April 06, 2023
Report: Tech Funding Falls by 55% Amid Banking Crisis
Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the first three months of the...
April 05, 2023
NatWest’s Journey to API-Enable All Customer Payments Journeys
The use of application programming interfaces (APIs) in banking is growing, making it critical for financial institutions to develop a strong API strategy to integrate with third parties and business...
April 04, 2023
Bunq Hopes to Bring EU Neobanking to the US
European neobank Bunq has applied to bring its business to “digital nomads” in the U.S. The company announced Wednesday (April 4) that it had applied for a New York banking...
April 04, 2023
UK Retailers Reimagine Cashback to Keep Gen Zs Engaged
Brands typically struggle to engage two key audiences: affluent consumers who are cash rich, time poor, and Gen Zs, who have a short attention span due to the endless stream...
April 03, 2023
CFPB Issues Warning to ‘Abusive’ Consumer Finance Firms
The Consumer Financial Protection Bureau is reminding lenders of its 13-year-old rule against “abusive” conduct. The CFPB issued a policy statement Monday (April 3) explaining its prohibition against abusive conduct...
April 03, 2023
SoFi Buys Wyndham for Mortgage Loans
SoFi has acquired Wyndham Capital Mortgage to broaden its offerings to prospective homeowners. The all-cash purchase, announced in a Monday (April 3) press release, lets SoFi enhance customers’ digital mortgage...
March 30, 2023
CFPB Rule Spotlights Value of Tech-Driven Data Collection in Small...
New rules released by the Consumer Financial Protection Bureau on Thursday will change small business lending. And for the lenders — banks and non-banks — there’s a change ahead, too,...
March 30, 2023
Neo Financial Debuts ‘Debit Alternative’ Neo Money Card
Canadian FinTech Neo Financial has debuted what it calls a debit card alternative. The Neo Money card, announced Thursday (March 30), is designed to help Canadians deal with the same...
March 28, 2023
Caring for Kids and Parents Has Gen X Falling Behind...
The latest installment of PYMNTS’ generational mini-series deep dives into Generation X’s digital habits and behavior. Gen X, born between 1965 and 1980, are used to being caught in the...
