In today’s top news in digital-first banking, FIS is working with NYDIG on bitcoin, while Zelle processed 392 million transactions in Q1 2021. Plus, big banks in the U.S. are making moves to unload cash. Get the Full Story Complete the form to unlock this...
Payments processing services firm Jack Henry & Associates on Wednesday (May 5) announced a partnership with financial data provider Finicity, an arrangement the two companies say will give customers a greater picture of their financial well-being. Get the Full Story Complete the form to unlock...
Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a product that almost everyone needs and with a captive audience that’s willing to listen. Get the Full Story Complete the...
JPMorgan Chase and Citigroup are among a number of big banks in the U.S. making a move to unload cash, and have asked some corporate clients to shift their funds from deposits to money market accounts, the Financial Times reported, citing sources. Get the Full Story...
Big Tech and FinTech firms are busy creating their own connected ecosystems while striking up relationships with banks, making traditional financial services firms part of the system, too. Google stands as a prime example, with Google Pay and Google Plex. And in other parts of...
In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out new offerings for special-purpose acquisition companies (SPACs). Plus, companies can now take automated clearing house (ACH) payments via Square Invoices....
France’s competition agency has concluded an investigation into banks, Big Tech and the financial technology (FinTech) sectors, with a warning that vigilance is needed due to “significant changes in the payments sector, characterized in particular by the arrival of major digital platforms.” Get the Full...
It is a widely held belief that open banking is an EU-based concept, driven by data privacy regulations like PSD2. And the U.S., the conventional wisdom goes, is behind the beat. But conventional wisdom, under more rigorous examination, doesn’t hold up too well. Open banking,...
U.S. Bank is rolling out new solutions for special purpose acquisition companies (SPACs), including segregated trust accounts for SPAC proceeds, statements and secure reporting of activity, and more, according to a press release. Get the Full Story Complete the form to unlock this article and...
