Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. These are just some of the financial institutions that are reducing their brick-and-mortar footprints: Get the Full Story Complete the form to unlock this article and...
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U.S. banks aren’t fooling themselves — they’re likely in for a long stretch of low interest rates putting a burden on their profits, the Financial Times (FT) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
On a day that saw a stock market rout – particularly on the tech-heavy Nasdq, which was down 1 percent – in at least some areas of finance, investors remain sanguine. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going public. Plus, EVO Payments Inc. has rolled out EVO Express Deposit push payments technology. Get the Full Story Complete the...
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out its new Bread merchant services network. Plus, Acumatica has introduced features for its Acumatica Cloud...
“Pandenomics” may usher in a new age for mobile check capture and deposits. 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 our daily newsletter, PYMNTS Today....
In today’s top news in digital-first banking, Tesco Bank has introduced an online payment platform for credit card customers, and Square has rolled out on-demand payroll. Plus, Monit is rolling out its mobile finance platform for owners of small businesses. Get the Full Story Complete...
To meet consumers where they want to bank — across mobile devices wherever they may be — financial institutions (FIs) must focus on re-tooling their core services in the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
