Challenger banks are pushing traditional banks to reboot their customer experience. In the latest Digital Banking Tracker, Jamie Warder, head of digital banking for KeyBank, explains how artificial intelligence (AI) and machine learning (ML) is helping them challenge the challengers.
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...
Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Digital challenger banks are hoarding money to take on traditional banking competitors and have raised a total of $2 billion from eager investors, The Financial Times reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug. 12). “Having money in your Venmo account is an awesome feeling — it makes paying friends and family that much...
In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at any of its 655 ATMs, the company said in a press release on Wednesday (July 31). Get the Full Story...
Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. Allowing users to turn their cards on and off, set spending limits, restrict usage based...
Three consortiums led by Taiwan and Japanese investors are getting the first virtual banking licenses issued by Taiwan’s Financial Service Commission (FSC), Reuters reported on Tuesday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
