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...
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...
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...
In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments experimental effort in the U.K. Plus, The Libra Association has named a former HSBC executive as Libra Networks’ new chief...
Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on credit cards, car loans and mortgages, even as the pandemic rages on. Get the Full Story Complete the form to...
In today’s top news in digital-first banking, OneAZ Credit Union has signed a multi-year deal for Lumin Digital to be its digital banking technology, while an European Central Bank board member says that the next pandemic wave won’t likely hit the economy as hard. Plus,...
PSCU company Lumin Digital has announced that OneAZ Credit Union has signed a multi-year commitment for Lumin Digital’s cloud-based platform to be the credit union’s (CU’s) digital banking solution, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...
European digital bank Revolut, the continent’s largest such institution with 13 million users, is close to applying for a U.S. banking license, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Earnings season will pull back the curtain on where banks stand amid the pandemic — not just in terms of trading revenues amid rocky (to put it mildly) equities and fixed income markets. And not just in terms of loan losses. Get the Full Story...
