Land rushes. Gold rushes. Now comes the rush to digitally onboard consumers who, driven by the fear of touching things that could be contaminated with COVID-19, are turning in droves to online solutions. Get the Full Story Complete the form to unlock this article and...
In one of the signs of where we are and where we are headed in the warp-speed transformation of digital banking, consider the internet meme that poses a multiple-choice question and series of answers. Get the Full Story Complete the form to unlock this article...
In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of respondents said they are “very” or “extremely” likely to consider a firm’s digital offerings when deciding where to spend their...
Affirm has debuted a high-yield savings account called Affirm Savings, according to an announcement. 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...
Saxo Bank has partnered with five other banks in what it says is a way to help more customers access Saxo’s trading and investment solutions, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. 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...
Isn’t it surprising to know that 70 percent of financial institutions are just now adopting cloud computing solutions? Or how about this fact: over 90 percent of the world’s top 100 banks still use physical mainframes running 20th century style. So, what’s holding up the...
The COVID-19 crisis continues to upend the economy, including even the world of digital banking. 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,...
Great idea, perfect timing. That about sums up the enviable position in which digital-first banking finds itself post-pandemic, given the mass epiphany of the past three months: you don’t have to physically go near a bank to access the most advanced banking features available. Get...