Banking

Banking
Avidia Bank On The Digital Approach To Meeting Customers’, Businesses’ Needs
December 29, 2020

Banks are fast-tracking digital-first banking solutions, but customers used to walking into a branch struggle to adapt, says CarrieAnne Cormier, senior vice president of retail operations and strategy for Avidia Bank. In the Digital-First Banking Tracker, Cormier explains how a cross-channel approach can help these...

Banking
Virtual Account Numbers Facilitate International Digital Banking
December 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo, said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the...

Banking
Banking Customers Take The Digital Leap With Cross-Channel Outreach
December 28, 2020

The pandemic’s end is finally in sight as vaccines are approved and distributed, but the financial industry is not out of the woods yet. More than 20,000 bank branches in the United States are expected to close by end of the year, and four U.S....

Banking
Today In Digital-First Banking: Goldman Sachs Pilots Wealth Management Program For The Masses; PayPal Waives...
December 23, 2020

In today’s top news in digital-first banking, Goldman Sachs is testing out a wealth management program for the general public, while PayPal will allow customers to cash in their next stimulus checks without a fee. Plus, the State Bank of Pakistan (SBP) is eyeing the...

Banking
Today In Digital-First Banking: Former Citi Exec Joins JPMorgan; NY Fed Says Credit Applications, Acceptances...
December 22, 2020

In today’s top news in digital-first banking, a former Citigroup executive has joined J.P. Morgan Chase to lead Channels, while results from the Survey of Consumer Expectations (SCE) Credit Access Survey were released. Plus, Plastiq has grown its platform with an offering that will let...

Banking
Banking-as-a-Service Moves Past Its Missteps To A Better User Experience
December 22, 2020

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. Increasingly, consumer and...

Banking
Today In Digital-First Banking: Gojek Invests In Indonesia’s Bank Jago; China Might Put Limits On...
December 21, 2020

In today’s top news in digital-first banking, Gojek has invested in Indonesia-listed Bank Jago, while China might place limits on bank and FinTech partnerships. Plus, the U.S. Treasury Department has proposed broad new regulations on digital currency. Get the Full Story Complete the form to...

Banking
Today In Digital-First Banking: Fiserv To Buy FinTech Ondot Systems; ESL Federal Now Live On...
December 17, 2020

In today’s top news in digital-first banking, Fiserv has signed a definitive deal to purchase Ondot Systems, while Welcome Technologies has chosen payments credit union service organization (CUSO) PSCU to provide processing services and support. Plus, ESL Federal Credit Union has gone live with real-time payments...

Banking
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects...
December 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue...