Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), is in talks about letting online banks operate in the city. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
When it comes to long-term consumer relationships, few businesses can top banks. They tend to keep ties with consumers over decades — and, sometimes, those ties can last generations for families. At the same time, financial institutions (FIs) typically know much less about their customers...
SecureKey Technologies Inc., an identity and authentication provider, has announced that its Verified.Me digital ID system is now available at five Canadian banks in a mobile app, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...
Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced. Get the Full Story Complete the form to unlock...
Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A customer looking to open a new bank account is often in for a somewhat bumpy process. There are a lot of redundant forms and, in some cases, a few venue changes. For example, the process might start online, but then the customer is forced...
Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Small banks that rely on technology providers Fiserv, FIS and Jack Henry & Associates are starting to revolt, arguing the companies are making it more difficult for them to compete against larger banks. Get the Full Story Complete the form to unlock this article and...
After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital banking. Though narrow in feature and scale, those initial apps put personal finance management at users’ fingertips. Twelve years later,...