Banking

Banking
Plaid Unveils Deposit Switch To Digitize Account Funding
January 28, 2021

Plaid introduced its Plaid Deposit Switch beta product, which lets users set up or modify the destination of their paychecks. The FinTech says Deposit Switch comes with immediate and backup processes for consumers who are implementing recurring account funding, according to a Thursday (Jan. 28)...

Banking
Payments Processing Deals Show Banks’ Bid For ‘End To End’ Cash Visibility
January 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
JPMorgan Chase Plans Rollout Of UK Digital Retail Bank
January 27, 2021

JPMorgan Chase plans to roll out a digital retail bank in the United Kingdom, which will have offerings and functionalities designed to meet the requirements of British customers through a mobile app, according to a Wednesday (Jan. 27) announcement. Get the Full Story Complete the...

Banking
Ingo Money: Banks And Fintechs, Together At Last
January 21, 2021

“If we look back at the last few years, we have been approaching a tipping point for banks and FinTechs to collaborate to bring instant digital payments to ubiquity,” says Drew Edwards, CEO of Ingo Money. “My wish for America and the world in 2021...

Banking
Q4 Earnings Reports Show Mobile Banking’s Surge
January 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to...

Banking
App Store Approach Helps Banks Manage Partners, Speed Digital Transformation
January 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation, financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Monzo Founder Blomfield Steps Down, Citing Pandemic And Other Stress
January 20, 2021

Tom Blomfield, founder of Monzo, is leaving the U.K. challenger bank, citing “challenges” from the pandemic, a report from TechCrunch says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
SMB Loans Pose Potential Big Risk For European Banks
January 20, 2021

Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. At the same time, however, big problems are building over their earlier loans to small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this...

Banking
Three Years On, Open Banking’s Progress And Roadmap Ahead
January 20, 2021

Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. 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...