Search results for "financial services"

May 10, 2024
Making Sense of the State of Crypto in 2024

There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market, that’s certainly a lot of...


May 10, 2024
Less Than Half of FinTech Banks Let Consumers Make P2P...

FinTechs must make money mobility a top priority if they want to woo consumers away from traditional banks. While PYMNTS Intelligence’s data confirms FinTechs have made progress in meeting consumer...


May 10, 2024
This Week in AI: Digital Agents, Quantum AI, Automated Pharmacies...

This week in artificial intelligence (AI) news, a company is developing AI agents that could enable more lifelike interactions between businesses and customers, and quantum computing could boost AI by...


May 10, 2024
Wells Fargo Launches Business Credit Card With Cash Rewards

Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. The new Signify Business Cash Worldwide Elite Mastercard offers unlimited 2% cash rewards on business purchases, with no annual...


May 10, 2024
New Q1 Data Finds Older Demographics Driving Surge in Travel...

They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if...


May 10, 2024
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor...

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that TabaPay would be ending its...


May 10, 2024
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this year that resulted in the...


May 10, 2024
Earnings Deluge Helps Send FinTech IPO Index 4% Higher

Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading.  Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s...


May 10, 2024
Progress and Protection: Balancing Convenience and Security in Digital Banking

Digital transformation continues to fundamentally reshape the financial industry, promising unparalleled convenience through advancements such as artificial intelligence (AI), open banking and real-time payments. It also opens doors to both...


Generative AI Tracker®: Banking on AI: Financial Services Sector Harnesses Generative AI for Security and Service

GenAI is rapidly gaining traction in the financial services sector, but executives worry about the risk of spreading financial misinformation and exposing sensitive data to security breaches. The latest “Generative AI Tracker®,” a collaboration with AI-ID, examines what experts and bankers say is needed to get bankers over the hump.

Credit Unions and Community Banks Gain Credit Card Issuing Momentum
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look The share of consumers whose primary credit card is with a national bank has fallen from 76% in 2020 to 68% in 2023. PYMNTS Intelligence’s latest study of 2,088 consumers, “Credit Unions and Community Banks Gain Credit Card Issuing Momentum,” a PYMNTS Intelligence and Elan Credit Card, reveals how smaller FIs can position themselves to take a share of national banks’ cardholders by offering key features.