PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States.

Digital Banking 103

Digital Banking United States FDIC ATM 103

PYMNTS

JANUARY 7, 2021

The bank showcases up to $200 in overdraft protection, high-value rewards, high-interest savings and chances to create, develop and monitor credit. The banks that help support Europe’s supply chains are set to face a very high increase in bad debts as a leading watchdog in the region introduces more restrictive standards.

California 142

California FDIC Regional Taxes 142

PYMNTS

APRIL 24, 2020

bank technology firm securing $100 million to expand in the region. The investment also sees Malaysia-based V Capital establishing a strategic partnership with the bank to help it expand throughout Southeast Asia as it seeks its own Digital Bank License in Malaysia. As an FDIC insured bank in the U.S.,

Fintech 193

Fintech Capital Security FDIC 193

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

SEPTEMBER 18, 2020

But in absolute terms, it also passes at least some of the smaller banking players like Commerce Bank (with a market cap of about $6 billion at this writing). Regional players like BankUnited have even smaller market caps (at about $2 billion). And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third.

Los Angeles 231

Los Angeles UX Cards FDIC 231

PYMNTS

SEPTEMBER 18, 2020

But in absolute terms, it also passes at least some of the smaller banking players like Commerce Bank (with a market cap of about $6 billion at this writing). Regional players like BankUnited have even smaller market caps (at about $2 billion). And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third.

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132