Banking

Banking
Today In Digital-First Banking: Goldman Sachs Pilots Wealth Management Program For The Masses; PayPal Waives...
December 23, 2020

In today’s top news in digital-first banking, Goldman Sachs is testing out a wealth management program for the general public, while PayPal will allow customers to cash in their next stimulus checks without a fee. Plus, the State Bank of Pakistan (SBP) is eyeing the...

Banking
Today In Digital-First Banking: Former Citi Exec Joins JPMorgan; NY Fed Says Credit Applications, Acceptances...
December 22, 2020

In today’s top news in digital-first banking, a former Citigroup executive has joined J.P. Morgan Chase to lead Channels, while results from the Survey of Consumer Expectations (SCE) Credit Access Survey were released. Plus, Plastiq has grown its platform with an offering that will let...

Banking
Banking-as-a-Service Moves Past Its Missteps To A Better User Experience
December 22, 2020

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. Increasingly, consumer and...

Banking
Today In Digital-First Banking: Gojek Invests In Indonesia’s Bank Jago; China Might Put Limits On...
December 21, 2020

In today’s top news in digital-first banking, Gojek has invested in Indonesia-listed Bank Jago, while China might place limits on bank and FinTech partnerships. Plus, the U.S. Treasury Department has proposed broad new regulations on digital currency. Get the Full Story Complete the form to...

Banking
Today In Digital-First Banking: Fiserv To Buy FinTech Ondot Systems; ESL Federal Now Live On...
December 17, 2020

In today’s top news in digital-first banking, Fiserv has signed a definitive deal to purchase Ondot Systems, while Welcome Technologies has chosen payments credit union service organization (CUSO) PSCU to provide processing services and support. Plus, ESL Federal Credit Union has gone live with real-time payments...

Banking
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects...
December 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue...

Banking
Aeldra Taps i2c To Enable Global Banking Services
December 16, 2020

California-based challenger bank Aeldra has chosen i2c Inc. to fuel its digital private banking services. The mobile bank, which was started by neo bank veterans, is seeking to reach affluent global clients with household incomes of over $100,000, according to a Tuesday (Dec. 15) announcement e-mailed to...

Banking
Omnichannel Strategies Preserve The Best Of In-Branch And Digital-First Banking
December 15, 2020

That banking customers migrated to smartphones and apps in droves as a matter of necessity is now a matter of history. Going forward, digital experience is what banks, financial institutions (FIs) and merchants will be judged on. The time for being a laggard in this...

Banking
Today In Digital-First Banking: Huntington Merges With TCF Financial; Revolut Launches Four New Crypto Tokens
December 14, 2020

In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four new crypto tokens. Plus, Cleo has notched $44 million in Series B financing in a round headed up by EQT...