It’s getting more difficult to picture life before banking apps. To think we used to make an actual phone call — or (gasp) go to a branch and use an ATM just to check our balance. Get the Full Story Complete the form to unlock...
The evolution of the payments ecosystem has forced the modernization of treasury functions, as firms rapidly adopt digital ways of managing the data and funds that flow in and out of the enterprise. Treasury banks play a big role in helping corporate clients navigate this...
The British digital bank Monzo has begun talks in hopes of raising at least $411 million (£300m) with eyes on a possible valuation of $4.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With innovative solutions in banking technology on the rise, consumers are expecting more secure services from their providers. The trend of changing banks has become a more appealing and accessible option than it has been in the past. PYMNTS research on the reasons people switch...
Visa has finished a $5 million investment in Open, part of the neobank’s Series C fundraise, according to unnamed sources speaking to Moneycontrol Monday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Today in digital banking, MFS Africa’s acquisition of Capricorn Digital is highlighted and spurred by payments platform Baxi. Plus, Zelle and Fiserv have collaborated to bring real-time payments to minority depository institutions, and Plaid cleans up account-to-account payments with a team of partners across myriad...
The payments processing service company Jack Henry & Associates says that three open banking platforms are the first in their industry to integrate into its Banno Digital Platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital and new backers Google, Visa, and SBI Investment, Economic Times (ET) reported, citing sources. Get the Full Story Complete the...
Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to their experience, which is a deciding factor in making a banking choice. This preference is driving the digital-only bank to...
