U.K. neobank Monzo has dramatically increased its spending on an effort to woo new customers. 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....
Lending by banks to businesses in the U.K. has reportedly reached a 28-year low. 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...
Before a bank branch disappears, apparently, it must first become Barbie’s dream collateral. 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....
Standard Chartered is undertaking sweeping job cuts as it increases its focus on AI. 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....
A Discovery Bank client does not need to ask their banking app a question to get a financial recommendation. The app is already watching. It reads spending patterns, savings milestones and transaction activity and surfaces personalized next-best actions in real time, Microsoft reported. That continuous...
The bank app is no longer just a utility for checking balances or paying bills. Increasingly, it is becoming the control center for customer engagement, rewards visibility, spending management and card loyalty. Get the Full Story Complete the form to unlock this article and enjoy...
The term “small business” has traditionally functioned as a sort of economic shorthand. Banks, payment companies, FinTech firms, and even policymakers spoke about small-and-medium-sized businesses (SMBs) as if they formed a single commercial bloc moving through the economy at roughly the same speed and under...
Revolut is offering employees across all departments 1,000 pounds (about $1,330) if they bring businesses to the digital bank as it expands its business banking offerings, Bloomberg reported Friday (May 15), citing a memo sent to staff by Revolut CEO Nik Storonsky. Get the Full...
European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...