mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

Report: Consumer Concerns Over Data Privacy Threaten US Open Banking’s Expansion
Report: Consumer Concerns Over Data Privacy Threaten US Open Banking’s Expansion
July 30, 2021  |  Banking

U.S. consumers are coming to their financial institutions (FIs) and favored merchants with new expectations after more than a year spent largely indoors. They now...

READ MORE >
Report: Interactive Teller Machines Give FIs New Tool In High Tech, High Touch Service Model
Report: Interactive Teller Machines Give FIs New Tool In High Tech, High Touch Service Model
July 30, 2021  |  Banking

Digital banking has changed immensely over the past year, and many of the new habits customers learned are here to stay. A full 89 percent...

READ MORE >
KakaoBank Corp Shares Priced For $2.2B IPO
KakaoBank Corp Shares Priced For $2.2B IPO
July 22, 2021  |  IPO

KakaoBank Corp., the five-year-old South Korean mobile-only bank, is prepared to raise $2.2 billion after pricing its initial public offering (IPO) at the top of...

READ MORE >
New Data: ‘Generation SuperConnected’ Want FIs, Merchants To Ditch The Password
New Data: ‘Generation SuperConnected’ Want FIs, Merchants To Ditch The Password
July 21, 2021  |  Authentication

New PYMNTS research shows that today’s urban consumer is more than a digital channel enthusiast, they’re “superconnected” centers of multichannel digital activity who are well...

READ MORE >
Freelancer Banking Platform Lili Unveils Premium Service
Freelancer Banking Platform Lili Unveils Premium Service
July 19, 2021  |  B2B Payments

Lili, the banking app designed for freelance workers, announced Monday (July 19) it has released a premium service called Lili Pro. The company said this...

READ MORE >
Bank Of America: Active Digital Banking Users Up 3 Pct To 40.5M
Bank Of America: Active Digital Banking Users Up 3 Pct To 40.5M
July 14, 2021  |  Earnings

Bank of America posted second-quarter results that, like its brethren such as J.P. Morgan Chase, showed positive effects from releasing reserves into earnings, as caution...

READ MORE >
JPMorgan Credit Card Sales Volume Surges 45 Percent, Active Mobile Customers Rise 10 Percent 
JPMorgan Credit Card Sales Volume Surges 45 Percent, Active Mobile Customers Rise 10 Percent 
July 13, 2021  |  Earnings

J.P. Morgan Chase posted second-quarter results that showed continued gains in credit and debit card spending, at a time when consumers paid down card debt...

READ MORE >
‘Death By A Thousand FinTech Cuts’ Is A Risk Big Banks Cannot Ignore Forever
‘Death By A Thousand FinTech Cuts’ Is A Risk Big Banks Cannot Ignore Forever
July 12, 2021  |  Banking

It will be a big week for bank earnings data as JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and U.S....

READ MORE >
More Digital Banking Apps Are Neck and Neck In Latest Provider Ranking
More Digital Banking Apps Are Neck and Neck In Latest Provider Ranking
July 01, 2021  |  Mobile

In a recent article extolling the virtues of digital-first “purpose-built banks,” PYMNTS notes that “digital banks that cater to — or focus on — certain...

READ MORE >