Digital Banking

Digital Banking
Visa Invests $5M Into Indian Neobank Open
October 26, 2021

Visa has finished a $5 million investment in Open, part of the neobank’s Series C fundraise, according to unnamed sources speaking to Moneycontrol Monday (Oct. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Today in Digital Banking: Plaid Boosts A2A Simplicity, MFS Africa Acquires Capricorn Digital and Zelle...
October 21, 2021

Today in digital banking, MFS Africa’s acquisition of Capricorn Digital is highlighted and spurred by payments platform Baxi. Plus, Zelle and Fiserv have collaborated to bring real-time payments to minority depository institutions, and Plaid cleans up account-to-account payments with a team of partners across myriad...

Digital Banking
Jack Henry Announces Partnership With Open Banking Firms
October 12, 2021

The payments processing service company Jack Henry & Associates says that three open banking platforms are the first in their industry to integrate into its Banno Digital Platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Digital Banking
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
October 12, 2021

Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital and new backers Google, Visa, and SBI Investment, Economic Times (ET) reported, citing sources. Get the Full Story Complete the...

Digital Banking
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021

Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to their experience, which is a deciding factor in making a banking choice. This preference is driving the digital-only bank to...

Digital Banking
New Digital Banking App Provider Ranking Shows Who’s Boss — and Who’s Tossed
October 06, 2021

We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and besides, it’s our job. We like getting paid. Get the Full Story Complete the form to unlock this article and...

Digital Banking
49% of US Consumers Interested in Digital Banking Services from Larger Firms
October 05, 2021

The report “Digital Banking: The Brewing Battle for Where We Will Bank,” a PYMNTS and Optherium collaboration, surveyed 2,225 U.S.-based consumers to gauge their impressions of, and intentions to use, digital banking services. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Google Abandons Plans for Plex User Bank Accounts
October 01, 2021

Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Fiserv to Open Location in New Jersey
September 29, 2021

Global FinTech Fiserv on Wednesday (Sept. 29) announced it will open a new office in Berkeley Heights, New Jersey, expanding the company’s presence in the Garden State. In the process, the firm will adding about 2,000 jobs, mostly in tech-related positions. Get the Full Story...