Banking

Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many will switch to get that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
July 14, 2022

Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
More Consumers Grow Weary of the Unbundled Bank
July 13, 2022

American consumers have embraced financial services’ ongoing digital transformation and the multiple payment options at their disposal. Because it has become so easy for consumers to move accounts to another financial institution (FI), bank or neobank, all financial services providers must ensure they provide their...

Banking
PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
July 12, 2022

In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look at Bahrain, one of six Arab States in the union that consists of Kuwait, Oman, Qatar, Kingdom of Saudi Arabia...

Banking
P2P Payments Fraud Suggests Liability Gray Area
July 12, 2022

Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
July 08, 2022

The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context of accessing account data, broadening the scope of access means redefining what type of organization is allowed to make access...

Banking
Ion Bank, Lincoln 1st Bank Complete Merger
July 03, 2022

The parent companies of Connecticut’s Ion Bank and New Jersey’s Lincoln 1st Bank announced Friday (July 1) that they have completed their previously announced merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
EMEA Neobank Weekly: Newcomers Seek to Differentiate as UK Grants Fresh Licenses
July 03, 2022

In this week’s EMEA neobank news, the U.K is set to get two new neobanks as both Ashman and Kroo are granted licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Airtel Africa Launches Smartcash Payment Service Bank
July 01, 2022

Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1).  Get the Full Story Complete the form to unlock this article and...