Banking

Banking
66% of Zillennials Use Their Phones as Bank Branch
April 29, 2025

A recent report from PYMNTS reveals that zillennials, the demographic cohort straddling the late 20s and early 30s, are a driving force behind the evolution of digital banking, with a unique blend of tech-savviness and reliance on traditional financial institutions. Get the Full Story Complete...

Banking
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary...

Banking
Report: Trump Seeks Reintroduction of Cannabis Banking Bill
April 24, 2025

President Donald Trump is reportedly advocating behind the scenes for a cannabis banking bill like those that have stalled in the Senate in the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Revolut Delivers First $1 Billion Profit as Subscription, Wealth Units Boom
April 24, 2025

Revolut booked its first billion-dollar annual profit in 2024, underscoring how the London-based super-app’s widening menu of wealth, credit and subscription services is translating customer growth into bottom-line results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
April 23, 2025

In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through mobile channels.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an expanded consumer card and digital banking footprint in what the latter’s CEO, Richard Fairbank, said will create “something really special.”...

Banking
From Trading to Saving, Financial Platforms Eye Banking and Neobanks Branch Out
April 18, 2025

The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. Get the Full Story Complete the form to...

Banking
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop of fresh tariff headlines, stubborn inflation and a rate path that is anything but clear. Get the Full Story Complete...

Banking
KeyCorp’s Commercial Payments Business Grows Despite Macro Uncertainty
April 17, 2025

KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the face of tariff-induced macroeconomic headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...