Not so long ago, legacy core systems operated on-premise were a point of pride, and were often at the heart of the mainstream financial businesses that operated them. Increased expectations and evolving customer needs, however, are forcing financial businesses to move beyond legacy core systems....
Another day, another entrant to the public markets by a challenger bank, made possible by a special-purpose acquisition company (SPAC) merger. On Monday (June 7), challenger bank startup Dave’s public debut was made possible via a partnership with VPC Impact Acquisition Holdings III (VPCC), sponsored...
With Wall Street’s newest FinTech darling, SoFi, trading higher and presumably off to greener pastures following its initial public offering (IPO), investor appetite clearly remains strong for anything that can digitally disrupt the financial services space. Get the Full Story Complete the form to unlock...
FinTechs have long been darlings on Wall Street and in venture capital, garnering votes of confidence in the form of tens of billions of dollars from investors to innovate and disrupt financial services. Get the Full Story Complete the form to unlock this article and...
Challenger bank Agora Services has partnered with digital payment and online banking company i2c Inc. to “provide modern digital first issuing and processing” for credit unions and community banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Revolut Business, the business account from the FinTech super app Revolut, has rolled out currency forward contracts (FX forwards) in Great Britain, according to a Thursday (May 20) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...
Trust. Control. Identity. Managing for these quintessentially human attributes in the digital domain is a moving target, and it’s what today’s consumers expect from the relevant players. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top news in digital-first banking, NCR Corporation reported an increase in recurring revenue amid a shift to “NCR-as-a-Service,” while GoCardless rolled out Instant Bank Pay. Plus, Greenlight Financial Technology, Inc. raised $260 million in a Series D funding round. Get the Full Story...
In today’s top news in digital-first banking, Current raised $220 million in an Andreessen Horowitz-led Series D investment round, while Step has raised $100 million in Series C funding. Plus, Barclays is working with Amount to provide point-of-sale financing options. Get the Full Story Complete...
