"Simple digital onboarding at the ‘touch of a thumb.’ Instant access to a slew of hard-to-access data. Real-time credit decisions. Personalized customer acquisition. Nope — that’s not an alt lender, but traditional banks, if Numerated Growth Technologies CEO Dan O’Malley has anything to say about it....
Brazil is seeing a boom in financial technology, which, according to a new Goldman Sachs report, will chip away at the market share of the banks in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorgan Chase customers nationwide were prevented last week from making chase online and mobile payments due to unspecified technology issues. According to American Banker, services including bill pay and Chase Online QuickPay — the company’s peer-to-peer payment service — went down around 4:00 p.m. on...
Until very recently, the tenor of the relationship between financial services startups and mainstream banking was contentious at best and adversarial at worst. The primary narrative about the future of financial services contributed to a majority of that — the banks were the old way of...
Most of the internet users in France are forecasted to bank online this year, although few will be doing so via a mobile phone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Scandal has its costs — and as Wells Fargo shareholders learned this week at investor day, those costs can be steep and ongoing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Consumers in the U.S. expect banks to help them make better financial choices, although a new survey shows they think banks are dropping the ball when it comes to doing just that. Get the Full Story Complete the form to unlock this article and enjoy...
For regional banks, merging may be the way to go in the face of a deposit drain that will come sooner rather than later. American Banker reports that the Wall Street titan’s investment bankers are telling their clients, via confidential presentation seen by Bloomberg News, that mid-sized...
The FinTech industry’s future could depend on the outcome of a fight between the Office of the Comptroller of the Currency (OCC) and states, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
