India’s central bank is considering allowing payment banks and other finance companies to become lenders. 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,...
HSBC is introducing a new real-time payments tool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. Get the Full Story Complete the...
There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. But there’s a new data revolution underway and this one is on...
Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. Consumers were already shifting...
It’s been a long slog since April 2020 when a harmonic convergence of bad financial news and a worsening global health crisis formed the “crater” of the pandemic. April was also the month that financial institutions (FIs) and Big Tech firms alike learned that mobile...
Chime, a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Daylight, the first digital bank for the LGBT+ community, just went live in a Nov. 18 launch made possible by a big assist from Visa’s Fast Track program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Visa’s goal of building what it has called a “network of networks” reflects its view of what adds value in a global financial services ecosystem where the shared interest in doing what’s best for consumers and businesses is what drives outcomes. Collaboration and not competition,...