There’s arguably no more important issue for financial service companies than customer acquisition. 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....
In today’s top news in digital-first banking, Cashplus received an unrestricted banking license from the Prudential Regulation Authority, while GajiGesa Indonesia has notched $2.5 million in a seed round. Plus, Stash is closing a $125 million Series G Eldridge-led funding round. Get the Full Story...
In today’s top news in digital-first banking, PSCU company CU Recovery & The Loan Service Center grew its relationship with Advia Credit Union, while MoneyGram and Visa are collaborating to introduce a peer-to-peer (P2P) payment offering to people in Vietnam. Plus, Virgin Money has added...
PYMNTS recently reported Federal Trade Commission (FTC) figures finding, “More than 200,000 Americans were scammed out of $145 million relating to the pandemic since the beginning of 2020.” It’s one of many such warning to come from FinCEN and other financial watchdogs as the digital-first...
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...
Digital-first banks are used to fending off external threats like data breaches and botnet attacks, but their cybersecurity measures can fall short of protecting against internal threats like phishing schemes. In the Digital-First Banking Tracker, Bala Nibhanupudi, chief technical officer at First Bank, discusses why...
The banking industry is still grappling with the pandemic’s unprecedented effects, including a broad digital shift across numerous sectors. Digital banking apps in particular have benefited from this new trend, with 60 percent of bank customers using such apps more often during the health crisis...
In today’s top news in digital-first banking, California FinTech Green Dot is rolling out the GO2bank mobile banking to help cash-strapped individuals, while stimulus checks are reportedly posing challenges for some users of H&R Block and TurboTax. Plus, the banks that help support supply chains...
In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for federal banks, while multiple states are suing a banking watchdog over the “true lender” regulation. Plus, two-thirds of the second...
