Banking

Banking
Elan: Redefining How To Reach Existing And Potential Cardmembers
October 22, 2020

When the pandemic hit, Elan recognized the need to help its 1,300+ banking partners adapt and adjust so they could better serve their own customers. SVP and GM John Owens breaks down how the firm has helped its partners deliver an improved experience, including “modernized...

Banking
Using P2P Payments To Bank More Of The Unbanked
October 22, 2020

Although lower costs and increased availability of new peer-to-peer (P2P) payment systems have allowed more first-time users to enjoy the ease and benefits of the banking system, the fact remains that 1.7 billion adults are still “unbanked.” Get the Full Story Complete the form to unlock...

Banking
Volante Lands Deal To Modernize Banorte’s Cross-Border Payments Systems
October 21, 2020

Volante Technologies, which works in cloud payment processing and messaging, has landed a big new client, Grupo Financiero Banorte. 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...

Banking
Today In Digital-First Banking: Interra Inks Deal With Lumin Digital; Westpac Group Joins Forces With...
October 21, 2020

In today’s top news in digital-first banking, Interra signed a multi-year deal with Lumin, while Australia’s Westpac Group is teaming with buy now, pay later (BNPL) company Afterpay on banking services. Plus, Brazil’s government is reportedly intending to roll out an initial public offering (IPO)...

Banking
New Lottery-Linked Savings Accounts Are Fun … And Growing
October 21, 2020

A New York-based startup is shaking up the stodgy world of banking by offering customers a chance to win prizes as an incentive to save money. Adam Moelis, co-founder and CEO of Yotta Savings, told PYMNTS that the idea of rewarding savers makes sense, given how much people...

Banking
European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services
October 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Today In Digital-First Banking: Google Cloud AI Tech Digitizes Mortgage Doc Processing; Fed Chair Calls...
October 20, 2020

In today’s top news in digital-first banking, Google Cloud is aiming to fuel innovation in the mortgage industry, while Federal Reserve Board Chair Jerome Powell sounded a cautionary note on the bank’s potential launch of a digital currency. Plus, the number of Americans without bank accounts...

Banking
Afterpay Teams With Westpac To Offer Banking Services
October 20, 2020

Australia’s Westpac Group is partnering with buy now, pay later (BNPL) firm Afterpay to introduce its new banking-as-a-service (BaaS) platform to Afterpay customers, Westpac said in a statement on Tuesday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy...

Banking
FDIC: US Bankless Rate Set To Rise If Pandemic Continues
October 19, 2020

The number of Americans without bank accounts is expected to spike again in the wake of the coronavirus pandemic after hitting a low last year, according to a new report by the Federal Deposit Insurance Corp (FDIC). Get the Full Story Complete the form to...