In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Plus, Mesh Payments has launched a cardless payment offering that makes recurring and...
In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Plus, Onyx CenterSource has launched a virtual card...
In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going public. Plus, EVO Payments Inc. has rolled out EVO Express Deposit push payments technology. ClearBank Introduces Multicurrency Bank Accounts ClearBank,...
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out its new Bread merchant services network. Plus, Acumatica has introduced features for its Acumatica Cloud...
In today’s top news in digital-first banking, Tesco Bank has introduced an online payment platform for credit card customers, and Square has rolled out on-demand payroll. Plus, Monit is rolling out its mobile finance platform for owners of small businesses. Tesco Bank Debuts Digital Payment...
To meet consumers where they want to bank — across mobile devices wherever they may be — financial institutions (FIs) must focus on re-tooling their core services in the digital age. To that end, in an interview with PYMNTS, Vincent Caldeira, chief technologist, Financial Services,...
In today’s top news in digital-first banking, Goldman Sachs has launched a personal finance offering for customers of average means, and Franklin Templeton’s Singapore subsidiary has joined forces with Razer Fintech. Plus, First Horizon National Corp. plans to roll out instant business-to-business (B2B) payments with...
Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. In an interview with Karen Webster, Vilash Poovala, founder and CEO of FinTech Oyster, said online financial platforms, powered by open banking, can serve...
Anecdotal evidence has shown that the digitization of consumer habits began the day stay-at-home orders effectively shut down in-person interaction in the real world. Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping...
