Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented...
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where legacy systems hamper results – but mindsets matter, too. Amir Wain, CEO of i2c, weighs in on why it's crucial to picture the...
German-based banking app N26, geared toward younger customers and backed by notable billionaires like Peter Thiel and Li Ka-shing, wants to expand beyond Europe while keeping product offerings simple, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ICBA Bancard, the payment services arm of the Independent Community Bankers of America (ICBA), has partnered with Urban FT, a New York-based software company, to bring prepaid cards to community banks, the companies said in a press release. Get the Full Story Complete the form...
Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Hong Kong has issued its first digital banking licenses, in a move toward strengthening the city’s financial sector, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. Get the Full Story Complete the form to unlock this article...
The Mexican government wants local banks to do more to help the millions of unbanked citizens in the country. 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...
