Banking

Banking
Today In Digital-First Banking: Zeta Lands $250 Million; Together Credit Union Collaborates With PSCU
May 25, 2021

In today’s top news in digital-first banking, Zeta has raised $250 million in a Series C funding round backed by SoftBank Vision Fund 2, while Together Credit Union in St. Louis is working with PSCU for credit and debit processing support and services. Plus, Square...

Banking
Agora Services, i2c Partner On Digital Banking For CUs, Community Banks
May 25, 2021

Challenger bank Agora Services has partnered with digital payment and online banking company i2c Inc. to “provide modern digital first issuing and processing” for credit unions and community banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Square Circles Traditional Banking Services 
May 25, 2021

In the connected economy, financial services ecosystems are being woven across all points of contact – across hardware, software, mobile devices – with a digital-first (and sometimes digital-only) focus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Chase Bank: Mobile Builds Bridge Between Consumers’ Old, New Banking Habits
May 25, 2021

Despite the widespread adoption of digital banking, many consumers still prefer to do some business at the branch. One recent survey revealed while 93 percent of respondents said their bank’s website or mobile app meets their needs, the availability of tellers and account specialists is...

Banking
LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
May 25, 2021

The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets and laptops, banking has lagged a bit. As PYMNTS research has shown, roughly 45 percent of account holders use online...

Banking
Greensill Debacle Triggers Liquidation Of Italy’s Aigis Banca
May 24, 2021

The Italian bank Aigis went belly up following the Greensill Capital debacle involving GFG Alliance invoices, Financial Times (FT) reported on Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Square Preps Savings, Checking Account Offers For Consumers, SMBs
May 24, 2021

Square is said to be getting ready to provide savings accounts and checking accounts to small- to medium-sized business (SMB) customers, Bloomberg reported Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Why The Bring It To Me Economy Now Includes Financial Services
May 24, 2021

The typical guiding principle behind banking has been “by the bank, for the bank” — where financial institutions (FIs) have focused on selling products rather than building customer experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Revolut Business Introduces FX Forwards In The UK
May 20, 2021

Revolut Business, the business account from the FinTech super app Revolut, has rolled out currency forward contracts (FX forwards) in Great Britain, according to a Thursday (May 20) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...