truist

Banks Out to Challenge Big Tech in Brewing Digital Wallet War
Banks Out to Challenge Big Tech in Brewing Digital Wallet War
February 13, 2023  |  Payment Methods

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with...

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Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
January 30, 2023  |  Digital Payments

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital...

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Big Banks to Launch Apple Pay Competitor in 2023 H2
Big Banks to Launch Apple Pay Competitor in 2023 H2
January 23, 2023  |  Banking

America’s biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers...

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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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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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Truist Foundry Billed as ‘Startup Within Bank’ for Innovation
Truist Foundry Billed as ‘Startup Within Bank’ for Innovation
November 04, 2022  |  Startups

Building upon its May acquisition of gamified mobile finance app Long Game, Truist has launched an innovation division that it said will function as “a...

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Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
September 21, 2022  |  Regulation

The hearing is titled: “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” And the appearance of and testimony by executives from the seven...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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