Bank account data can help protect firms from fraud, ValidiFI Head of Product Isaac White writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” The first half of 2025 has marked a transformative period for the payments and financial services...
U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and abide by — budgets. The new options allow customers to create personalized categories to track transactions, round up charges to...
United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Low interest rates, he said, were the main enticement for people to come and join a new bank — but they would be obsolete...
Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and...
March 25, 2026
Banks and credit unions are opening millions of new accounts, yet too many fail to become active relationships. As FinTechs deliver instant funding and immediate usability, traditional financial institutions (FIs) are facing a shift. Deposit growth now depends on how quickly new accounts move from opening to activation. The problem isn’t acquisition—it’s momentum. Customers expect […]
June 30, 2025
Bank account data can help protect firms from fraud, ValidiFI Head of Product Isaac White writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” The...
December 18, 2019
For corporates, moving money across borders is linked to no shortage of friction points, particularly as businesses elevate their demands for speed, visibility and predictability in their transactions. However, friction...
November 27, 2019
It’s not easy being small — especially in business, and often when it comes to banking and payments. The bigger players take up more space at the table, and, for...
July 16, 2020
U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and abide by — budgets. The new options allow customers to create personalized categories to track transactions, round up charges to divert extra funds to savings accounts and split up single […]
June 08, 2020
United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Low interest rates, he said, were the main enticement...
March 03, 2020
Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can...
February 17, 2020
British digital bank Monzo, expanding fast, wants to hire up to 500 people and (hopefully) reach 5.5 million users this year. The bank is also preparing to try charging customers...