Migration to mobile and digital banking ramped up during the pandemic. This we know. Signs are that it’s a hit with consumers. Many have shifted for keeps. This we are finding out. Get the Full Story Complete the form to unlock this article and enjoy...
An upstart FinTech founded by a former Goldman Sachs trader has wrapped up a deal to acquire a brick-and-mortar bank in Minnesota. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Plaid is doubling down on its push to connect banks to FinTechs and their customers with a new, instant account update feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
More money crossing borders digitally. Fewer correspondent banks to move that money. And the hallmark of that money movement — a lack of transparency and speed. What might replace a clunky system in a world where payments are becoming ever more global? Get the Full Story Complete...
Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. Get the Full Story Complete the form to unlock this article and enjoy...
Consumers are doing a lot more of everything online these days, from ordering groceries and furniture to splurging on subscriptions for designer socks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that allow financial institutions (FIs) and their clients to participate in a real-time payments space that is expected to reach nearly...
With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures fall below a legal limit, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock...
Many financial institutions (FIs), including some of the world’s biggest, found out the hard way that core legacy banking systems were not immune from COVID’s unpredictable effects on network volumes and server workloads as the population moved life online, including banking. Get the Full Story...
