Banking

Banking
Standard Chartered Cutting 8,000 Jobs as AI Focus Accelerates
May 19, 2026

Standard Chartered is undertaking sweeping job cuts as it increases its focus on AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Banking
Small-Business Banking Has a Segmentation Problem
May 18, 2026

The term “small business” has traditionally functioned as a sort of economic shorthand. Banks, payment companies, FinTech firms, and even policymakers spoke about small-and-medium-sized businesses (SMBs) as if they formed a single commercial bloc moving through the economy at roughly the same speed and under...

Banking
Revolut Adds Employee Incentives to Fuel Business Banking Push
May 15, 2026

Revolut is offering employees across all departments 1,000 pounds (about $1,330) if they bring businesses to the digital bank as it expands its business banking offerings, Bloomberg reported Friday (May 15), citing a memo sent to staff by Revolut CEO Nik Storonsky. Get the Full...

Banking
Bunq Accelerates Global Expansion With Mexican Banking License Bid
May 15, 2026

European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Chase Opens 18 Branches in May Amid Multibillion-Dollar Expansion
May 14, 2026

By the end of May, Chase will have opened 18 new branches this month and 52 new branches this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Banks Use Payout Moments to Build New Customer Relationships
May 14, 2026

Payouts don’t have to be a one-time transaction. They can be the beginning of a bank’s relationship with a new customer, according to the PYMNTS Intelligence report “Banking Both Sides: Instant Payouts Turn Receivers Into Customers.” Get the Full Story Complete the form to unlock this article and...

Banking
Revolut Mulls Private Banking as Trading Business Expands
May 14, 2026

Revolut has received regulatory permission to expand the scope of its trading business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Banking
JPMorgan Banks on Savings to Woo German Retail Customers
May 13, 2026

J.P. Morgan Chase is reportedly weeks away from launching its long-awaited Europe-based retail banking effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Ivy Rebrands as Augustus After OCC Charter Approval
May 11, 2026

Financial services firm Ivy has rebranded as Augustus on its road to becoming a bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...