Before the Software as a Service (SaaS) model exploded, a small business (SMB) getting off the ground online had two big, but related, decisions to make: finding software that could help them manage the operations of their business — accounting, hosted shopping carts, reservations, to...
Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Viewing account balances, paying bills or depositing...
Singapore’s OCBC Bank announced news on Monday (Nov. 6) that it has rolled out a facial recognition enhancement to its consumer and business banking apps for Apple’s iPhone X users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
ATB Financial has partnered with FinTech Finn.ai to launch a virtual banking assistant that utilizes Facebook Messenger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Today, in a move aimed at bringing newer and younger depositors to the bank, JPMorgan Chase and Co. has announced the launch of Finn — a new smartphone app designed to allow users to open a bank account, make deposits, issue checks, track spending and...
Barclays Chief Executive Officer Jes Staley said the company has to defend its differentiators as technology companies such as Apple and Amazon encroach on the payments market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In banking news, London-based Coutts Bank, one of the world’s oldest banks, is proving an old dog can learn new tricks. With more than 325 years of experience as a banker to “Britain’s rich and famous,” the U.K.’s largest private bank – also known as...
Social Finance, otherwise known as SoFi, the student loan online lender, is giving up on its hopes to become a bank for now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In the wake of the massive hack of Equifax, U.S. banks are leveling up their anti-fraud game in response to the fact that 143 million Americans have now had their official data stolen. That is about half of the population of the U.S. — and...
