Neobanks have spent the better part of a decade refining digital-first models and then attempting to transplant them into new markets—with at least some strategy that what works in in one geography would travel cleanly into another, as living life digitally is a global phenomenon....
JPMorgan Chase has launched a program aimed at boosting economic opportunity around the U.S. 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....
Money transfer FinTech Wise is making a new push into the banking space. 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...
Citigroup is considering acquiring a major U.S. regional bank or a brokerage, Bloomberg reported Friday (March 27), citing unnamed sources and adding that Citigroup said the report was “baseless speculation.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The earliest interactions between a consumer and a financial provider rarely take place in a branch, and the account opening is just the beginning. The most important moment, arguably, happens when money arrives into accounts, and ease of fund flows and accessibility carry weight that...
German embedded finance platform Solaris is cutting 20% of its workforce, about 80 roles out of 400, as it transforms itself into an “AI-native bank,” Tech.eu reported Wednesday (March 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Wells Fargo said Thursday (March 26) that less than three years after it launched its artificial intelligence-powered virtual assistant Fargo, the assistant has helped customers with more than 1 billion transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Neobanks have spent years proving they could attract users. And now, there are indications that scale is translating into durable banking economics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
UK-based FinTech Revolut says its subscription income helped drive record profits last year. 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....
