Last month, Deutsche Bank AG mistakenly sent €28 billion ($35 billion) to an exchange. 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...
From fraud prevention to customer service, AI is transforming how banks do their day-to-day business, says Ken Wong, head of OCBC Bank’s AI lab – and banks that aren’t ready to adopt the tech will soon fall behind. In the latest Digital Banking Tracker, Wong...
Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital banking technology is turning the financial industry on its head. Get the Full Story Complete...
Barclays, gearing up to drive more innovation, and thus profit, in its U.K. business is creating a venture capital-type unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some cases, measured year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In an effort to help credit unions provide digital-first services to consumers, CO-OP Financial Services announced news on Thursday (April 12) that it is launching enhancements to its ATM Terminal Driving solution, including new personalization capabilities and upgraded hardware and software support. Get the Full...
Exeter Finance, the direct lender that lends money to people with a subprime credit score — as well as other nonbank financial companies — have seen their bank loans jump over the past seven years as big banks find it a safer way to access the...
By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making...
