The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and besides, it’s our job. We like getting paid. Get the Full Story Complete the form to unlock this article and...
The report “Digital Banking: The Brewing Battle for Where We Will Bank,” a PYMNTS and Optherium collaboration, surveyed 2,225 U.S.-based consumers to gauge their impressions of, and intentions to use, digital banking services. Get the Full Story Complete the form to unlock this article and...
London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
An independent investigation set up by the Competition and Markets Authority (CMA) found that the Open Banking Implementation Entity (OBIE) has had poor governance and didn’t stop bullying and intimidation of staff, Reuters writes. Get the Full Story Complete the form to unlock this article...
Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
British bank Virgin Money UK Plc is closing almost one-fifth of its branches in the next few months to ramp up its digital and mobile presence, according to a Bloomberg report Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article...
Global FinTech Fiserv on Wednesday (Sept. 29) announced it will open a new office in Berkeley Heights, New Jersey, expanding the company’s presence in the Garden State. In the process, the firm will adding about 2,000 jobs, mostly in tech-related positions. Get the Full Story...
The U.K.-based digital bank Starling plans to offer its Banking as a Service across Europe, including France, Germany, the Netherlands and Spain, in the first half of 2022, according to a Crowdfund Insider report on Wednesday (Sept. 29). Get the Full Story Complete the form...
