Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. 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,...
In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Plus, payment startup SumUp has been granted a new electronic money license from...
Amid the continued grappling with the economic headwinds of the coronavirus, lenders are navigating choppy waters — but defaults may loom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It is not just Big Pharma that is reaping a windfall from the positive news on the COVID-19 vaccine front, but big banks as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top news in digital-first banking, banks have tightened their loan standards per a survey from the Federal Reserve, while a watchdog organization warned banks about the risk of outsourcing key technology. Plus, Mizuho Financial Group is the latest bank to try to cash...
An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the possibility of systemic risk arising from concentration in the provision of some outsourced” services to financial institutions (FIs). Get the...
In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let it meet “promises of efficiency, affordability and financial inclusion,” according to a Friday (Nov. 6) announcement. Get the Full Story...
Starling Bank is pushing ahead with plans to raise another $263 million as the U.K.-based digital bank looks to fuel additional expansion in its home market while eyeing an initial public offering (IPO) down the line. Get the Full Story Complete the form to unlock...