By the official numbers, there are 33 million unbanked and underbanked consumers in the United States. 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, Bank Negara Malaysia could issue up to five licenses for digital banks by the first quarter of 2022, while the Eastern Caribbean Central Bank (ECCB) has debuted its DCash digital currency on the heels of the launch of...
In today’s top news in digital-first banking, Peoples Bancorp and Premier Financial Bancorp will combine in an all-stock merger, while PSCU will provide credit processing support for Credit Union of Texas as part of an expanded partnership. And Alabama-based Citizens Bank & Trust has selected...
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...
Loans have served as lifelines for SMBs during the pandemic, but accessing these funds often requires navigating legacy onboarding systems and friction-filled fraud-prevention measures. In this Digital-First Banking Tracker, Sam Sidhu, vice chair and chief operating officer at Customers Bank, explains how banks can leverage...
Financial institutions (FIs) are turning their focus to the post-pandemic world and contemplating the measures that will need to be taken in a radically changed environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application for a U.S. banking license. Plus, bank loans continue to drop even with a rise in assets. Get the Full...
In today’s top news in digital-first banking, Sharonview Federal Credit Union has collaborated with Elan Financial Services on a credit card program, while BrightFi is joining forces with i2c to offer mobile financial services to underbanked and unbanked consumers. Plus, Chime is holding early talks...
In a sort of financial “Scooby-Doo” moment, J.P. Morgan Chase CEO Jamie Dimon ignited controversy in mid-January, telling managers of the global banking behemoth that when it comes to FinTechs, “absolutely, we should be scared s—less” about these entities. Get the Full Story Complete the...
