California-based challenger bank Aeldra has chosen i2c Inc. to fuel its digital private banking services. The mobile bank, which was started by neo bank veterans, is seeking to reach affluent global clients with household incomes of over $100,000, according to a Tuesday (Dec. 15) announcement e-mailed to...
That banking customers migrated to smartphones and apps in droves as a matter of necessity is now a matter of history. Going forward, digital experience is what banks, financial institutions (FIs) and merchants will be judged on. The time for being a laggard in this...
In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four new crypto tokens. Plus, Cleo has notched $44 million in Series B financing in a round headed up by EQT...
DoorDash and Payfare are collaborating to launch the DasherDirect banking solution for delivery drivers (Dashers), which aims to give them greater flexibility over earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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It’s been a busy year in digital banking as the pandemic has driven consumers online to manage as much of their day-to-day lives as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumers are looking for digital-first banking tools, but banks can’t put all their eggs into one digital basket. In the latest Digital-First Banking Tracker, Eric Schuppenhauer, president of consumer lending and national banking at Citizens Financial Group, discusses the need for cohesive omnichannel experiences that...
In today’s top news in digital-first banking, digital currency payments company BitPay has filed to become a national bank in the United States, while U.S. Bank is introducing complimentary eCards for users sending funds. Plus, the chief financial officer of Citigroup says the bank is...
Citigroup Chief Financial Officer Mark Mason says the bank is more likely to report loan loss reserve releases than builds as of the fourth quarter, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
