January 16, 2024
Why Digital-First Banking Does Not Mean Digital-Only
Digital banking has exploded in popularity in recent years, thanks in large part to younger users forming an ever-growing share of the total financial customer base. Studies indicate that 60%...
January 12, 2024
JPMorgan Earnings: Credit and Debit Spend Surges 7%
Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12). And the big bank’s metrics are showing evidence that consumer spending is still strong. But...
January 12, 2024
Partnerships Hold Sway as FinTech IPO Index Slips 1%
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest...
January 11, 2024
Bank Earnings to Offer Insight Into Digital Pivots and Loan...
Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season. Will it all begin with a...
January 04, 2024
Truist to Close 3.5% of Branches as Customers Bank Digitally
Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally. The Charlotte, North Carolina-based bank is making the closures based on...
January 04, 2024
CE 100 Index: AI, Banks and BNPL Names Were Standouts...
The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double digit and, in some cases,...
January 02, 2024
Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine. Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive...
December 22, 2023
This Week in AI: Standard Setting, Voice Interfaces and the...
This year was generative artificial intelligence’s big coming-out party. And this week served as a highlight reel. PYMNTS has covered how the novel technology has reshaped entrenched workflows across areas...
December 18, 2023
Xero and Flinks Partner to Enhance Banking Data Access
Xero, a global small business platform, has partnered with Flinks, an open banking firm, to enhance banking data access for small businesses. This collaboration aims to provide small businesses in Canada...