A new Citi study shows that 44% of participants think the settlement timeframe for equities will likely be T+1 in the next five years, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...
We are moving toward the age of the super app, toward payments being embedded within experiences rather than being separate from them. For the smaller firms and FinTechs that want to bring banking services to end users and extend their brands in the process, the...
The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and besides, it’s our job. We like getting paid. Get the Full Story Complete the form to unlock this article and...
The report “Digital Banking: The Brewing Battle for Where We Will Bank,” a PYMNTS and Optherium collaboration, surveyed 2,225 U.S.-based consumers to gauge their impressions of, and intentions to use, digital banking services. Get the Full Story Complete the form to unlock this article and...
London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
An independent investigation set up by the Competition and Markets Authority (CMA) found that the Open Banking Implementation Entity (OBIE) has had poor governance and didn’t stop bullying and intimidation of staff, Reuters writes. Get the Full Story Complete the form to unlock this article...
Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
British bank Virgin Money UK Plc is closing almost one-fifth of its branches in the next few months to ramp up its digital and mobile presence, according to a Bloomberg report Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article...
