Banking

Banking
New Banking Infrastructure Needed To Bank Today’s Crypto ‘Unbankables’
October 20, 2021

The growing interest of mainstream businesses in digital assets is a turning point of sorts for this new asset class, signaling a new era of legitimacy for these digital currencies and the blockchain technology they ride. Get the Full Story Complete the form to unlock...

Banking
HSBC Will Roll Out BaaS Platform
October 19, 2021

HSBC is rolling out a Banking as a Service (BaaS) platform that will “enable customers to create and provide business banking services through their own platforms,” with a little help from cloud ERP system Oracle NetSuite, according to a Tuesday (Oct. 19) announcement. Get the...

Banking
AI-Powered Tech Essential to Keep Pace With Consumer Digital Banking Expectations
October 19, 2021

The only thing rising faster than digitally connected banking is the increasing consumer expectations that surround those services. In the latest Digital-First Banking Tracker, Ally Financial's Sathish Muthukrishnan discusses how tools such as virtual assistants and wearable devices can help close the gap.

Banking
Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
October 14, 2021

Perfinal, the Hungarian core banking provider, says its new platform will be ready for central bank digital currencies (CBDCs), a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Bottomline Unveils Bank Payments Tracking Service via Swift API
October 12, 2021

Bottomline, which provides financial technology to simplify business payments, has announced a new application programming interface (API)-based payments tracking service, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021

Seems like yesterday we were looking toward second-quarter earnings reports. 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...

Banking
Jack Henry Announces Partnership With Open Banking Firms
October 12, 2021

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...

Banking
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
October 12, 2021

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 Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021

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...