Across today’s banking landscape, the phrase “higher for longer” isn’t just being applied to interest rate commentary. According to executives on Truist Financial Corporation’s second-quarter 2024 earnings call Monday (July 22), higher for longer is also the degree of investment financial institutions are increasingly pouring...
As regulators draw a bead on neobanks, traditional financial institutions are acting more like neobanks. Open banking looks set to transform financial services in the United States, and the approach, in contrast to what has been seen in Europe, is market-driven rather than government-driven. A...
Credit union service organization Velera is rolling out a new onboarding and project management platform. Formerly known as PSCU/Co-op Solutions, Velera said in a Thursday (June 27) news release that the new platform offers credit unions more transparency and better collaboration and lays a foundation...
iBind Systems, a FinTech startup based in Bangalore, India, announced a collaboration with Google Cloud to modernize the onboarding experience for banks and financial institutions. By integrating iBind’s corporate banking Software-as-a-Service (SaaS) product with Google Cloud’s generative artificial intelligence technologies and infrastructure, the collaboration aims...
February 27, 2023
A multifaceted approach to digital identity can shore up eCommerce defenses against risk and fraudsters. And that multifaceted approach, Prove Chief Security Officer and Chief Information Officer Amanda Fennell told PYMNTS, depends on input and insight — and collaboration — between the private sector and academia. Fennell, who came to her present role at Prove […]
December 16, 2022
When it comes to a user-friendly experience, online onboarding processes play a key role. Not only in keeping things flowing smoothly but also by providing peace of mind by addressing...
April 28, 2022
A few weeks ago, the Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) organized a Tech Sprint, inviting experts from the private and public sector to...
October 13, 2021
It’s time to ditch the plastic — that is, if you want to. Trulioo Senior Vice President of Identity Solutions Garient Evans told PYMNTS the great digital shift is creating...
October 23, 2024
Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. The companies will integrate Plaid’s instant account verification and risk assessment tools into Dwolla’s pay-by-bank platform, according to a Wednesday (Oct. 23) press release. The solution is scheduled to launch in early 2025. The collaboration will target mid- to enterprise-sized businesses, and the […]
June 27, 2024
Credit union service organization Velera is rolling out a new onboarding and project management platform. Formerly known as PSCU/Co-op Solutions, Velera said in a Thursday (June 27) news release that...
May 30, 2024
iBind Systems, a FinTech startup based in Bangalore, India, announced a collaboration with Google Cloud to modernize the onboarding experience for banks and financial institutions. By integrating iBind’s corporate banking...
May 30, 2024
Jio Financial Services launched its JioFinance app in beta mode, saying it aims to advance digital transformation and enhance the “financial well-being of every Indian.” The app aims to facilitate...
