“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...
Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. At the same time, however, big problems are building over their earlier loans to small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this...
Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. 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...
Lisa Shields, founder and CEO of FISPAN, shares her hopes and predictions for the future of banking and payments in 2021. “Initiatives like open banking can help unlock financial data for small businesses and let them share it with many potential lenders,” she says in...
European Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard in 2021 by fallout from the COVID-19 pandemic as weakened businesses slide into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
