The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets and laptops, banking has lagged a bit. As PYMNTS research has shown, roughly 45 percent of account holders use online...
The Italian bank Aigis went belly up following the Greensill Capital debacle involving GFG Alliance invoices, Financial Times (FT) reported on Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Square is said to be getting ready to provide savings accounts and checking accounts to small- to medium-sized business (SMB) customers, Bloomberg reported Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The typical guiding principle behind banking has been “by the bank, for the bank” — where financial institutions (FIs) have focused on selling products rather than building customer experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Revolut Business, the business account from the FinTech super app Revolut, has rolled out currency forward contracts (FX forwards) in Great Britain, according to a Thursday (May 20) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...
The differences in open banking — here and across the pond — stand in stark relief. In the U.K., it’s mandated. In the U.S., it is the free market that is determining open banking’s evolution. Get the Full Story Complete the form to unlock this...
Florida-based U.S. Century Bank chose NCR Corporation to enhance the online banking experience for companies and individuals, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Goldman Sachs is planning to launch an app in the U.K. for customers of its digital bank Marcus and also has plans in the works to offer automated investment management, FinTech Futures reported. Get the Full Story Complete the form to unlock this article and enjoy...
A new commitment from Wells Fargo will try and help underbanked individuals with affordable, easy bank accounts, according to Reuters on Monday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
