Banking

Banking
Umba CEO: Emerging Markets’ Legacy Banking Systems Begging for All-In-One Fix
April 15, 2022

“The typical legacy bank isn’t a technology company. They are purchasing a core banking system from a vendor that sells to banks around the world.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
44% of Consumers Say Their Digital Financial Accounts Are Not Highly Integrated
April 13, 2022

Consumers who use online accounts with their financial services providers access those accounts in a variety of ways — using computer browsers, mobile device applications, mobile device browsers or all of the above. Get the Full Story Complete the form to unlock this article and...

Banking
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
April 12, 2022

Earnings season comes like clockwork. 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...

Banking
FIS Announces Banking-as-a-Service Hub for Financial Institutions
April 12, 2022

Financial technology firm FIS unveiled its Banking-as-a-Service (BaaS) hub Tuesday (April 12), a tool the company said provides “a full suite of banking and payments capabilities for institutions of all sizes.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Nigerian Central Bank Grants Mobile Banking License to MTN to Operate Momo Payment Service Bank
April 11, 2022

The Central Bank of Nigeria (CBN) has approved a mobile banking license for South African telecom MTN, allowing it to operate as Momo Payment Service Bank Limited (Momo PSB), according to a Monday (April 11) Ripples Nigeria report citing a statement from the bank signed...

Banking
In Battle Between Banks and FinTechs, Pairing Strengths Is Path to Super Apps, Shared Prosperity
April 11, 2022

Consumers’ trust is in place. 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...

Banking
Nigerian Central Bank Gives Approval for DLM Capital to Buy Links Microfinance Bank
April 11, 2022

DLM Capital, a leading development investment bank, has gotten the final approval of the Central Bank of Nigeria (CBN) to buy Links Microfinance Bank, a report says, which will make it further ensconced in its position to launch a digital banking program. Get the Full...

Banking
Bank Deposits to See 80-Year Decline as Consumers Move Cash Stockpiles
April 11, 2022

U.S. banks might see deposits decrease for the first time in several decades, The Wall Street Journal wrote Sunday (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
US Banks Expect Q1 Earnings Dip as Ukraine Conflict Chills Investment
April 08, 2022

The first quarter was unkind to the nation’s banks. 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,...