Historically, bank-driven personal financial management (PFM) solutions have been met with a lackluster reception. Rami Thabet, Royal Bank of Canada’s VP of Mobile, tells PYMNTS how AI is changing that, helping banks generate actionable advice that puts consumers in control of their finances and even helps them save. This month’s issue of the Digital...
Bank of America Merrill Lynch announced news on Monday (Jan. 22) of the launch of BofA Merrill Virtual Payables, which enables commercial purchasing customers to connect with the bank’s virtual card system. Get the Full Story Complete the form to unlock this article and enjoy...
The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to use artificial intelligence (AI) to help consumers make smarter choices by providing actionable financial insights. Get the Full Story Complete...
Consumer-bank monogamy is a thing of the past. With the proliferation of third-party mobile apps, eWallets and proprietary “Pays,” this is hardly news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? They all have an appreciation for speed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In the era of smartphones and instant downloads, business is all about speed. But with speed comes risk — even more so for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When one person is thinking about sending an email to another, there are all kinds of things to think about: how long or short to make it; whether or not to include pictures; whether an emoji is cute or will make them look immature. Get...
Mastercard hopes to usher a new generation into the financial mainstream with its new Assemble platform for millennials. The lack of an easy onramp has forced young account holders to cobble together a financial management strategy across many platforms and apps to receive the services...
The motto for banks turning to artificial intelligence (AI) and machine learning to foil fraud is "Work smarter, not harder." In the latest PYMNTS Digital Banking Tracker, a Feedzai collaboration, Shazia Manus, chief product and strategy officer of CO-OP Financial Services, explains why smart is...