mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

MoneyLion CEO Sees Profits Ahead for Financial Service Ecosystem’s ‘Interface Layer’
MoneyLion CEO Sees Profits Ahead for Financial Service Ecosystem’s ‘Interface Layer’
March 15, 2023  |  Fintech Investments

These are tough times to be a publicly traded tech company. The last few days have been seismic in the industry. Silicon Valley Bank’s gone...

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Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. The operational guidelines to kickstart the...

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Traditional Banks Risk Losing Ground to Banking-as-a-Service Rivals
Traditional Banks Risk Losing Ground to Banking-as-a-Service Rivals
March 02, 2023  |  Digital Banking

Digital banking has become the default means of financial interaction for countless consumers worldwide, with the ongoing pandemic supercharging a shift that was years in...

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FinTechs Struggle to Retain Consumer Trust in Africa
FinTechs Struggle to Retain Consumer Trust in Africa
February 24, 2023  |  Banking

There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the...

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Wells Fargo to Launch Digital Platform for Wealth Management
Wells Fargo to Launch Digital Platform for Wealth Management
February 22, 2023  |  Digital Banking

Wells Fargo is preparing to launch a digital platform offering clients tools for wealth management. The new LifeSync, which will be available to select clients...

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Biometrics Emerge as Consumers’ Favorite Form of Authentication
Biometrics Emerge as Consumers’ Favorite Form of Authentication
January 27, 2023  |  Biometrics

The traditional password remains the most common authentication method modern consumers use for online transactions. This, as new PYMNTS and Entersekt research in the January...

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Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
January 19, 2023  |  Earnings

Super-regional bank Truist’s latest results show a digital transformation that rivals the largest national FIs. Coming off a year where Truist— formed from the 2019...

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Big Bank Earnings Spotlight Unstoppable Digital Shift
Big Bank Earnings Spotlight Unstoppable Digital Shift
January 18, 2023  |  Digital-First Banking

Big banks’ earnings have shown the great financial services digital shift continues. J.P. Morgan, Bank of America, Citi and Wells last week provided variations on...

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Bank of America’s Digital Sales up 22% as Mobile Users Surge
Bank of America’s Digital Sales up 22% as Mobile Users Surge
January 13, 2023  |  Earnings

For Bank of America, the great digital shift is very much in evidence. The company’s latest quarterly results showed that digital “sales” made through the...

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