In the bid to change financial services, to broaden financial inclusion, the promise of challenger banks was that they’d upend the way financial products could be designed and could come to market. But the challengers have some challenges of their own, as Mike Cagney, CEO...
The appetite for digital banking has accelerated in recent years, giving rise to a new generation of challenger banks and FinTech players that are disrupting the traditional banking space with often cheaper, faster and more efficient solutions. Get the Full Story Complete the form to...
The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the Currency (OCC) as the financial services firm relocates its headquarters from Wilmington, Delaware to Sioux Falls, South Dakota. Get the...
WayaPay, which describes itself as a Kenyan FinTech based in the United States, says it has launched its full-service digital bank and money-transfer app tailored to the needs of immigrants from Africa. Get the Full Story Complete the form to unlock this article and enjoy...
For NCR Corp., the goal is to capitalize on the continued shift to digital banking. Underpinning its newly-announced split into two independent companies, we see some other shifts taking root: A shift from roots as a hardware-centric vendor towards software and a shift from manufacturing...
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Last year, 76% of Americans used their banks’ mobile apps to conduct everyday banking tasks, from depositing checks to viewing statements, yet Atomic’s Lindsay Davis says more is needed to keep customers loyal.
Retail banking, indeed. In the most literal sense. 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 daily newsletter, PYMNTS Today. By completing this form, you...
Codat, an API for small business data, will be partnering with cloud banking firm nCino to automate and accelerate the ways banks can underwrite small business loans, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...