Banking

Banking
Credit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024

For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem a more than challenging proposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
FDIC Letter on ATMs Paves Way for More Branchless Banking
August 12, 2024

New input from the Federal Deposit Insurance Corp. (FDIC) is poised to pave the way for more “branchless banking” — through interactive teller machines that can, conceivably, amp up competition between smaller banks and their larger counterparts. Get the Full Story Complete the form to...

Banking
ClearBank Expands Clearing and Embedded Banking Services to Europe
August 09, 2024

Embedded banking firm ClearBank expanded from the United Kingdom to Europe. 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...

Banking
Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
August 08, 2024

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential
August 07, 2024

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report. Get the Full Story Complete the form...

Banking
MoneyLion Continues to Play Winning Hand With Middle-Income Americans
August 07, 2024

The MoneyLion business model pivot continues. A year after posting substantial losses as a neobank, the financial services portal rode its new business model to a second straight profitable quarter as it announced its Q2 earnings Tuesday (Aug. 6). Get the Full Story Complete the...

Banking
Zafin and 10x Partner to Facilitate Core Banking System Modernization
August 06, 2024

Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. 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
UK Neobank Monzo Customer Count Exceeds 10 Million
August 06, 2024

British digital bank Monzo says it has more than 10 million personal customers.  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
FIS Adds Curinos’ Deposit Optimizing Tools to Core Banking Platforms
August 05, 2024

FIS has teamed with Curinos to help financial institutions optimize their deposit growth. 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....