Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m. in Seoul on Friday (Aug. 6), according to multiple media reports. Get the Full Story Complete the form to unlock...
The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The days of in-person interactions with bank tellers may be becoming a thing of the past as customers overwhelmingly opt for digital experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Some of the country’s biggest financial institutions are sitting on a pile of cash and untapped credit, with JPMorgan and Bank of America holding close to $1 trillion in credit commitments, The Wall Street Journal (WSJ) reported on Wednesday (Aug. 4). Get the Full Story...
The bill pay technology that most banks offer their customers is broken. Consumers know it — and that’s why they’ve been fleeing it en masse for over a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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 marketing communications from PYMNTS and...
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 marketing communications from PYMNTS and...
With PYMNTS’ new U.S. Open Banking Tracker showing 40 percent of consumers saying they’re increasingly concerned about what happens with their personal information, it’s no surprise that bankers like Comerica’s Megan Crespi say that engagement and loyalty won’t grow until these concerns are addressed.
The lowly ATM may be the next front in FinTechs' ongoing encroachment of the financial sector. In PYMNTS' new Digital-First Banking Tracker, Arvest Bank's Jason Kincy explains how interactive teller machines (ITMs) are being used to deliver personalized service and improve loyalty.
