The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context of accessing account data, broadening the scope of access means redefining what type of organization is allowed to make access...
The parent companies of Connecticut’s Ion Bank and New Jersey’s Lincoln 1st Bank announced Friday (July 1) that they have completed their previously announced merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1). Get the Full Story Complete the form to unlock this article and...
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Remy Carole, V.P. of operations at Treasury Prime, told PYMNTS in a recent interview that embedded finance — the ability of FinTechs and other enterprises to offer banking services to their end customers — can have positive ripple effects across entire ecosystems. Get the Full...
In the world of open banking and open finance, core banking systems are no longer just a concern for the world’s biggest banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In this month’s "Embedded Finance Tracker," Brex COO Michael Tannenbaum tells PYMNTS how traditional lenders are using embedded finance to give customers the digital experiences they want, but also to level the playing field with hard-charging FinTechs.
Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and “anti-consumer behavior.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
