Neobanks have spent years proving they could attract users. And now, there are indications that scale is translating into durable banking economics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Federal Reserve will have a third-party review the March 2023 collapse of Silicon Valley Bank, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Friday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Digital bank users are not simply early adopters of new payment methods. They represent a distinct slice of the U.S. banking population, shaped by age, income, education and daily payment habits in ways that set them apart from customers of traditional banks. Get the Full Story Complete the form...
The 21st century has seen a shift in how nonbanks enter the financial system. 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...
Revolut has added Peru as the next stop in its ongoing Latin American expansion effort. 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,...
Today’s financial institutions aren’t racing to adopt the latest technology for bragging rights. Instead, they are homing in on the customer journey as the benchmark of meaningful change Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
All banks talk about using technology to lower costs; esh Group is wagering customers should see the results. The Israel-based, digital-only startup says it will pay account holders every week by splitting the bank’s net interest income evenly with them. Get the Full Story Complete...
Nubank said Tuesday (Sept. 30) that it applied for a U.S. national bank charter as it explores opportunities to expand its digital banking platform beyond Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
UK FinTech Revolut has launched a high-yield savings account for American customers. 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 Today. By...
