In today’s top news in digital-first banking, Ally is collaborating with Microsoft to advance quantum computing’s role in the financial services sector, while Norway is looking into central bank digital currencies (CBDCs). Plus, Credit Suisse Group AG posted a 31 percent year-over-year rise in net...
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 completing this form, you agree to receive marketing communications from PYMNTS and...
In today’s top news in digital-first banking, FintechOS has notched$60 million in a Series B funding round, while Citi has collaborated with Mastercard to expand its payment exchange options for institutional clients. Plus, AccessPay is at work on a new treasury solution that is fueled...
More than 161 million U.S. consumers are expected to use digital channels for banking by the end of 2021, but financial institutions (FIs) with back-end systems that are not up to snuff can struggle to handle this colossal demand. In this month’s Digital-First Banking Tracker,...
It would be difficult to find something more universally hated among banking consumers than overdraft fees. 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...
In today’s top news in digital-first banking, Philip Drury has been chosen to lead an investment banking group for Citigroup that is focused on firms in telecom, data, entertainment, media and tech, while the United Kingdom is looking at the benefits of a so-called “Britcoin”...
Digital banking has hit new highs over the past year, with one study finding that 50 percent of consumers have used digital banking apps more than they did before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs backed British FinTech Starling Bank with £50 million in an oversubscribed Series D funding round that valued the startup in excess of £1.1 billion pre-money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
German digital bank N26 is getting into the insurance business and has its sights set on tackling some of the industry’s biggest players, CNBC reported on Tuesday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
