Treasurers met the immediate disruption of the global pandemic last year with a sudden demand for digital solutions from their banks. The name of the game was resiliency, and digital, cloud-based solutions became lifelines for finance leaders working to promote business continuity amid remote workforces,...
First Boulevard, a neobank focused on the Black community, announced on Friday (Feb. 26) that it has raised $5 million in seed funding. The bank aims to use this funding to expand its team and its customer base, and to add a range of features...
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After suffering a major IT systems outage, TD Bank’s system is now back online, BleepingComputer reported. 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...
In today’s top news in digital-first banking, Step has notched $50 million in a Series B funding round, while Early Warning Services and The Clearing House (TCH) announced that Zelle transactions can now be cleared as well as settled through the RTP network. Plus, Affirm...
J.P. Morgan Chase has committed $350 million over the next five years to help Black, Latinx and women-owned small businesses recover from the COVID-19 pandemic and grow beyond it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Teen banking firm Step announced on Thurs. (Feb. 25) that it has amassed over 1 million users since its launch four months ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Consumers’ shifting cash use has banks second-guessing the effectiveness of the strategies they use to support their ATM networks. In this month’s Digital-First Banking Tracker, PYMNTS spoke with Santander Bank’s Tamara Zaichkowsky on how turning to a cloud-based ATM-as-a-service model is helping the bank tap...
There are roughly 270 million people living and working in Indonesia today, roughly 92 million of whom do not have bank accounts. That leaves a little over a third (34 percent) of the nation’s population unserved by the banking system. It’s a reality that makes providing...
