Banking

Banking
Mobile Banking, Finance Apps Muscle Up for Next Phase of Digital Shift
May 12, 2022

News of major enhancements to Google Wallet give a sense of the centrality of mobile payments and finance apps as digital shift phase two kicks in, revolving on mobile money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Customers Want FIs That Deliver In-Branch and Online Hybrid Financial Solutions
May 12, 2022

Consumers consistently prefer financial institutions (FIs) that offer a wide menu of digital solutions to deliver the frictionless payment experiences they expect, but a healthy share — a surprisingly sizable number in the millennial and Generation Z demographic — are easing off the digital accelerator,...

Banking
Why Consumers Aren’t Banking Like It’s Still 2019
May 10, 2022

We’re traveling like it’s 2019.  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...

Banking
15-Year-Olds Are Reshaping Banking and Credit, and Changes Are on the Way
May 09, 2022

The Bank of Mom & Dad (BOMD) isn’t just a sitcom line. One analysis found that parents lent their kids a collective $47 billion in 2019, mostly in the form of down payments on first homes. Get the Full Story Complete the form to unlock...

Banking
Lack of UK Bank License Thwarts Revolut’s Super App Ambition
May 06, 2022

Revolut’s quest for a U.K. banking license is the critical piece missing for the $33 billion FinTech to achieve global super app status but, its crypto approach and the war in Ukraine have stopped the process from moving forward. Get the Full Story Complete the...

Banking
ConnectOne Bank Teams With Nymbus on Digital Business Banking Platform
May 05, 2022

ConnectOne Bank, a subsidiary of ConnectOne Bancorp, Inc., on Thursday (May 5) announced a partnership with cloud-native banking technology platform Nymbus to offer digital business banking solutions, according to a joint press release. Get the Full Story Complete the form to unlock this article and...

Banking
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Bank Negara Malaysia Grants Digital Banking License to GXS Bank
April 29, 2022

Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including Kuok Brothers, with a full digital banking license, according to a Friday (April 29) press release. Get the Full Story...

Banking
PYMNTS Intelligence: How Back-End Innovation Can Reduce Costs While Improving Customer Experience
April 29, 2022

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...