Banking

Banking
New Report: PSPs Embrace Open Banking APIs for Speed, Compliance, Insights
September 07, 2021

Payment service providers (PSPs) keep money moving and get people and businesses paid, yet in the increasingly connected economy, mounting demands for seamless experiences and omnichannel transaction management are pushing PSPs to explore new solutions. Get the Full Story Complete the form to unlock this...

Banking
After Slow Start, American-Style Open Banking Is Set to Catch and Eclipse European Rivals
September 07, 2021

For open banking to truly gain traction, and for individuals to feel comfortable sharing their financial data with third-party providers, there’s room – a necessity, even – to have a range of intermediaries involved in the mix, a list that includes even tried-and-tested players such...

Banking
Cashfree Debuts Banking-as-a-Service Offering for FinTechs
September 06, 2021

Payments company Cashfree has rolled out a new banking-as-a-service API to help speed up banking integrations, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Cross-Border CBDCs Being Piloted in Australia, Malaysia, Singapore, South Africa
September 02, 2021

Central bank digital currencies (CBDC) are being trialed for cross-border payments in Australia, Malaysia, Singapore and South Africa, according to Reuters and other news outlets on Thursday (Sept. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Deep Dive: How Open Banking Could Innovate Insurance Payments to Strengthen Customer Relationships
September 02, 2021

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 form, you agree to receive marketing communications from PYMNTS and...

Banking
Revolut CEO Sets Sights on Hiking Sales Before IPO
September 02, 2021

Banking FinTech company Revolut is still in need of billions of dollars in annual sales before it can go public, according to a Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering
September 02, 2021

The FinTech startup Plaid says that getting a clear picture of a consumer’s transaction data is critical to improving their access to better financial products. By cleaning up and classifying transaction data, and making it available on a need-to-know basis, Plaid is creating a new...

Banking
The Secret Sauce for FIs to Retain Customers Is to Be Invisible, Fast and (Nearly)...
September 02, 2021

“The notion of having a single financial relationship is really a thing of the past,” said Todd Clark, president and CEO of CO-OP Financial Services, a 40-year-old, nationwide credit union service organization (CUSO). Get the Full Story Complete the form to unlock this article and...

Banking
Extreme Makeover: Six in 10 Credit Unions Adding Digital Options to Branches
September 01, 2021

Not unlike the “all of the above” answer on a multiple-choice test, when it comes to credit unions (CUs) deciding between investing in new digital tools or spending to keep branches well-staffed, the answer is increasingly both. Get the Full Story Complete the form to...