Search results for "digital banking"

March 28, 2024
Amazon Debuts App for Easier Palm Payment Sign-Ups

Amazon is making it easier for consumers to use its palm payment tool Amazon One. “Until today, customers had to visit a physical location to hover their palm over an Amazon One device...


March 28, 2024
For Banks to Compete With FinTechs, They Need to Act...

The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and financial journeys have been blowing...


March 28, 2024
Digital Wallets Need to Remove Frictions to Increase Usage for...

Digital bill payment has become routine for most consumers, offering them extensive firsthand experience with the frustrations and challenges with these payments. Fraud, friction, limited payment options and slow payment...


March 28, 2024
Digital Shift Helps Banks Tailor Credit Offers to Consumers

For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4 p.m. branch closings have made...


March 27, 2024
Ally Financial Names Discover Chief Michael Rhodes as CEO

Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Rhodes has just resigned as the CEO of...


March 27, 2024
Dwolla Taps MX for Account Verification, Aggregation Solutions

Dwolla has expanded its partnership with MX Technologies to help enterprises manage money movement. The company’s recently launched open banking services include bank verification and balance check capabilities powered by MX’s instant account...


March 27, 2024
US Treasury Warns of AI Dangers in the Financial Sector

The Treasury Department is sounding the alarm on cybersecurity risks posed by the growing use of artificial intelligence (AI) within the financial services sector.  A new report Wednesday (March 27) highlights potential...


March 27, 2024
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions

Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry.  This collaboration will bring together banking solutions from Sandbox Banking and identity verification technology from...


March 27, 2024
Bank of America Launches Platform for Small Businesses and CDFIs

Bank of America launched an online platform that connects small business owners with community development financial institutions (CDFIs). The new Access to Capital Connector enables small business applicants to answer questions to become...


Credit Union Consolidation in a Tough Economy
Strategic Mergers Help Credit Unions Survive — and Thrive — in a Tough Economy

With nearly half of CU executives saying a lack of resources prevent them from bringing innovations to market, CUs are stuck piloting the digital innovations their members crave — and are willing to switch FIs for. The rise of strategic mergers is a way that some CUs are exploring to pool resources, innovate and drive scale. Read more in the “Credit Union Tracker®,” a collaboration with PSCU.

Focus on Europe
Italy and Spain Lead European Demand for All-in-One App PYMNTS Intelligence’s latest study of 10,885 consumers across key global markets reveals growing demand for an all-in-one app that tackles banking, shopping and personal tasks. More than 38% of consumers in Europe want a unified digital solution to manage their lives, and the report details why security is key to unlocking the region. Read more in “The Global Appeal of an Everyday App: Focus on Europe.”