Banking

Banking
Three Years On, Open Banking’s Progress And Roadmap Ahead
January 20, 2021

Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. 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...

Banking
FISPAN: Embedded Banking Will Position Businesses To Thrive Post-Pandemic
January 20, 2021

Lisa Shields, founder and CEO of FISPAN, shares her hopes and predictions for the future of banking and payments in 2021. “Initiatives like open banking can help unlock financial data for small businesses and let them share it with many potential lenders,” she says in...

Banking
New Study: Static Web Content Bad For Account Holder Engagement
January 19, 2021

There’s a reason that bank apps and websites ask, “was this information helpful?” 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
ECB Officials Fear Banks Will Get Hit Hard By Pandemic Fallout
January 15, 2021

European Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard in 2021 by fallout from the COVID-19 pandemic as weakened businesses slide into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches...
January 14, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. Plus, the Federal Reserve’s Beige Book report...

Banking
Marqeta Teams With Goldman Sachs To Power Marcus Checking
January 14, 2021

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. 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...

Banking
Upgrade’s New Debit Rewards Product Takes New Approach To Mobile Banking
January 14, 2021

There is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
January 14, 2021

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and help curb the spread of the virus. This means consumers are turning more to digital tools, but unlocking and embracing...

Banking
Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
January 13, 2021

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization (CUSO) PSCU has lengthened its payment processing collaboration with Fiserv. Plus, Vietnam’s MoMo has notched $100 million from a collection...