France’s Orange Bank is launching completely mobile banking services in Africa, 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 — no additional logins required. yesSubscribe to our daily...
If open banking developments in the European Union (EU) are any indication of what’s coming to America — that’s been the case in recent years — then it’s open season for open banking. Get the Full Story Complete the form to unlock this article and...
Six out of 10 customers don’t plan to return to bank branches after the COVID-19 pandemic recedes, instead favoring digital banking. But simply offering digital banking services doesn’t guarantee that customers will stay loyal to their bank, says Adam Swinemar, vice president of digital channels...
Consumers cooped up at home by the pandemic have, in many cases, reoriented their entire lives around digital — and in some cases even learned to love the new ways of doing things far more than they liked the old ones. Get the Full Story...
Financial institutions (FIs) are beginning to see the light at the end of the tunnel for bouncing back from the pandemic, but the crisis has not been without its casualties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The pandemic and the resulting digitization of many consumers’ lives didn’t create the digital transformation in financial services; that was already underway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for modern, agile products and services, with enough flexibility to evolve as market conditions and customer demands change. Get the Full...
U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and abide by — budgets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...