Deposits news and trends

Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
Opinion // January 15, 2025

Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”   Innovation and growth have always been at the heart of...

Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
Payments Innovation // October 31, 2024

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist toward an area where money is usually at rest: deposits. “If you think about where...

Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
Bank Regulation // August 07, 2024

The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on banks’ reduced control and visibility into critical financial functions. The statement also provides a roadmap into some of the key...

FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits
Regulation // August 07, 2024

Uninsured deposits have been in the spotlight of the regulatory gaze through the past year and a half. The failure of Silicon Valley Bank and other bouts of financial instability have called attention to these deposits and possible changes to how they’re held at banks....

Interviews & Exclusives
Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress

January 15, 2025
Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”   Innovation and growth have always been at the heart of Ingo Payments’ journey. From our origins operating bank branches for […]

Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking

October 31, 2024
Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist...

FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits

August 07, 2024
Uninsured deposits have been in the spotlight of the regulatory gaze through the past year and a half. The failure of Silicon Valley Bank and other bouts of financial instability...

This Week In Payments: New Frontiers — Visa And Plaid; Goldman And Marcus; And Big...

January 17, 2020
With Retail’s Big Show in New York, earnings season kicking off and banks reporting on the State of the State 2019, there was no shortage of headlines this week. Yet,...

Quick Reads
Securely Introduces Ingo Payments-Powered Bank-to-Bank Card Payment Alternative 

March 10, 2025
Securely now offers a bank-to-bank card payment alternative with real-time settlement options called Digital Cash that is powered by Ingo Payments. Digital Cash provides enhanced speed and transparency to customers, the companies said in a Monday (March 10) press release. “Ingo’s infrastructure will help us expand upon our Multi-Tag pricing technology, further enabling cost control, […]

Blend and Astra Partner on Card Funding of Deposit Accounts

August 05, 2024
Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for digital banking solutions will also...

Banks Pay Savers More to Stay Amid Steep Interest Rates

April 28, 2024
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years ago, the Financial Times noted...

Banks Closed 11% of Supermarket Branches Over Past Year

October 27, 2023
While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than that of other branches. American...