March 20, 2024
Are Brick-and-Mortar Bank Branches Cool Again?
Digital banking is all the rage, right? Who can resist the convenience of using a bank app to balance accounts while waiting for the barista to brew a cup? No...
March 19, 2024
‘Co-opetition’ Helps Banks and FinTechs Embrace Digital Innovation
Conventional wisdom might hold that the great digital shift has shaken up banking, spurring financial institutions to innovate and push new offerings through digital channels. Tom Priore, CEO of Priority Technology...
March 15, 2024
Customer Is Still King and Queen of Banking Innovation
In a world where change is constant, digitization has become one of life’s certainties. This advancement is coming to even traditionally staid sectors like financial services and banking, spurring profound...
March 12, 2024
Green Dot to Enable Cash Transactions for 3 More FinTechs
FinTech companies Repay, Facebank and Pana have joined the Green Dot Network to enable cash transactions and services for their customers. By becoming partners of the network, the three FinTechs can offer these services via Green Dot’s...
March 12, 2024
Omnichannel Banking Innovation Helps Credit Unions Reduce Member Churn
Credit unions (CUs), known for their community-focused approach and member-centric values, are navigating a changing financial ecosystem. With the rise of FinTech startups offering cutting-edge technologies and personalized services, CUs...
March 11, 2024
PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds they also show more interest...
March 05, 2024
Monzo Valued at $5 Billion as Neobank Plans Expansion
UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and existing investors Passion Capital and Tencent, Monzo said...
March 04, 2024
Santander Slashes Jobs as Banking’s Digital Shift Continues
Santander is reportedly cutting 320 jobs as it continues to embrace digital banking. The Spain-based bank has laid off a little under 3% of its American staff in the past few days, Bloomberg...
March 01, 2024
Mastercard and Loop Partner on Credit Cards, Payments in Saudi...
Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use Mastercard’s technology and expertise to...