(source: en.wikipedia.org)
This next installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of digital-only banking. Traditional, brick-and-mortar banking through well-established...
Citi has launched a “single entry point” digital platform aimed at its commercial banking clients. The platform, dubbed CitiDirect Commercial Banking, gives customers a better view of...
A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over...
Revolut has launched a new in-app feature in the United States that provides instant cash back rewards. The financial app’s new Shops feature provides up to 3% instant...
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a...
The financial industry is at a turning point in its history as more users flock to digital banking, many of whom plan never to set...
British financial app Revolut has launched in New Zealand. Customers in the country can now use the app to access foreign currency exchange, peer-to-peer payments,...
Many credit unions (CUs) have resolved to follow rather than lead in digital innovation. Nearly two-thirds adopt a cautious wait-and-see approach even as more members...
French telecom Orange plans to exit the retail banking business in France and Spain. The firm, which launched Orange Bank in 2017, is in exclusive talks with BNP Paribas to have that...