In today’s top news in digital-first banking, U.K. FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Plus, Wells Fargo’s CEO believes the U.S. economy will rebound quickly once COVID-19 vaccines can reach...
A tech upstart – a FinTech, no less – breaking even in 2020? 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....
In what’s beginning to feel like something of a trend in recent years, the payments landscape has seen its latest big global consolidation. Italian payments processor Nexi SpA recently announced plans to purchase private equity-owned rival Nets A/S, creating Europe’s biggest payments firm by volume. Get...
In today’s top news in digital-first banking, open banking provider Fabrick is collaborating with instant payments company Nets, while Societe Generale and Credit du Nord have approved a plan to combine their retail banking operations. Plus, Social Finance (SoFi) is reportedly in talks about selling...
Bet your last application programming interface (API) that the strong suits for FinTechs as the year heads to a close are innovation and user experience. On the other side of the table sit the traditional community banks and the smart bet there is on risk...
Societe Generale (SocGen) and Credit du Nord, both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. 7) press release. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation...
You’d be forgiven for thinking that, in banking, the deal is dead. The pandemic, after all, has obliterated “normal” business trends and caution reigns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly in early 2022, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU’s membership, when the credit union goes live with Lumin in April of next year, according...
