To quote a rock ‘n’ roll poet (Jerry Lee Lewis): Whole lotta shakin’ going on. 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,...
After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital banking. Though narrow in feature and scale, those initial apps put personal finance management at users’ fingertips. Twelve years later,...
Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. Get the Full Story Complete the form to unlock this article...
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 communications from PYMNTS and...
BNY Mellon announced Tuesday (April 9) the appointment of three executives to help oversee the digitization strategy at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented...
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where legacy systems hamper results – but mindsets matter, too. Amir Wain, CEO of i2c, weighs in on why it's crucial to picture the...
