Digital-First Banking

Digital-First Banking
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee, VP and product line leader at Early Warning Services, LLC told PYMNTS. Get the Full Story Complete the form to...

Digital-First Banking
For Banking Industry, Cloud Migration a Question of When, Not If
March 03, 2022

It’s not a question of if, but when, financial services will migrate to the cloud. 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,...

Digital-First Banking
Digital Bank N26 Ready by Year’s End for IPO
March 01, 2022

N26, the German banking startup, will be ready for an IPO by the end of the year, according to co-CEO Maximilian Tayenthal, CNBC reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital-First Banking
Microlending FinTech Branch International Eyes Creating Pan-African Digital Bank
March 01, 2022

Branch International, an Andreessen-backed startup, is vying to become a pan-African digital bank, Bloomberg reported Tuesday (March 1). 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...

Digital-First Banking
Almost Two-Thirds of Consumers Comfortable Opening Loan Account in App
February 25, 2022

Almost two out of every three consumers are comfortable opening new accounts digitally, compared to less than half saying they prefer to manage their existing loan accounts that way, according to PYMNTS’ February 2022 edition of “Account Opening And Loan Servicing In The Digital Environment”....

Digital-First Banking
PiggyVest Seeks to Boost Consumer Savings and Investment in Nigeria’s ‘Low Trust Environment’
February 24, 2022

There aren’t many FinTech start-ups born out of viral Twitter posts. But in 2015, a tweet from a woman in Nigeria who had broken open a wooden box she had saved 1,000 Naira (about $5) in every day for a year sparked a conversation around...

Digital-First Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this digitally. But they remain concerned about cybersecurity — and the real risk that sharing their financial data over multiple digital...

Digital-First Banking
Fed Governor: Digital, Decentralized Finance Holds Promise and Risk
February 20, 2022

Lael Brainard, a member of the Federal Reserve’s board of governors, said the rapidly changing digital finance world, with its decentralized focus, will necessitate the Fed change its ways, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Digital-First Banking
Financial Inclusion Policies Move the Underserved Consumer Mainstream
February 10, 2022

Financial services providers have an opportunity to help the unbanked and underbanked, graduate them to fully banked and retain them as regular customers. Orlando Zayas, CEO at Katapult, says they can do this by offering a combination of immediate solutions to include them into the...