DeFi, maybe – but in some respects, it looks a lot like traditional finance. 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...
“Bank is no longer a place you go — it’s a thing you do,” LendingClub Financial Health Officer Anuj Nayar told PYMNTS in an interview. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
J.P. Morgan will take a 40 percent ownership stake in digital bank C6 Bank, 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 — no additional logins required. yesSubscribe...
There are guideposts along the way to open banking readiness. To that end, the Euro Banking Association’s (EBA) Open Banking Working Group said on Monday (June 28) that it has debuted a report that puts forth an operating model that can help guide financial institutions...
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...
