The Central Bank of Nigeria (CBN) has approved a mobile banking license for South African telecom MTN, allowing it to operate as Momo Payment Service Bank Limited (Momo PSB), according to a Monday (April 11) Ripples Nigeria report citing a statement from the bank signed...
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DLM Capital, a leading development investment bank, has gotten the final approval of the Central Bank of Nigeria (CBN) to buy Links Microfinance Bank, a report says, which will make it further ensconced in its position to launch a digital banking program. Get the Full...
U.S. banks might see deposits decrease for the first time in several decades, The Wall Street Journal wrote Sunday (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The first quarter was unkind to the nation’s banks. 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,...
About half of consumers say their digital financial services accounts are “highly integrated,” meaning it’s relatively easy in most cases to transact, make payments and see transaction histories across accounts and channels, according to new PYMNTS research. Get the Full Story Complete the form to...
For banks, overdraft fees and at least a few other revenue streams are shrinking, even disappearing in many cases. 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...
Discover is introducing a checking account with cash-back rewards, early access to paychecks and a mobile-first digital banking experience, according to a Wednesday (April 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It would not be a stretch to say the pandemic has been a “forced experiment” of sorts into how we’ll continue to adopt technology into a range of financial services, for individuals and enterprises alike. Get the Full Story Complete the form to unlock this...