PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering is in direct response to a U.S. savings rate of only 5.4 percent. Get the Full Story Complete the form...
Are money management solutions able to help consumers avoid financial disaster? For the February Digital Banking Tracker™, PYMNTS interviewed Kevin Kirn, head of product for Mint, about how tools aimed at simplifying banking are also changing consumer attitudes. Plus, all the latest digital banking trends...
Companies are rolling out plenty of new banking tools for consumers to manage their money. But even with all the support, will consumers be able to build a sturdy financial life for themselves? Get the Full Story Complete the form to unlock this article and...
Emirates NBD has launched a new digital-only bank dubbed Liv., which was designed and developed by a team of millennials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Millennials need help with their finances but are loath to turn to banks for aid. Technology can help smooth the bumps in the road to financial literacy and stability, Varo Money CEO and Cofounder Colin Walsh told PYMNTS’ Karen Webster, and Varo’s thinking big — as...
Can new data tools level the banking playing field? For the January Digital Banking Tracker™, PYMNTS spoke with Adam Anderson, CTO of digital bank enabler Q2, about the role that data plays in helping community banks compete with their larger banking brethren. You’ll find that...
2017 could have some big changes in store for digital 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 daily newsletter, PYMNTS Today. By completing...
A Xiaomi Inc.-backed Chinese online bank is gearing up to launch soon following on the heels of establishing the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Goliath, meet David … the digital version of David in the banking world, that is. The December edition of Digital Banking Tracker™ features an interview with Chris Britt, CEO of Chime, who discusses how mobile-first companies are benefiting from consumer frustrations with traditional banks. Plus,...
