SoFi Technologies’ drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum in its tech platform, which is geared toward linking banks and FinTechs to various digital banking services. Get the...
Young consumers are keeping credit card spending buoyant, especially for American Express, which saw millennials and members of Generation Z increase their spending by double digits year over year in the fourth quarter. Get the Full Story Complete the form to unlock this article and...
Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as an outlook that includes loan growth and a “stable” consumer. Get the Full Story Complete the form to unlock this...
Commerce Bancshares grew its wealth management business in the fourth quarter after announcing new initiatives targeting that market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The way shoppers shop has changed over the past five years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
In its fourth-quarter results released Tuesday (Jan. 21), financial institution KeyCorp, noted growth in its deposits. Management stated on a conference call with analysts that growth opportunities lie within embedded banking offerings. Get the Full Story Complete the form to unlock this article and enjoy...
Last year’s regulatory troubles continue to haunt Indian FinTech Paytm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Regions Financial Corp.’s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Truist Financial’s fourth-quarter and full-year 2024 earnings results, reported Friday (Jan. 17), provide a snapshot of a company seeking to grapple with digital disruption and evolving consumer expectations in modern banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
