Digital Banking

Digital Banking
Brex Launches Brex Cash To Replace Biz Bank Accounts
October 03, 2019

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
For Better Banking, Is Consumer Control Actually Key?
October 03, 2019

Consumers want control — everybody seems to know that. 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. By completing this form,...

Digital Banking
Revolut Eyes Growth As Losses Mount
October 01, 2019

After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that in 2018, its losses doubled as a consequence of its aggressive push for global reach. The firm officially recorded a net loss of £32.8 million...

Digital Banking
How To Better Served The Unbanked In Nigeria
September 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. That can be easier said...

Digital Banking
Israel Approves New Digital Bank
September 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Digital Banking
Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
September 23, 2019

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. central bank said in a press release on Monday, Sept. 23. Get the Full Story Complete the form to...

Digital Banking
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19). Get the Full Story Complete...

Digital Banking
Wells Fargo Teams With Plaid On API-Supported Data Exchange
September 19, 2019

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. 19). Get the Full Story Complete the form...

Digital Banking
How Banks Are Using AI, ML To Fight Account Opening Fraud
September 19, 2019

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. By completing this form, you agree to receive marketing communications from PYMNTS and...