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...
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...
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...
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...
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...
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.”...
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...
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...
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...