Financial Services/page/5 news and trends

Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services

November 01, 2024
embedded finance ebook
63% of Consumers Under 35 Open to Financial Services From Non-Banks
Digital Banking // November 01, 2024

Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative and convenient financial solutions for consumers. A PYMNTS Intelligence Report, “Brands as the New Bankers:...

CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
CFPB // October 28, 2024

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs — and the rule has drawn its share of critics and legal actions. But during a discussion at Money 20/20 held...

Green Dot Launches Brand Focused on Embedded Finance Capabilities
Digital Banking // October 22, 2024

Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. This new platform offers businesses a range of embedded finance capabilities, including banking-as-a-service (BaaS), bringing together Green Dot’s banking and money processing solutions, the financial technology platform and...

Fiserv Earnings Highlight Embedded Finance and Pay-by-Bank Pacts
Earnings // October 22, 2024

Fiserv’s latest third quarter results showed growth in its core point-of-sale solutions — and long-term potential for embedded finance amid new and recently struck partnerships. CEO Frank Bisignano said during the call that “It is increasingly clear that our position at the intersection of merchant...

Interviews & Exclusives
Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services

November 01, 2024
The financial services industry stands at a crossroads where technology, customer expectations, and market pressures converge to create both challenges and opportunities. As we look toward 2025, industry leaders are unified in their vision: Success will come not just from processing transactions or providing basic services, but from delivering meaningful value that transforms everyday interactions […]

63% of Consumers Under 35 Open to Financial Services From Non-Banks

November 01, 2024
Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative...

As Klarna Eyes Banking, BNPL Becomes Onramp to NextGen Neobank

August 19, 2024
For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run...

Credit Unions vs Big Tech: Winner Gets the Customer

August 13, 2024
For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem a more than challenging proposition....

Quick Reads
Green Dot Launches Brand Focused on Embedded Finance Capabilities

October 22, 2024
Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. This new platform offers businesses a range of embedded finance capabilities, including banking-as-a-service (BaaS), bringing together Green Dot’s banking and money processing solutions, the financial technology platform and registered bank holding company said in a Tuesday (Oct. 22) […]

MoneyLion Launches Financial Products Marketplace Within Its Digital Ecosystem

October 22, 2024
MoneyLion has launched a new marketplace that lets consumers search, apply for and complete transactions across third-party financial products like loans, credit cards and savings accounts. The new MoneyLion Checkout...

BNY Clears Path for Cloud-Native Archer Acquisition

October 11, 2024
BNY is looking to add managed accounts and alternative and private market investment products as it looks to continue growing. This announcement came as the global financial services company reported...

Javice Trial: Frank Founder’s Fraud Case Delayed Amid Defense Preparations

September 23, 2024
Charlie Javice, the young entrepreneur accused of deceiving JPMorgan Chase in a $175 million acquisition deal, will now face trial next year, according to several published reports. A Manhattan federal judge on Monday...