BNY Mellon announced Tuesday (April 9) the appointment of three executives to help oversee the digitization strategy at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented...
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where legacy systems hamper results – but mindsets matter, too. Amir Wain, CEO of i2c, weighs in on why it's crucial to picture the...
German-based banking app N26, geared toward younger customers and backed by notable billionaires like Peter Thiel and Li Ka-shing, wants to expand beyond Europe while keeping product offerings simple, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. Get the Full Story Complete the form...
Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
