Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its FinTech division, PayMaya Philippines, and expand into digital banking and financial services. Get the Full Story Complete the form to...
The economic principle of replacing existing business processes and models with innovative and more efficient ones is nothing new. In banking, it’s more recently become a burning issue, as banks’ customers and the competition have accelerated the need to think that way: a model that...
Have phone, will bank. At least that’s the theory given the right set of financial products and services. 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...
As banks move from closed to open platforms, Galileo CEO Derek White tells PYMNTS those that want to survive — and thrive — will need to develop new products, services and mindsets that will keep them in the middle of consumers who are increasingly on...
In today’s top news in digital-first banking, Fifth Third Bank introduced an offering that provides early access to paychecks, while Deposit Solutions and Raisin plan to merge to create a pan-European group. Plus, the Fed’s annual bank stress tests indicate that large banks have sufficient...
Fifth Third Bank has announced a feature giving customers of the bank’s Momentum Checking platform access to early paychecks, 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...
In today’s top news in digital-first banking, SWIFT’s new transaction management system received an endorsement from six global financial institutions (FIs), while USALLIANCE Financial has chosen the FIS Payments One system. Plus, Citi has appointed a new sales leader for Treasury and Trade Solutions (TTS). Get the...
Barely five months after abandoning its bid to buy data Plaid, Visa is again going the data aggregation route — but this time in open banking’s proverbial backyard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
If the pandemic has taught us anything, it’s that economies, firms and individuals are inextricably linked with their money. 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...
