PNC Bank will partner with cloud banking software company Blend, in order to digitize the mortgage application process, a press release said. Customers will now be able to apply digitally for a mortgage and import bank or payroll information, through providing the right credentials. The...
Merchant management platform IRIS CRM and its parent NMI have unveiled updates to their payment gateway boarding integration. According to a Tuesday (Aug. 23) news release, these updates will “consolidate workflows and greatly reduce time to processing for merchants, making it the first and only...
Uganda-based B2B FinTech Laboremus, which enables customer onboarding, has gotten funding to help it expand its product offerings, a press release said Friday (May 27). The companies providing the funding are DOB Equity and FCA Investments. Laboremus’ work involves a software-as-a-service (SaaS) which helps FinTechs...
Global digital security and privacy firm Avast is planning to acquire digital identity and authentication company SecureKey Technologies for undisclosed terms, according to a press release on Thursday (March 24). SecureKey offers next-generation privacy-enhancing services that focus on streamlining access to online services while ensuring...
The pandemic changed the way we do banking for good. It’s not just about the shift to a more digital form of banking. The pandemic also made things more competitive as an array of FinTechs and online platforms arrived to offer customers increasingly innovative financial...
Nevada gamblers can now remotely establish and fund cashless gaming accounts before heading to casinos following a regulation change unanimously approved by the Nevada Gaming Commission during a hearing in Las Vegas, according to a Thursday (Jan. 20) press release. “We balance the need for...
Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial industry as many begin to seek out banks for the first time. Most of these consumers prefer to bank with...
Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online. Many of these customers have embraced online financial services for the first time and have had to undergo onboarding, which all...
More consumers are primarily interacting with their banks through online and mobile channels than ever before, meaning they are also looking online first when searching for a new FI or additional financial services. These consumers are also coming to FIs’ online platforms expecting to complete...