Citi announced on Monday (April 12) that its application programming interface (API) connectivity platform has processed over 1 billion API calls since launching in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
All revolutions have leaders. But what about the open banking revolution — the one across the pond in the U.K.? Well, that’s going to be led by the merchants, as Francesco Simoneschi, co-founder and CEO of TrueLayer, told PYMNTS’ Karen Webster in a recent interview....
To fuel its early-stage business in Mexico, Nubank’s unit in the Latin American country is receiving an infusion of $135 million, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top news in digital-first banking, TrueLayer landed $70 million in a funding round headed up by Addition, while Envestnet had acquired Harvest Savings & Wealth Technologies. Plus, Avant has purchased Zero Financial along with its neobank, Level. Get the Full Story Complete the...
J.P. Morgan Chase’s CEO Jamie Dimon said in his annual shareholder’s letter that banks are facing a slew of competitive challenges from tech-nimble, non-traditional financial services players – even as boom times likely lie ahead for the economy at large. Get the Full Story Complete...
Citi Treasury and Trade Solutions (TTS) has rolled out Citi Service Insights (CSI), which includes an integration with SWIFT gpi Case Resolution, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top news in digital-first banking, Plaid has raised $425 million via a Series D funding round, while PSCU has expanded its reach in Hawaii. Plus, Brink’s has acquired PAI for $213 million. Get the Full Story Complete the form to unlock this article...
By the official numbers, there are 33 million unbanked and underbanked consumers in the United States. 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...
Brazil’s big banks, long known for high rates despite occasional public outcries, are racing to modernize amid challenges posed by low interest rates, the pandemic’s fallout and new digital rivals, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...