Banking

Banking
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital. Plus, Mexican FinTech Credijusto has purchased Mexico City-based Banco Finterra. Get the Full Story Complete the form to unlock this...

Banking
Today In Digital-First Banking: LetUs, CheckAlt Collaborate On Streamlined Check Payments; Hanseatic Bank Works With...
June 15, 2021

In today’s top news in digital-first banking, LetUs By RentMoola has collaborated with CheckAlt, while Hanseatic Bank has unified its authentication processes with help from Entersekt and Netcetera. Plus, DailyPay is working with PNC Bank and The Clearing House on real-time payments of earned income....

Banking
NEW REPORT: Open Banking Accelerates EU Merchants New eCommerce Plans
June 14, 2021

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Banking
Today In Digital-First Banking: Bank of America Rolls Out Pay To Card; State Street Considers...
June 11, 2021

In today’s top news in digital-first banking, Bank of America is expanding its business-to-consumer (B2C) payment offerings, while State Street’s exchange-traded funds business is considering how it can harness increasing consumer demand for digital tokens like bitcoin. Plus, The China Banking and Insurance Regulatory Commission...

Banking
Galileo CTO: Banks Need Shortcut To Cloud APIs To Power Next-Gen Financial Services
June 11, 2021

Not so long ago, legacy core systems operated on-premise were a point of pride, and were often at the heart of the mainstream financial businesses that operated them. Increased expectations and evolving customer needs, however, are forcing financial businesses to move beyond legacy core systems....

Banking
Bank Branches Need To Be More Like Apple Stores
June 10, 2021

The pandemic that changed everything is probably the essential truism of the year 2021, a change that can largely be summed up with a single word: digitization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Banks Seek To Temper Deposits From Corporates
June 09, 2021

Banks have hit a ceiling on the amount of deposits they want to carry from companies — so much so that banks don’t know what to do with them, The Wall Street Journal reported Wednesday (June 9). Get the Full Story Complete the form to unlock this...

Banking
Plaid Launches Capital One Open Finance Partnership
June 09, 2021

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital One API. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does
June 09, 2021

According to PYMNTS’ Making Loyalty Work For Small Businesses produced in collaboration with Pollinate, nearly half of consumers said they think it is critical to shop locally in order to invest in their local economies, 44 percent said it is important because it helps keep...