Digital Banking

Digital Banking
Report: FairMoney Looking to Acquire Umba, Expand in Kenya
February 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and Kenya. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. 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....

Digital Banking
LendingClub Completes Standard Operating Agreement for New Bank
February 02, 2024

LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted in the operating agreement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
January 29, 2024

In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...

Digital Banking
i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
January 25, 2024

i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking products. 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...

Digital Banking
Most Customers Switch Banks for Better Digital Experiences Despite AI Concerns
January 17, 2024

The increasing popularity of mobile banking apps, especially among younger generations, has driven the rise of digital banking.  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 Banking
Big Bank Earnings Show Digital’s App-Driven Appeal to Consumers
January 16, 2024

As earnings season rolls on, key themes from banks are emerging. 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...

Digital Banking
Bank of America Adds ‘Insights’ to CashPro Platform
January 09, 2024

Bank of America has debuted an analytics tool for its CashPro digital banking platform. 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...

Digital Banking
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  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...