financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

Gen Z Members Expect Credit Unions to Double Banking Features
Gen Z Members Expect Credit Unions to Double Banking Features
May 30, 2024  |  Credit Unions

According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members. However, as “How Credit Union Innovation Can...

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Brazil’s Olist Expands Banking Services for Retailer Clients
Brazil’s Olist Expands Banking Services for Retailer Clients
May 29, 2024  |  Banking

Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects...

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Relay Raises $32.2 Million to Expand Business Banking Platform
Relay Raises $32.2 Million to Expand Business Banking Platform
May 29, 2024  |  Investments

Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the...

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44% of Millennials Used Non-Bank FIs in 2023, Leading All Generations  
44% of Millennials Used Non-Bank FIs in 2023, Leading All Generations  
May 14, 2024  |  Consumer Finance

In researching PYMNTS Intelligence’s “Meeting the Demand for Instant Ad Hoc Payments,” a collaboration with Ingo Payments, we found the volume of instant, nonrecurring ad hoc...

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MoneyLion: On a Mission to Become the Expedia of Financial Services
MoneyLion: On a Mission to Become the Expedia of Financial Services
May 13, 2024  |  Digital-First Banking

It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company...

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Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
May 10, 2024  |  Acquisitions

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that...

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Can Open Banking Increase Consumer Trust in New Payments Tech?
Can Open Banking Increase Consumer Trust in New Payments Tech?
May 03, 2024  |  Opinion

Open banking is empowering consumers and the businesses they work with to adapt amid uncertainties, Trustly founder and CEO Alex Gonthier writes in the new...

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Middle Market Emerges as Underserved Opportunity for Financial Services
Middle Market Emerges as Underserved Opportunity for Financial Services
April 30, 2024  |  B2B Payments

The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend...

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Customer-First Focus Unlocks Financial Technology Innovation
Customer-First Focus Unlocks Financial Technology Innovation
April 29, 2024  |  Opinion

With the right technology, businesses can unlock critical insights hidden in their own customer data, Galileo CEO Derek White writes in the new PYMNTS eBook,...

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