Tag Archives: Bank

Europe’s central bank gets hilarious alternative designs for the euro banknote after asking for feedback

July 24, 2026 Europe’s central bank gets hilarious alternative designs for the euro banknote after asking for feedback BY María José Gutiérrez Chávez Asking the internet for advice can be a dicey game: Users can either be helpful or take the chance to make a joke of it all—as the European Central Bank (ECB) has come … Continue reading Europe’s central bank gets hilarious alternative designs for the euro banknote after asking for feedback →

Klarna wants to become a bank. Here’s what that could mean for millions of customers

July 06, 2026 Klarna wants to become a bank. Here’s what that could mean for millions of customers BY Taylor Hatmaker   The “buy now, pay later” fintech giant Klarna wants to become a real bank. The Swedish company just announced its plans to establish a U.S.-based subsidiary known as Klarna Bank USA. If approved, the … Continue reading Klarna wants to become a bank. Here’s what that could mean for millions of customers →

PayPal applies to become a bank under Trump’s looser financial rules

  PayPal applies to become a bank under Trump’s looser financial rules It follows similar applications from Nissan, Sony and more. Sarah Fielding Tue, December 16, 2025 Reuters / Reuters PayPal is the latest company looking to become a bank in the US. On Monday, the company announced it had submitted applications for PayPal Bank … Continue reading PayPal applies to become a bank under Trump’s looser financial rules →

Flagstar Bank just closed dozens of branches in 5 states. See full the list of locations that shuttered in May

June 10, 2025 Flagstar Bank just closed dozens of branches in 5 states. See full the list of locations that shuttered in May BY Michael Grothaus This year has not been kind to retailers in terms of store closures. But brick-and-mortar shops are not the only retail category that has experienced a decline in 2025. Banks … Continue reading Flagstar Bank just closed dozens of branches in 5 states. See full the list of locations that shuttered in May →

The CFPB cracks down on bank overdraft fees with this new rule

The Consumer Financial Protection Bureau says the new rule would save depositors $5 billion annually. BY Reuters The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save depositors $5 billion annually. The new regulation, adopted over the banking industry’s vocal opposition, … Continue reading The CFPB cracks down on bank overdraft fees with this new rule →

Evolve Bank says a Russia-linked gang stole millions of customers’ data

July 09, 2024 Evolve Bank says a Russia-linked gang stole millions of customers’ data The Memphis-based company said criminals likely downloaded information such as names, Social Security numbers, and bank account numbers. BY Jessica Bursztynsky Evolve Bank & Trust said this week that hackers accessed millions of customers’ personal data during a recent cyberattack.  The Memphis-based … Continue reading Evolve Bank says a Russia-linked gang stole millions of customers’ data →

Junior Bank of America banker who died was working over 100 hours a week

May 15, 2024 Junior Bank of America banker who died was working over 100 hours a week Wall Street has grappled for years with overwork among junior staff. BY Reuters The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working … Continue reading Junior Bank of America banker who died was working over 100 hours a week →