J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being...
Digital transformation holds promise for banks, but it could also give them pause. The traditional route, upgrading legacy systems and on-premise technology — going it alone, so to speak — is rife with friction and heavy upfront investment. There’s a long runway in tailoring online...
FinTech Pinwheel teamed with account opening solutions firm Candescent, formerly Terafina. The partnership brings Pinwheel’s direct deposit switching solution to Candescent’s bank and credit union clients, according to a Wednesday (Oct. 30) press release. “Consumers today have more accounts than ever before, banking at multiple...
It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps — and getting access to cash or depositing checks. Banking is moving beyond the confines of the branch setting and ATMs,...
November 22, 2024
PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck designation blankets roughly two-thirds of consumers, the changes have been widespread. Households continue to embrace digital, specifically mobile, channels for banking and account access, and they use buy now, pay […]
October 22, 2024
A new wave of financial engagement is emerging among zillennials — those straddling the line between Generation Z and younger millennials. This microgeneration, currently ranging from their late 20s to...
September 16, 2024
The surge in digital banking has redefined the financial services landscape, appealing particularly to tech-savvy younger generations. As digital transactions and mobile apps become commonplace, banks are at a crossroads....
August 16, 2024
Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin America, for all intents and...
November 19, 2024
J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being rolled out to a pool of 25,000 British customers, the […]
October 30, 2024
FinTech Pinwheel teamed with account opening solutions firm Candescent, formerly Terafina. The partnership brings Pinwheel’s direct deposit switching solution to Candescent’s bank and credit union clients, according to a Wednesday...
August 15, 2024
FIS and Neural Payments have partnered to help banks offer peer-to-peer (P2P) payment capabilities to their customers. This collaboration will make Neural Payments’ P2P payment solution available via FIS’ NYCE...
June 04, 2024
Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European digital banking super app Sumeria....
