J.P. Morgan’s digital bank Chase UK is closing out its first year with £10 billion in deposits and 1 million customers as the digital retail bank headquartered at Canary Wharf, London takes on local rivals and diversifies revenue sources. Get the Full Story Complete the...
Companies that use Bank of America’s CashPro digital banking platform for payments, cash management and trade finance operations can now sign in to the website on their mobile device by using the CashPro App to scan a QR code and their biometrics. Get the Full...
Open banking company Nuapay is extending its open banking payments services to Pay360, a payment service provider used for public sector payments by 60% of local authorities in the United Kingdom as well as private sector clients. Get the Full Story Complete the form to...
Mastercard company Aiia is collaborating with NORD.Investments to allow more open banking payments in Denmark’s largest independent digital investment advisor platform, a press release from Mastercard said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Open finance platform MX has announced product updates that bolster the platform’s ability to deliver financial data to financial institutions (FIs) and FinTechs and help them improve their customer experiences, pace of innovation and collaboration with others in the industry. Get the Full Story Complete...
Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent — a process known as open banking — is still in its early days in the Middle East and North Africa...
The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Aiming to combine innovative technology with human touch, financial services company Truist Financial has added an artificial intelligence (AI)-enhanced virtual assistant to its mobile banking app and online banking platform for personal banking clients. Get the Full Story Complete the form to unlock this article...
Unconstrained by legacy systems, decades-long financial commitments and the obligations of a full banking license, digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services that continues to threaten the once dominant incumbent model. Get the...
