For legacy financial institutions (FIs), winning customers' loyalty often comes down to offering innovative products and service. But with 80 percent of FIs still using legacy core banking systems, digital banks and FinTechs are seemingly at an advantage. In the Digital Banks And The Power...
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In times of turmoil, you go toward whom you trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Call it “technology debt” — legacy systems and architecture, hardware and software — that has to be worked down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was designed to keep businesses in the black during the COVID-19 pandemic. Get the Full Story Complete the form to unlock...
Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As retailers determine the best ways to reach retail customers during the coronavirus pandemic, ICICI Bank launched its banking services on Monday (March 30) on WhatsApp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The first online bank in Hong Kong, ZA Bank, opened on Tuesday (March 24), according to reports. The bank is a unit of China’s ZhongAn Online P&C Insurance Co. Ltd. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
London-headquartered FinTech Revolut is launching its app-based digital-only bank in the U.S. after attracting more than 10 million customers across Europe and the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
