Banking

Banking
Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
July 14, 2022

Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
July 13, 2022

Uprise, a FinTech which aims to help Gen Z manage money in a “digital family office,” has launched after raising $1.4 million in a seed funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
More Consumers Grow Weary of the Unbundled Bank
July 13, 2022

American consumers have embraced financial services’ ongoing digital transformation and the multiple payment options at their disposal. Because it has become so easy for consumers to move accounts to another financial institution (FI), bank or neobank, all financial services providers must ensure they provide their...

Banking
PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
July 12, 2022

In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look at Bahrain, one of six Arab States in the union that consists of Kuwait, Oman, Qatar, Kingdom of Saudi Arabia...

Banking
P2P Payments Fraud Suggests Liability Gray Area
July 12, 2022

Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
July 08, 2022

The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context of accessing account data, broadening the scope of access means redefining what type of organization is allowed to make access...

Banking
89% of Financial Institutions Offer Corporate Clients Account Validation
July 06, 2022

Financial institutions (FIs) are working to help their corporate clients address their B2B payment challenges. 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,...

Banking
Balancing Profit, Sustainability Can Woo UK Millennials, Gen Z Customers From High Street Banks
July 05, 2022

Eighty-four percent of the entire U.K. population still banks with the top seven high street banks, which include the “Big Four” clearing banks: Barclays, Lloyds, HSBC, and NatWest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Ion Bank, Lincoln 1st Bank Complete Merger
July 03, 2022

The parent companies of Connecticut’s Ion Bank and New Jersey’s Lincoln 1st Bank announced Friday (July 1) that they have completed their previously announced merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...