financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

(source: en.wikipedia.org)

FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
July 02, 2023  |  Acquisitions

FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth...

READ MORE >
95% of Data-Ready FIs and FinTechs Use Item-Level Data in Some Way
95% of Data-Ready FIs and FinTechs Use Item-Level Data in Some Way
June 20, 2023  |  Data

When it comes to receipt-level data, the dollars are in the details. That’s one way to summarize the value that item-level data can represent to...

READ MORE >
Gen Z Is Only 4% of Credit Union Members, and That’s a Problem
Gen Z Is Only 4% of Credit Union Members, and That’s a Problem
June 09, 2023  |  Credit Unions

Young consumers are feeling the pinch. According to recent PYMNTS data, 73% of millennials live paycheck to paycheck — the highest rate among all generations,...

READ MORE >
2023 Looms as ‘Big Year’ for ISO 20022, According to Wells Fargo
2023 Looms as ‘Big Year’ for ISO 20022, According to Wells Fargo
June 06, 2023  |  Banking

In the banking industry, legacy messages — how data makes its way between financial institutions — have been around for decades. But the world of...

READ MORE >
Bank’s Best Customers Now Willing to Trade Convenience for Security
Bank’s Best Customers Now Willing to Trade Convenience for Security
May 26, 2023  |  Security & Fraud

Fueled by rising digital threats, security stands top of mind for retail banking customers. Nearly 7 in 10 worry about their personal and financial data...

READ MORE >
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
May 10, 2023  |  Financial Inclusion

With millions of Americans still struggling to access traditional credit options, achieving full financial inclusion will be neither quick nor easy. With an estimated 307...

READ MORE >
Goldman and Microsoft to Test Blockchain’s Future in Financial Services
Goldman and Microsoft to Test Blockchain’s Future in Financial Services
May 09, 2023  |  Cryptocurrency

Several firms are banding together to leverage blockchain — and distributed ledger technology — to transform financial markets. The roster includes Goldman Sachs Group Inc,...

READ MORE >
Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
May 08, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

READ MORE >
An Industry Insider on Community Banks’ Potential to Prosper With BaaS
An Industry Insider on Community Banks’ Potential to Prosper With BaaS
May 05, 2023  |  Digital-First Banking

Community banks have a unique opportunity to tap into the $22 billion market opportunity created by platforms and FinTechs in enabling embedded finance for their...

READ MORE >