digital first banking

Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 

Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
October 17, 2023  |  Earnings

Earnings season is less than a week old. But with some of the largest names in the industry having already reported, the digital shift and...

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Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
September 10, 2023  |  Legal & Regulation

Wells Fargo will pay $1 billion to settle an investor lawsuit tied to authorized customer accounts. The settlement was approved Friday (Sept. 8) by U.S. District...

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Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
August 23, 2023  |  Banking

Citi has introduced a series of new offerings designed to streamline its retail banking business. The new services, announced Wednesday (Aug. 23), come weeks after the banking giant...

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PYMNTS Intelligence: How FIs Can Augment Their Digital Experiences With Cloud Technology
PYMNTS Intelligence: How FIs Can Augment Their Digital Experiences With Cloud Technology
July 05, 2023  |  Banking

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...

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Cybersecurity Is Driving Banks to the Cloud
Cybersecurity Is Driving Banks to the Cloud
July 03, 2023  |  Banking

Digital banking quickly became standard for consumers nationwide as the pandemic cemented a shift to mobile that had been years in the making. Consumers expect...

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Digital-Only Banks May Already Be Winning the Savings Deposit War
Digital-Only Banks May Already Be Winning the Savings Deposit War
June 08, 2023  |  Banking

Digital-only banks may fill the gap between traditional institutions’ low rates and Apple’s reported newcomer wrinkles.  As some of Apple’s first set of savings account...

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UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
May 17, 2023  |  Banking

From high fees to complex applications and an impersonal service, the business current accounts offered by traditional banks still leave a lot to be desired,...

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Capital One Reports Quarterly Lending Decreases Across the Board
Capital One Reports Quarterly Lending Decreases Across the Board
April 27, 2023  |  Earnings

Capital One Financial’s latest results show that, like consumers, it isn’t immune to the market. “We are expecting inflation to impact consumer credit by depressing...

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