Almost two out of every three consumers are comfortable opening new accounts digitally, compared to less than half saying they prefer to manage their existing loan accounts that way, according to PYMNTS’ February 2022 edition of “Account Opening And Loan Servicing In The Digital Environment”....
Russia’s sanctioned banks said Friday (Feb. 25) that they have enough liquidity to meet client demand and are working to make it through the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Santander Bank is streamlining its executive structure and boosting its efforts in the digital space, the Madrid, Spain, institution announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s FinTech news, PiggyVest brings a new type of digital savings and investing to Nigerians, while the underbanked in Pakistan get a new option with NayaPay. France’s Finary is moving to build a private bank and HandCash app is making top-offs easier with two...
Citi will eliminate fees on overdrafts, overdraft protection and returned items by this summer, the banking giant announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was adhering to “all applicable regulations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. 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...
There aren’t many FinTech start-ups born out of viral Twitter posts. But in 2015, a tweet from a woman in Nigeria who had broken open a wooden box she had saved 1,000 Naira (about $5) in every day for a year sparked a conversation around...
Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
