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...
Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a close look at their technology stacks. “We’ve been talking about the need for banks to upgrade and update their legacy...
FinTechs have emerged as disruptors in the financial industry, offering consumers a wide range of services. However, a recent report titled “The Issuers Report 2023: FinTechs’ Instant Payments Mismatch” reveals a discrepancy between what FinTechs believe consumers want and what consumers actually prioritize. The report,...
Silicon Valley Bank (SVB), a division of First Citizens Bank, has unveiled a range of new and updated products and services. Since its acquisition by First Citizens, SVB has continued to invest in digital solutions and efficiency tools, the bank said in a Monday (Oct. 23) press...
Many apps slipped in PYMNTS’ Provider Ranking of Digital Banking this month. Revolut secured the top spot, beating Chime down a few rankings. Let’s get into the scores. The Top 5 Revolut won this month’s top spot at No. 1 with a perfect score of...
LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” The move will result in savings of about $30 million to $35 million compared to the second quarter, the digital marketplace bank said in a...
Revolut has launched the latest version of its app — Revolut 10 — for its more than 35 million global accountholders. “You asked for all things money made easy, so we challenged ourselves to see how easy we could make Revolut 10,” the neobank said in a Tuesday...
