American consumers have embraced financial services’ ongoing digital transformation and the multiple payment options at their disposal. Because it has become so easy for consumers to move accounts to another financial institution (FI), bank or neobank, all financial services providers must ensure they provide their...
In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look at Bahrain, one of six Arab States in the union that consists of Kuwait, Oman, Qatar, Kingdom of Saudi Arabia...
Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context of accessing account data, broadening the scope of access means redefining what type of organization is allowed to make access...
The parent companies of Connecticut’s Ion Bank and New Jersey’s Lincoln 1st Bank announced Friday (July 1) that they have completed their previously announced merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1). Get the Full Story Complete the form to unlock this article and...
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Remy Carole, V.P. of operations at Treasury Prime, told PYMNTS in a recent interview that embedded finance — the ability of FinTechs and other enterprises to offer banking services to their end customers — can have positive ripple effects across entire ecosystems. Get the Full...
