May 03, 2024
Banks Boost Visibility, Customer Service With Branches in Airport Terminals
Several banks have reportedly expanded their retail footprint into airport terminals. These bank branches in airports offer convenience, comfort and a range of financial services to existing customers, while also serving as...
May 02, 2024
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention...
Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch. The agreement, announced Thursday (May 2), values BioCatch at $1.3 billion, and comes amid a...
April 30, 2024
Cautionary ‘Tale of Two Consumers’ Dials Up Personalized Approach to...
Not all that long ago, as Doug Brown, chief product officer, NCR Voyix Digital Banking, observed, credit unions and banks had a rather simple approach to financial wellness. The old-school playbook,...
April 28, 2024
Report: Middlemen Handle 50% of Russia’s Payments to China
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled...
April 22, 2024
Nearly Half of Credit Unions Have No Plans for BNPL,...
Credit unions (CUs) are continuing to win over members, with roughly 1 in 5 current CU members telling PYMNTS Intelligence they’ve changed primary banks last year. This is just one...
April 17, 2024
Mercury Expands Into Consumer Banking With Mercury Personal
Startup-focused banking FinTech Mercury is getting into the consumer banking business. The company has launched Mercury Personal, designed to help builders in the tech sector optimize their money, according to a Wednesday (April...
April 12, 2024
Bunq Raises $31 Million After Quadrupling User Deposits in 2023
European neobank Bunq’s shareholders signed a commitment letter in March to provide 29 million euros (about $31 million) of capital to finance the company’s growth. The new commitment followed the majority...
April 10, 2024
PSCU/Co-op Solutions Launches Digital Lending Suite
PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the credit union service organization (CUSO)...
April 10, 2024
Capra Bank CEO Sees Huge Upside for AI and Risk...
At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called a job killer and a...