Digital Banking

Digital Banking
TikTok’s ByteDance Bids For Singapore Banking License
June 15, 2020

The owner of TikTok, the Chinese video sharing social network, is reportedly expanding into financial services with the family that owns OCBC Bank, the global financial services corporation headquartered in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
FBI Issues Warning To Bank Mobile App Users 
June 12, 2020

As the use of mobile banking apps surges due to the limited access to banks amid the COVID-19 pandemic, the FBI is warning users to beware of cyber attacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Goldman Closes Marcus UK To New Deposits Amid Savings Surge
June 10, 2020

A global savings surge amid the coronavirus lockdowns is forcing Goldman Sachs to shut off its Marcus savings accounts to new customers in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Pandemic Leveling Playing Field Between Banks And FinTechs?
June 10, 2020

The battle between traditional financial institutions (FIs) and tech-nimble FinTech challengers has been a pitched one. 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...

Digital Banking
Digital Banks Solid In Latest Provider Rankings
June 10, 2020

App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at the top, brands are vying for position in the new digital banking boom. Get the...

Digital Banking
Open Banking By The Book
June 10, 2020

Land rushes. Gold rushes. Now comes the rush to digitally onboard consumers who, driven by the fear of touching things that could be contaminated with COVID-19, are turning in droves to online solutions. Get the Full Story Complete the form to unlock this article and...

Digital Banking
AML/KYC Fast-Tracked In Open Banking Boom
June 09, 2020

In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of respondents said they are “very” or “extremely” likely to consider a firm’s digital offerings when deciding where to spend their...

Digital Banking
Affirm Unveils High-Yield Savings Account
June 08, 2020

Affirm has debuted a high-yield savings account called Affirm Savings, according to an announcement. 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...

Digital Banking
Saxo Bank Partners With Other Banks For Better Customer Service
June 08, 2020

Saxo Bank has partnered with five other banks in what it says is a way to help more customers access Saxo’s trading and investment solutions, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...