Verizon news and trends

From Minutes to Money: Telecom Firms Bank on Financial Services

March 31, 2025
Mobile Phones at Center of Telco and Digital Bank Partnerships
Santander Pitches Savings Plan to Verizon Customers
Digital Banking // March 18, 2025

Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. The collaboration, announced Tuesday (March 18), offers a high-yield savings account on Santander’s Openbank platform to Verizon’s mobile and 5G customers in the U.S.  The Verizon + Openbank Savings account, the companies said...

Ongoing Salt Typhoon Hacking Campaign Targets Americans’ Call Record Metadata
Cybersecurity // December 04, 2024

Chinese hacking group Salt Typhoon reportedly has stolen the call record metadata of a “large number” of Americans. The metadata was taken in a broad and ongoing attack on America’s telecommunications infrastructure, Reuters reported Wednesday (Dec. 4), citing an unnamed senior U.S. official. Speaking during...

Not Again: FCC to Investigate Cause of Verizon Outage
Connected Economy // September 30, 2024

More than 100,000 Verizon users lost access to mobile services Monday (Sept. 30). The wireless carrier said it was aware of the issue, per a report by NBC News, marking the latest in a series of mass technical outages this year. “We’re aware of a Verizon outage impacting customers...

Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves
Acquisitions // September 06, 2024

The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept. 5) news that Verizon has entered into a definitive agreement to acquire Frontier,the largest pure-play fiber internet provider in the U.S., in an all-cash...

Interviews & Exclusives
From Minutes to Money: Telecom Firms Bank on Financial Services

March 31, 2025
The mobile phone’s increasing penetration into global markets is helping blur the lines between telecom and financial services, where digital banks, and especially neobanks, are moving into communications and mobile payments, and telcos, in turn, are branching more fully into finance. At the end of 2022, PYMNTS Intelligence profiled a trend wherein partnerships with FinTechs […]

Will 5G Make 2024 the Industrial Economy’s Most Connected Year Yet?

December 07, 2023
5G broadband networks are viewed by many as a business-first digital innovation and enterprise revolution. And that isn’t because, from a consumer standpoint, 5G networks are just around the corner...

CE100™ Index Soars More Than 11%; Outperforming Broader Markets

March 21, 2022
The Connected Economy 100 (CE100™) Index caught a break last week, soaring 11.7% and reversing a string of weekly losses that had mounted earlier into the year. The gain in...

BNY Mellon-Citi-Verizon Retail Real-Time Payments Pact is ‘Tip of the Iceberg’

September 16, 2021
For the first time, retail customers can access real-time bill pay following a partnership between BNY Mellon, Citi and Verizon announced Wednesday (Sept. 15). And according to Steve Ledford, senior...

Quick Reads
Santander Pitches Savings Plan to Verizon Customers

March 18, 2025
Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. The collaboration, announced Tuesday (March 18), offers a high-yield savings account on Santander’s Openbank platform to Verizon’s mobile and 5G customers in the U.S.  The Verizon + Openbank Savings account, the companies said in a news release provided to PYMNTS, features a rate […]

Ongoing Salt Typhoon Hacking Campaign Targets Americans’ Call Record Metadata

December 04, 2024
Chinese hacking group Salt Typhoon reportedly has stolen the call record metadata of a “large number” of Americans. The metadata was taken in a broad and ongoing attack on America’s...

Not Again: FCC to Investigate Cause of Verizon Outage

September 30, 2024
More than 100,000 Verizon users lost access to mobile services Monday (Sept. 30). The wireless carrier said it was aware of the issue, per a report by NBC News, marking the latest in a...

Verizon Expects to Double Network Thanks to AI Demand

May 14, 2024
Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States,...