To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. Get the Full Story Complete the form...
It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because fashioning new payments initiatives must mean paying attention to the small details and approaching it...
Plaid introduced its Plaid Deposit Switch beta product, which lets users set up or modify the destination of their paychecks. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding, according to a Thursday (Jan. 28)...
The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorgan Chase plans to roll out a digital retail bank in the United Kingdom, which will have offerings and functionalities designed to meet the requirements of British customers through a mobile app, according to a Wednesday (Jan. 27) announcement. Get the Full Story Complete the...
“If we look back at the last few years, we have been approaching a tipping point for banks and FinTechs to collaborate to bring instant digital payments to ubiquity,” says Drew Edwards, CEO of Ingo Money. “My wish for America and the world in 2021...
One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to...
In the bid to hasten their digital transformation, when it comes to innovation, financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Tom Blomfield, founder of Monzo, is leaving the U.K. challenger bank, citing “challenges” from the pandemic, a report from TechCrunch says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
