Banking

Banking
Wells Fargo On How Open Banking APIs Can Help Meet Rising Consumer Payment Expectations
July 06, 2021

Consumers are now more loyal to payment methods than to merchants — meaning retailers can no longer afford to guess which payment types matter to customers. In the latest U.S. Open Banking Tracker, Imran Haider, head of open banking at Wells Fargo, explains how open...

Banking
Report: Merchants See Open Banking As Path To Personalizing Consumer Experiences
July 02, 2021

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...

Banking
Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
June 30, 2021

DeFi, maybe – but in some respects, it looks a lot like traditional finance. 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...

Banking
Data Helps De-Stress The Consumer’s Lending, Borrow, Savings Process
June 30, 2021

“Bank is no longer a place you go — it’s a thing you do,” LendingClub Financial Health Officer Anuj Nayar told PYMNTS in an interview. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
The Creative Destruction Of Banking: Aspiration Or Ultimatum?
June 28, 2021

The economic principle of replacing existing business processes and models with innovative and more efficient ones is nothing new. In banking, it’s more recently become a burning issue, as banks’ customers and the competition have accelerated the need to think that way: a model that...

Banking
Underbanked Consumers Primed To Move Beyond Basic DDAs
June 28, 2021

Have phone, will bank. At least that’s the theory given the right set of financial products and services. 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...

Banking
Fifth Third Bank Launches Early Pay For Checking Customers
June 24, 2021

Fifth Third Bank has announced a feature giving customers of the bank’s Momentum Checking platform access to early paychecks, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Why Visa Thinks Tink Is The Way To Go For Open Banking
June 24, 2021

Barely five months after abandoning its bid to buy data Plaid, Visa is again going the data aggregation route — but this time in open banking’s proverbial backyard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Banks Are Finding Alternatives To Overdraft Fees
June 22, 2021

Are overdraft fees over? 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...