Think small, goes the saying, to effect big change. For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Get the Full Story Complete the...
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Historically, bank-driven personal financial management (PFM) solutions have been met with a lackluster reception. Rami Thabet, Royal Bank of Canada’s VP of Mobile, tells PYMNTS how AI is changing that, helping banks generate actionable advice that puts consumers in control of their finances and even helps them save. This month’s issue of the Digital...
Bank of America Merrill Lynch announced news on Monday (Jan. 22) of the launch of BofA Merrill Virtual Payables, which enables commercial purchasing customers to connect with the bank’s virtual card system. Get the Full Story Complete the form to unlock this article and enjoy...
The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to use artificial intelligence (AI) to help consumers make smarter choices by providing actionable financial insights. Get the Full Story Complete...
Consumer-bank monogamy is a thing of the past. With the proliferation of third-party mobile apps, eWallets and proprietary “Pays,” this is hardly news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? They all have an appreciation for speed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In the era of smartphones and instant downloads, business is all about speed. But with speed comes risk — even more so for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When one person is thinking about sending an email to another, there are all kinds of things to think about: how long or short to make it; whether or not to include pictures; whether an emoji is cute or will make them look immature. Get...