Banking

Banking
AI Adds Fuel To New Credit Scoring Data
February 09, 2021

There’s arguably no more important issue for financial service companies than customer acquisition. 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....

Banking
Wells Fargo Invests In Six Black-Owned Banks To Boost Equality
February 08, 2021

Wells Fargo, trying to invest more in Black-owned banks, has put equity investments into six of them thus far, according to a Monday (Feb. 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
FISPAN: Contextual Business Banking Takes Page From Big Tech
February 05, 2021

The pandemic has created a sense of urgency among corporates and small businesses to digitize, and financial workflows are no exception. Now unable to physically enter offices to cut checks and receive paper invoices, finance leaders have been forced to accelerate modernization efforts in order...

Banking
Today In Digital-First Banking: Cashplus Granted Bank License By UK Regulator; GajiGesa Indonesia Lands $2.5...
February 04, 2021

In today’s top news in digital-first banking, Cashplus received an unrestricted banking license from the Prudential Regulation Authority, while GajiGesa Indonesia has notched $2.5 million in a seed round. Plus, Stash is closing a $125 million Series G Eldridge-led funding round. Get the Full Story...

Banking
Security IQ: Banks Can Build Trust By Understanding Consumer Knowledge Gaps
February 03, 2021

Call it financial IQ. 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, you agree to receive marketing...

Banking
Today In Digital-First Banking: PSCU’s CU Recovery & TLSC Widens Relationship With Advia; MoneyGram Collaborates With...
February 02, 2021

In today’s top news in digital-first banking, PSCU company CU Recovery & The Loan Service Center grew its relationship with Advia Credit Union, while MoneyGram and Visa are collaborating to introduce a peer-to-peer (P2P) payment offering to people in Vietnam. Plus, Virgin Money has added...

Banking
VisaNet +AI Adds Predictive Element To Processing And Settlements
February 02, 2021

Within financial services, artificial intelligence (AI) is typically deployed in various efforts to identify and stop fraud. But advanced technologies can also be leveraged to help financial institutions (FIs) operate more efficiently, improving the end-to-end payments experience for their consumers. Get the Full Story Complete...

Banking
Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments
February 01, 2021

To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. Get the Full Story Complete the form...

Banking
Today In Digital-First Banking: Dave Obtains $100 Million Credit Facility; Plaid Reveals Deposit Switch For...
January 29, 2021

In today’s top digital-first banking news, challenger bank Dave has secured a $100 million credit facility from Victory Park Capital, while Plaid has revealed its Plaid Deposit Switch beta offering. Plus, German neobank N26 is seeking to make an acquistion in FinTech. Get the Full...