Fees are often a necessary evil, but when it comes to banking charges, consumers are getting a bit of a break this year. That’s according to the semi-annual MoneyRates Bank Fees Survey, which found declines in the average fees for maintenance, overdraft and ATM access....
Consumers want digital banking apps to be secure, but they don’t want security to interfere with their digital banking experience. John Dancu, CEO of IDology, tells PYMNTS that finding that balance could be among the biggest challenges for banks looking to strengthen their digital/mobile solutions....
Citigroup announced on Tuesday (Aug. 16) it has tapped Gavin Michael, head of digital for consumer and community banking at JPMorgan, to lead technology for the company’s global consumer bank. Michael will replace Mark Torkos in the role. Torkos retired from Citigroup in July. Get...
Consumers want digital banking apps to be secure, but they don’t want security to interfere with their digital banking experience. John Dancu, CEO of IDology, tells PYMNTS that finding that balance could be among the biggest challenges for banks looking to strengthen their digital/mobile solutions....
Mondo, the U.K. banking startup, has officially become a bank as of Thursday (Aug. 11). 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,...
Brian Moynihan, Bank of America CEO, says the rise of mobile payments will lead to a fall in the cost of doing business
Groupe BPCE, the French banking group, has inked a deal to acquire Fidor Bank, the German digital bank and FinTech pioneer, in an effort to speed up the rollout of its digital strategy. Get the Full Story Complete the form to unlock this article and...
There’s no question that the influence of millennials has transformed banking as we know it. And, the increasingly digital demands of this generation are forcing banks to keep up or lose out. But is the Millennial influence really all it’s cracked up to be? Urban...
Number26, the Berlin-based startup that is aiming to be the bank of the future, has received a full banking license to operate in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
