The increasing popularity of mobile banking apps, especially among younger generations, has driven the rise of digital banking. In fact, the convenience and ease of use offered by these apps have made them the preferred method of banking for many customers, with the majority of...
As earnings season rolls on, key themes from banks are emerging. Consumers are continuing to engage with their banks via mobile means, and branches are being woven tightly into the fabric of the digital experience. Filings and commentary from earnings calls last week showed that...
Bank of America has debuted an analytics tool for its CashPro digital banking platform. CashPro Insights, announced Tuesday (Jan. 9), is designed to let the bank’s corporate and commercial clients glean insights that help them make more informed treasury decisions. “In treasury and cash management, data continues to...
Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally. The Charlotte, North Carolina-based bank is making the closures based on client behavior, branch traffic, transaction volume and other factors, according to a statement emailed to...
Now that holiday spending is done, you might resolve to take control of your finances in the new year. PYMNTS’ Provider Ranking of Digital Banking Apps can help you decide what your options are to start fresh. Each month, we track metrics in the digital...
British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half of the year, Bloomberg News reported Wednesday (Dec. 20), citing an investor presentation. According to that report, those numbers would...
TD Bank Group and Plaid have partnered to eliminate the need for TD customers in Canada and the United States to share login credentials with third-party applications. With a new North American data-access agreement, these customers will be able to access and share financial information...
Entrust has launched a new digital account opening solution for banks and credit unions. The new Entrust Digital Account Opening Solution is designed to overcome barriers created by geography, technology or inconvenience that make it difficult for consumers to open an account, the company said...
Managing your finances has never been easier, with smartphones closing the gap between you and your money. But with a plethora of apps to choose from, deciding where to park your cash can be daunting. PYMNTS Provider Rankings of Digital Banking offers you a way...
