Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe they solve a problem and embrace it, or they go somewhere else that offers those features and functions. Get the Full Story Complete the form to...
If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that the consumer has remained remarkably resilient. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Would it surprise you to learn that Gen Z consumers — the oldest of whom turn 24 this year — are the most likely of all demographic groups to seek information on life insurance? Coming out of the COVID-19 episode, few things are truly surprising...
German digital bank N26 is getting into the insurance business and has its sights set on tackling some of the industry’s biggest players, CNBC reported on Tuesday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top news in digital-first banking, Citi announced that its application programming interface (API) connectivity platform has processed more than 1 billion API calls since its 2017 launch, while consumers increased their expectations for spending, inflation and home prices. Plus, Mastercard and Doconomy have...
Physician, heal thyself — financially. Student debt in times of financial stress can be a crushing burden. That’s especially true for individuals who have chosen careers in the medical profession, where the average medical school debt can top more than $215,000. Get the Full Story...
The Federal Reserve’s latest weekly survey showed that the 25 largest banks in the U.S. reduced their loan-to-deposit ratio to 53.9 percent, the lowest in the 36 years that the data has been collected, Bloomberg reported on Monday (April 12). Get the Full Story Complete...
Citi announced on Monday (April 12) that its application programming interface (API) connectivity platform has processed over 1 billion API calls since launching in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
All revolutions have leaders. But what about the open banking revolution — the one across the pond in the U.K.? Well, that’s going to be led by the merchants, as Francesco Simoneschi, co-founder and CEO of TrueLayer, told PYMNTS’ Karen Webster in a recent interview....