mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
May 04, 2023  |  Security & Fraud

As smartphone security measures like biometrics become more advanced, more consumers feel safe conducting financial transactions via mobile, including over half of seniors and baby...

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PYMNTS Intelligence: Why Digital-Everywhere Is Moving Banking Forward
PYMNTS Intelligence: Why Digital-Everywhere Is Moving Banking Forward
March 27, 2023  |  Digital-First Banking

Digital banking was already gaining momentum before the pandemic supercharged demand for remote services. As more consumers turned to their banks’ mobile apps than to physical branches, the...

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Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
Mobile, Instant Money Movement Need Not Spur ‘Instant’ Bank Runs
March 23, 2023  |  Banking

The digital age might make the bank run a bit like a flash mob. For those of us less than up to date on the...

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MoneyLion Rebrands Embedded Finance Tool
MoneyLion Rebrands Embedded Finance Tool
March 21, 2023  |  Mobile Applications

MoneyLion’s embedded finance platform has a new name. The online lender announced in a Tuesday (March 21) press release that it is renaming its Even...

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MoneyLion CEO Sees Profits Ahead for Financial Service Ecosystem’s ‘Interface Layer’
MoneyLion CEO Sees Profits Ahead for Financial Service Ecosystem’s ‘Interface Layer’
March 15, 2023  |  Fintech Investments

These are tough times to be a publicly traded tech company. The last few days have been seismic in the industry. Silicon Valley Bank’s gone...

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Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. The operational guidelines to kickstart the...

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Traditional Banks Risk Losing Ground to Banking-as-a-Service Rivals
Traditional Banks Risk Losing Ground to Banking-as-a-Service Rivals
March 02, 2023  |  Digital Banking

Digital banking has become the default means of financial interaction for countless consumers worldwide, with the ongoing pandemic supercharging a shift that was years in...

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FinTechs Struggle to Retain Consumer Trust in Africa
FinTechs Struggle to Retain Consumer Trust in Africa
February 24, 2023  |  Banking

There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the...

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Wells Fargo to Launch Digital Platform for Wealth Management
Wells Fargo to Launch Digital Platform for Wealth Management
February 22, 2023  |  Digital Banking

Wells Fargo is preparing to launch a digital platform offering clients tools for wealth management. The new LifeSync, which will be available to select clients...

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