Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mid-sized financial institutions looking to stay competitive could learn a thing or two from both their larger and smaller counterparts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K.-based FinTech firm Revolut has announced that it is the first digital bank of its kind to break even on a monthly basis. That result, according to the firm, was pushed by a rapidly expanding base of users and a new suite of products that...
Banks want to get smarter even — or perhaps especially — if that includes a dose of artificial intelligence (AI). 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...
The banking world is racing to get smarter via artificial intelligence (AI), but how can intelligence that’s artificial stack up to human expertise and the demands of human consumers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Think small, goes the saying, to effect big change. For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Get the Full Story Complete the...
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Historically, bank-driven personal financial management (PFM) solutions have been met with a lackluster reception. Rami Thabet, Royal Bank of Canada’s VP of Mobile, tells PYMNTS how AI is changing that, helping banks generate actionable advice that puts consumers in control of their finances and even helps them save. This month’s issue of the Digital...
Bank of America Merrill Lynch announced news on Monday (Jan. 22) of the launch of BofA Merrill Virtual Payables, which enables commercial purchasing customers to connect with the bank’s virtual card system. Get the Full Story Complete the form to unlock this article and enjoy...