Tag : Consumer Banking

Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited
Banking News

Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited

Fintech News Desk
Transaction Marks Eighth Announced Sale by Citi in Asia Pacific Region Since Announcing Strategy Refresh Citi announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi’s consumer businesses in India. Axis was selected by Citi following an extensive and competitive auction process. The......
Citi Retail Services and Brooks Brothers Extend Consumer Credit Card Relationship
Banking Digital Payments News

Citi Retail Services and Brooks Brothers Extend Consumer Credit Card Relationship

Fintech News Desk
Multi-Year Agreement Renews Partnership in Shared Drive to Innovate and Power Omnichannel Payments Offerings Brooks Brothers, the country’s oldest clothing retailer, and Citi Retail Services, one of North America’s largest and most experienced retail credit solution providers, announced a multi-year extension of their consumer credit card relationship. “As we further transform......
FNBT Launches One-Day Rewind to Further Help Customers Avoid Overdraft Fees
Banking News

FNBT Launches One-Day Rewind to Further Help Customers Avoid Overdraft Fees

Fintech News Desk
One-Day Rewind provides the opportunity to have overdraft fees refunded from the prior banking day First National Bank Texas (FNBT), a community bank with a long-standing commitment to the financial health of customers, announced  it has expanded its consumer banking account Overdraft Program with the launch of One-Day Rewind – a......
M&T Bank Expands Financial Access, Removes Language Barriers with 100 New Multicultural Banking Centers
Banking News

M&T Bank Expands Financial Access, Removes Language Barriers with 100 New Multicultural Banking Centers

Fintech News Desk
To celebrate its increased focus on cultural fluency and expanded capabilities, M&T Bank will ring the opening bell at the New York Stock Exchange, Thursday, Jan. 13 M&T Bank announced it is expanding the services it provides to communities with high concentrations of ethnic and racial diversity by designating an additional......
Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group
Banking News

Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group

Fintech News Desk
Citi Continues to Execute on Global Consumer Bank Strategic Actions Citi announced it has reached agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction includes retail banking and credit card businesses but excludes the bank’s institutional businesses in......
Sterling Bancorp Announces Strategic Investment in JAM FINTOP Blockchain, LP
Blockchain News

Sterling Bancorp Announces Strategic Investment in JAM FINTOP Blockchain, LP

Fintech News Desk
Sterling Bancorp, announced an investment in JAM FINTOP Blockchain, LP (the “fund”), a venture fund that will focus its investments on blockchain infrastructure providers that help regulated financial institutions compliantly adopt and operate blockchain enabled applications in their business. The fund is managed by JAM Special Opportunity Ventures, an affiliate......
Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines
Banking Capital Markets News

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

Fintech News Desk
Citi Continues to Execute on Global Consumer Bank Strategic Actions Citi announced it has reached agreement with UnionBank of the Philippines on the acquisition of Citi’s consumer banking franchise in the Philippines. The transaction covers Citi’s local credit card, unsecured lending, deposit and investment businesses, as well as Citicorp Financial......
Synovus Names Liz Wolverton Head of Consumer Banking and Brand Experience
Banking Fintech News

Synovus Names Liz Wolverton Head of Consumer Banking and Brand Experience

Fintech News Desk
Susan Pitts to Serve as Consumer COO Synovus Bank announced the naming of Liz Wolverton as head of consumer banking and brand experience. In her expanded role leading this new banking segment, Wolverton maintains oversight for the company’s marketing, digital, analytics, and customer experience functions while also assuming responsibility for......
Digital Banking Gains Momentum as Consumers Use More Accounts for More Purposes
Banking Digital Mobile Banking News

Digital Banking Gains Momentum as Consumers Use More Accounts for More Purposes

Fintech News Desk
New Galileo research shows that despite 77% of U.S. adults still using traditional banks, 43% of their funds are kept elsewhere, and 61% of consumers are somewhat or highly likely to switch to a digital-only provider Galileo Financial Technologies, the leading global fintech-as-a-service platform owned and operated independently by SoFi......
New Consumer Banking Report Offers Insights Into Rapidly Evolving Customer Behaviors Since The Pandemic
Banking Cryptocurrency Fintech News

New Consumer Banking Report Offers Insights Into Rapidly Evolving Customer Behaviors Since The Pandemic

Fintech News Desk
Key findings of the EPAM Continuum report reveal the rate of transformation across the financial landscape, and the need for traditional banks, fintechs and neobanks to offer more personalized advice and services Knowing what a customer wants—and what they need—is difficult in the best of times. With the current landscape......
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