In Europe, the great digital shift is spurring traditional banks to play a bit of catch-up. 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...
Bank of America has launched its Life Plan program, which it says will aid customers in better financial planning, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Europe’s Monese, which touts itself as a mobile-first, multi-lingual, transnational provider of consumer and business banking services that operates in 31 countries using 14 languages, is adopting Thought Machine’s cloud banking platform, the companies announced on Monday (Oct. 5). Get the Full Story Complete the...
In today’s top news in digital-first banking, Plaid has debuted an “all-new” Plaid Link to bolster onboarding, while Venmo has introduced a credit card issued by Synchrony and powered by the Visa network. Plus, the Singapore Banking-as-a-Service (BaaS) firm RootAnt has concluded a seed round...
With a move that provides an easier and quicker onboarding experience, Plaid has introduced an “all-new” Plaid Link. Announcing the new link in a blog post on Friday (Oct. 2), the company said it is debuting an easier flow for returning users that could lessen the...
In today’s top news in digital-first banking, banking startup Dave Inc. has a new marketing executive, while payroll and employee benefits processor Gusto has launched “Gusto Wallet.” Plus, Boost Payment Solutions is collaborating with Visa to provide further automation and flexibility to commercial card issuers,...
Banking is moving beyond the confines of traditional financial institutions (FIs), especially as corporates want more flexibility about using payments to monetize new flows. Easier said than done, says Morten Sønderskov, chief operating officer of Danish neobank Lunar. In the Banking As A Service Playbook,...
In today’s top news in digital-first banking, Memo Bank is rolling out an interest-bearing account for companies, while lending marketplace October has notched roughly $303 million in funding. Also, Goldman Sachs is looking at reducing its workforce. Get the Full Story Complete the form to...
Middle-class consumers are feeling that they’re getting the short end of the stick when it comes to their relationships with traditional banks, Brian Hamilton, co-founder and CEO at One, told Karen Webster in a recent conversation. For example, his firm’s research found that some 57...
