Digital Banking

Cryptocurrency
Fed, Central Banks Frame Criteria For Digital Currency
October 09, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
BoA Expands Into Digital Financial Planning For Consumers
October 05, 2020

Bank of America has launched its Life Plan program, which it says will aid customers in better financial planning, 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 —...

Digital Banking
Monese Adopts Thought Machine’s Vault Cloud Banking Platform
October 05, 2020

Europe’s Monese, which touts itself as a mobile-first, multi-lingual, transnational provider of consumer and business banking services that operates in 31 countries using 14 languages, is adopting Thought Machine’s cloud banking platform, the companies announced on Monday (Oct. 5). Get the Full Story Complete the...

Lunar On How BaaS Can Unlock Access To New Financial Services
October 02, 2020

Banking is moving beyond the confines of traditional financial institutions (FIs), especially as corporates want more flexibility about using payments to monetize new flows. Easier said than done, says Morten Sønderskov, chief operating officer of Danish neobank Lunar. In the Banking As A Service Playbook,...

Digital Banking
Today In Digital-First Banking: Memo Bank Rolls Out Interest-Bearing Account; Lending Platform October Lands Funding
October 01, 2020

In today’s top news in digital-first banking, Memo Bank is rolling out an interest-bearing account for companies, while lending marketplace October has notched roughly $303 million in funding. Also, Goldman Sachs is looking at reducing its workforce. Get the Full Story Complete the form to...

Digital Banking
Today In Digital-First Banking: NYMBUS Appoints Bank Tech Veteran To CEO Role; JPMorgan Bolsters SMB...
September 29, 2020

In today’s top news in digital-first banking, NYMBUS has appointed a banking tech veteran to its chief executive position, while J.P.Morgan Chase is strengthening its payment fraud protection for small to medium-sized businesses (SMBs). Plus, Ant Bank has launched banking services in Hong Kong. Get...

Digital Banking
Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
September 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group, has launched banking services in Hong Kong, Fintech News reported. 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
Digital Mortgage Startup Blend Expands Into Consumer Banking
September 23, 2020

Blend, the home loan tech startup, isn’t done growing. 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,...

Digital Banking
Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking
September 23, 2020

Volante Technologies Inc., the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments platform for the bank’s digital transaction service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...