Despite the widespread adoption of digital banking, many consumers still prefer to do some business at the branch. One recent survey revealed while 93 percent of respondents said their bank’s website or mobile app meets their needs, the availability of tellers and account specialists is...
The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets and laptops, banking has lagged a bit. As PYMNTS research has shown, roughly 45 percent of account holders use online...
The typical guiding principle behind banking has been “by the bank, for the bank” — where financial institutions (FIs) have focused on selling products rather than building customer experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The differences in open banking — here and across the pond — stand in stark relief. In the U.K., it’s mandated. In the U.S., it is the free market that is determining open banking’s evolution. Get the Full Story Complete the form to unlock this...
A new commitment from Wells Fargo will try and help underbanked individuals with affordable, easy bank accounts, according to Reuters on Monday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top news in digital-first banking, Treasury Prime closed on a $20 million Series B insider funding round, while Rho Technologies is launching the Rho Card. Plus, U.S. Bank has joined with Plaid in an open finance partnership. Get the Full Story Complete the...
A new FinTech called Fintron, which offers an app for banking, investing and financial education, will work with LendingClub Bank, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top news in digital-first banking, Lili has notched $55 million via a Series B funding round, while MiCamp Solutions has purchased American Bank Payments in conjunction with joint venture partner Twenty20 Payments. Plus, Bottomline and Autobooks are collaborating on small and medium-sized business...
Beyond peer-to-peer (P2P) payments, the shift to real-time payments spurred by the pandemic is poised to change the way we keep the lights on, the Netflix account paid, the doctor visit payment plans squared away. Get the Full Story Complete the form to unlock this...
