Lumin Digital has inked a multi-year deal that will have the company providing its cloud-based digital banking platform to Texas-based Shell Federal Credit Union. “Shell FCU will have more than 70,000 active users when it launches on the platform, which is slated for February of next...
Even cloud-native banks can struggle to roll out solutions with the speed that customers need. In the latest Digital Banks And The Power Of The Cloud Tracker, Andrew Smith, director of technical operations for online business bank, Holvi, explains how to efficiently scale and deploy...
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Overhauling and upgrading bank infrastructure is a monumental task that, for many financial institutions, isn’t always worth the time, energy and massive costs. In many ways, by the time a financial institution has upgraded internal processes, the financial services landscape has already evolved into a...
To go big with central bank digital currencies (CBDCs) – to gain scale and early adopters – one should focus on retail and smaller-value transactions. At least that’s the strategy gaining momentum in China, as the country reportedly moves toward making the digital yuan a reality....
Interactive teller machines (ITMs) are growing increasingly popular as an alternative to physical branch visits for services like loan applications. But an astounding 86 percent of operators report experiencing fraud, with fraudsters using stolen information and cards to access accounts. In August’s Digital-First Banking Tracker,...
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The pandemic has fueled the need for European banks to restructure following years of poor performance. 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...
The moratorium on job cuts at Wells Fargo & Co. is over. 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...