Digital Banking

Digital Banking
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
October 12, 2021

Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital and new backers Google, Visa, and SBI Investment, Economic Times (ET) reported, citing sources. Get the Full Story Complete the...

Digital Banking
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021

Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to their experience, which is a deciding factor in making a banking choice. This preference is driving the digital-only bank to...

Digital Banking
New Digital Banking App Provider Ranking Shows Who’s Boss — and Who’s Tossed
October 06, 2021

We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and besides, it’s our job. We like getting paid. Get the Full Story Complete the form to unlock this article and...

Digital Banking
49% of US Consumers Interested in Digital Banking Services from Larger Firms
October 05, 2021

The report “Digital Banking: The Brewing Battle for Where We Will Bank,” a PYMNTS and Optherium collaboration, surveyed 2,225 U.S.-based consumers to gauge their impressions of, and intentions to use, digital banking services. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Google Abandons Plans for Plex User Bank Accounts
October 01, 2021

Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Fiserv to Open Location in New Jersey
September 29, 2021

Global FinTech Fiserv on Wednesday (Sept. 29) announced it will open a new office in Berkeley Heights, New Jersey, expanding the company’s presence in the Garden State. In the process, the firm will adding about 2,000 jobs, mostly in tech-related positions. Get the Full Story...

Digital Banking
NEW DATA: 66% of Consumers Skip Their Banks’ Bill Pay Service
September 27, 2021

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Digital Banking
Report: Data Security Concerns Keep Nearly Half of US Consumers From Switching to Digital Only...
September 27, 2021

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Digital Banking
Lloyds Lifts Contactless Spending Limits
September 24, 2021

Starting next month, customers of three Lloyds Banking Group institutions will be able to set their own contactless spending limits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....