnership with AWS in order to optimise and accelerate Maybank Islamic ’s digital development.
American Banker
JANUARY 23, 2025
The case against Yellowstone Capital, which state officials alleged deceived small-business borrowers, has brought attention to the industry.
The Paypers
JANUARY 23, 2025
South Korea's Personal Information Protection Commission (PIPC) has fined KakaoPay and Apple Pay a combined USD 5.8 million for breaching the country’s Personal Information Protection Act.
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
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