Today in digital banking, Branch snags $540 million in Series B fundraising. Plus, Truist overhauls leadership team after 2019 merger and Latin American eCommerce platform Nuvemshop raises $500 million in Series E fundraising. Get the Full Story Complete the form to unlock this article and...
Financial services platform Upgrade closed a $105 million Series E funding round Wednesday (Aug. 11) that puts the company at a valuation of $3.325 billion, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
These are busy days for Lisa Davis, managing director, head of digital channels at J.P. Morgan Chase. 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...
On the verge of going public, USD Coin (USDC) creator Circle is seeking status as a national digital currency bank, which would operate under the oversight, rules and guidance of the Federal Reserve, U.S. Treasury, Office of the Comptroller of the Currency (OCC) and the...
If done right, the expansion into high value, real-time B2B payments will be a “huge game changer,” Reserve Trust CEO Dave Wright told PYMNTS, pointing to the multi-trillion dollar opportunity that exists to digitize, modernize and democratize this largely untapped slice of the market. Get...
Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m. in Seoul on Friday (Aug. 6), according to multiple media reports. Get the Full Story Complete the form to unlock...
The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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 agree to receive marketing communications from PYMNTS and...
The lowly ATM may be the next front in FinTechs' ongoing encroachment of the financial sector. In PYMNTS' new Digital-First Banking Tracker, Arvest Bank's Jason Kincy explains how interactive teller machines (ITMs) are being used to deliver personalized service and improve loyalty.
