Banking

Banking
JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
May 23, 2022

JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
JPMorgan: Tech and Product Investments to Top $2.8B in 2022
May 23, 2022

J.P. Morgan’s investor day Monday (May 23) had all eyes on Wall Street focusing on net interest margins and CEO Jamie Dimon’s take on macro-related opportunities and challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Open Banking Bumpy but Adoption Curve Better Than Contactless Payments
May 23, 2022

Despite its potential to transform the financial services sector, the rollout of the open banking scheme in the U.K. to provide secure, third-party access to financial data using application programming interfaces (APIs) has repeatedly faced criticism from industry players since it was launched in 2018....

Banking
Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
May 19, 2022

Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers there and expand the region’s digitization efforts, according to a Thursday (May 19) press release emailed to PYMNTS. Get the...

Banking
Visa Using AI to Eliminate Pending Charges
May 19, 2022

Sometimes, it’s the little things that create the biggest frictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Banking
Legacy Banks Must Step up Real-Time Data Analytics
May 19, 2022

In today’s fast-paced digital world, traditional financial institutions have a problem on their hands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Banking
Oman’s Bank Muscat Debuts QR Code Payments
May 16, 2022

Bank Muscat, a financial services provider based in Oman, says it’s ready to offer new e-payment options that will promote financial inclusion and digital payments, a press release said Monday (May 17). Get the Full Story Complete the form to unlock this article and enjoy...

Banking
PYMNTS Intelligence: FIs Emerge From the Pandemic as Human-Touch Wellness Partners
May 16, 2022

Consumers emerging from the pandemic are navigating turbulent economic waters, with soaring inflation, rising interest rates and disappearing pandemic relief making management of their financial health — and shrinking their debt — a top priority. This realignment has driven a subtle but significant shift in...

Banking
PYMNTS Digital-First Banking Tracker: Younger Consumers Still Enjoy in-Person Banking
May 13, 2022

Picture two banking customers: one a recent college grad who’s never known life without the internet, the other a recent retiree who grew up using rotary phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...