April 03, 2024
NCR Voyix Says Open Banking Will Gain Wide Embrace in...
Shadi Saifan, vice president of engineering at NCR Voyix, told PYMNTS in an interview that bridging the gap between the promise of open banking and making that promise a reality is...
April 01, 2024
Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt
Banks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As such, lenders must reduce their exposure to commercial real estate as that debt comes due over...
April 01, 2024
Credit Card Delinquencies Climb as Consumers’ Savings Dip
While the average American consumer remains “credit healthy,” some trouble spots are apparent. The latest installment of VantageScore’s Credit Gauge shows delinquencies climbing across all tiers of credit — and...
April 01, 2024
Post-Purchase Financing Ushers In a New Era of Lending
The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest boxes, or micro moments, can...
March 29, 2024
Bank Branches Evolve Into Financial Education ‘Magnets’
Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining their cost structures. At the...
March 29, 2024
i2c President Says Banks Have Reset Their Go-to-Market Strategies
Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks of all sizes were already...
March 27, 2024
Real Estate Commissions: Some Insights from the Economics of Multi-Sided...
The real estate industry has long been scrutinized by regulatory agencies for various practices. Recent investigations and lawsuits have focused on the structure of real estate commissions in which a...
March 27, 2024
New Ideas for Promoting Real Estate Brokerage Price Competition
A prohibition against residential real estate listing agents setting the fees collected by buyer agents, as appears likely, will take a big step towards introducing price competition into the market...
March 27, 2024
Banks Embrace the Digital Age to Become Financial Service Aggregators...
Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly want. “Most of the world...
