Isn’t it surprising to know that 70 percent of financial institutions are just now adopting cloud computing solutions? Or how about this fact: over 90 percent of the world’s top 100 banks still use physical mainframes running 20th century style. So, what’s holding up the...
The COVID-19 crisis continues to upend the economy, including even the world of digital banking. 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,...
Great idea, perfect timing. That about sums up the enviable position in which digital-first banking finds itself post-pandemic, given the mass epiphany of the past three months: you don’t have to physically go near a bank to access the most advanced banking features available. Get...
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...
Americans are known the world over for many things, but financial literacy isn’t one of them. We’re not known for being a nation of expert money managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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...
Nine out of 10 banks still rely on old-school mainframe systems for their core needs, a technological challenge that can result in legacy financial institutions (FIs) falling behind digital challengers. In our Digital Banks And The Power Of The Cloud Tracker, PYMNTS speaks with Ali...
While APIs have played a critical role in enabling digital-first banking experiences, their rollout is not always smooth. A lack of standardization often poses obstacles to partnering banks and FinTechs. In this month’s Digital-First Banking Tracker, Christoph Berentzen, head of API banking at Commerzbank, discusses...
Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure on accelerating these efforts. Allowing customers uninterrupted access to their online financial accounts and processing digital...
