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FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
January 05, 2024  |  Fintech Investments

By any stretch of the imagination, the 55.7% rally in the FinTech IPO Index last year was nothing to sneeze at. And the December surge,...

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83% of Bank Execs Eye GenAI With Hope and Hesitation
83% of Bank Execs Eye GenAI With Hope and Hesitation
January 05, 2024  |  Artificial Intelligence

The financial services sector has long been a proving ground for emerging technologies. The current era of disruption is no exception to this history. GenAI...

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48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024  |  Loans

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans...

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Buy, Build or Partner? The Dilemma in B2B Payment Modernization
Buy, Build or Partner? The Dilemma in B2B Payment Modernization
January 04, 2024  |  B2B Payments

Business innovation typically follows customer expectations, and today’s customers have more expectations than ever.  Even commercial business-to-business (B2B) players, who are starting to expect the same...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
January 04, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay by bank, involve the transfer of funds between bank accounts, often in real-time. Unlike traditional card networks, these...

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Every Payment Recovery Method Counts for Subscription Merchants
Every Payment Recovery Method Counts for Subscription Merchants
January 04, 2024  |  Subscriptions

For subscription commerce merchants, payment recovery methods are vital to protecting revenue, and the more such methods, the better. By the Numbers The PYMNTS Intelligence...

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CVS Pharmacy Launches Simplified, Two-Tiered Loyalty Program
CVS Pharmacy Launches Simplified, Two-Tiered Loyalty Program
January 04, 2024  |  Loyalty & Rewards

CVS Pharmacy, the retail division of CVS Health, simplified its loyalty program by consolidating it into one membership with two tiers. With both tiers of...

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Carrefour Pulls Pepsi From Shelves in Price Tussle — Will Devoted Fans Pop Over to Coke? 
Carrefour Pulls Pepsi From Shelves in Price Tussle — Will Devoted Fans Pop Over to...
January 04, 2024  |  Retail

Coke or Pepsi? The perennial debate takes a new twist in the price negotiation battle between retailers and global food giants. Carrefour has decided to...

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