The banking needs of most small- to medium-sized businesses (SMBs) typically aren't that complicated, as most want easy access to specific loan and payment tools, and 'a la carte' choices to fill in any service gaps. In the Next-Gen Commercial Banking Tracker, Bank Independent’s Kelly...
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...
Avant, a FinTech focused on getting credit access for middle-income consumers, announced Thursday (Dec. 16) that is has expanded its portfolio with the launch of Avant Banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Citi Treasury and Trade Solutions has upgraded its Citi Present and Pay eBill payment platform with new features, including Citi Verify, an instant account verification tool, and e-bill distribution capabilities through Request for Pay messaging, the real-time payment system from The Clearing House, according to...
The number of U.S. banks has dropped from an all-time high of 30,456 in 1921 to 4,377 at the end of 2020, a drop of 86% — and that decline isn’t likely to end, said William R. Emmons, an assistant vice president and lead economist...
As firms, their customers and their financial partners race to keep up with the growing appetite for emerging digital tools, one concept that promises to shape the future of payments is embedded finance. Get the Full Story Complete the form to unlock this article and enjoy...
Although digital payment methods are now routinely used to purchase goods and services, some consumers who are concerned about protecting their bank accounts and personal information may resist using third-party apps that are connected to their bank accounts. Get the Full Story Complete the form to...
The U.K.’s Financial Conduct Authority (FCA) has scrapped the 90-day reauthorization requirement, a move seen as a boon for the open banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its own stamp on the practice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
