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Big banks have plans to open hundreds of branches in new markets to add deposits, but smaller regionals have largely sought to hold the line on costs. Cullen/Frost Bankers' decision to double its branch count in Houston may be a sign that midsize banks are rethinking their retail strategy.
October 25 -
One CEO argues that megabanks aren’t just too big too fail – they’ve failed because they’re too big and lost sight of what's in the interest of consumers.
October 25
BancVue -
One U.K. fintech hopes its cryptocurrency-based prepaid debit card will gain traction with bitcoin and ether enthusiasts here.
October 25 -
Despite the fervor over mobile wallets and banking, one day consumers may never need to open a dedicated bank or payment app.
October 25 -
The National Credit Union Administration has already approved the deal, which is set for a Nov. 5 vote.
October 25 -
Legendary former central banker Paul Volcker praised Jerome Powell as the current Federal Reserve chairman faces fire from President Donald Trump for raising interest rates.
October 25 -
Executives offer support to lift investment bankers’ morale; retailer’s move from Synchrony Financial could force card issuers to make concessions.
October 25 -
The card brand company spent less on client incentives than analysts expected during its fiscal fourth quarter, showing the world’s largest payment network is resisting pressure to ramp up efforts to get banks and retailers to route more spending its way.
October 24 -
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.
October 24 -
Grab and Mastercard have formed a partnership extending the reach of the ride-hailing app by making a prepaid card available to Grab's 110 million users across Southeast Asia.
October 24











