Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including Kuok Brothers, with a full digital banking license, according to a Friday (April 29) press release. Get the Full Story...
The pandemic accelerated the world’s digital transformation, leaving a lasting impact on consumer preferences. Take banking, for example. 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...
How we access banking services is undergoing seismic change, with PYMNTS research finding that nearly 70% of bank account holders use online accounts, and almost one-third of those have accounts with online-only banks. Get the Full Story Complete the form to unlock this article and...
Consumers who use online accounts with their financial services providers access those accounts in a variety of ways — using computer browsers, mobile device applications, mobile device browsers or all of the above. Get the Full Story Complete the form to unlock this article and...
About half of consumers say their digital financial services accounts are “highly integrated,” meaning it’s relatively easy in most cases to transact, make payments and see transaction histories across accounts and channels, according to new PYMNTS research. Get the Full Story Complete the form to...
It would not be a stretch to say the pandemic has been a “forced experiment” of sorts into how we’ll continue to adopt technology into a range of financial services, for individuals and enterprises alike. Get the Full Story Complete the form to unlock this...
Most consumers treat their checking accounts as a sort of way station for money, depositing funds with a set expense in mind to be used a short time later, according to one recent survey. Get the Full Story Complete the form to unlock this article...
JPMorgan Chase & Co. (JPMC) is offering a 1.5% interest rate for savings account customers at its digital bank in the United Kingdom, Yahoo! Finance reported Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
ATMs have been around for decades, but in one way, they can represent the future of banking. 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 our...
