Most banks are familiar with how quickly regulatory requirements can change. One 2019 report noted that there were 220 updates to such requirements worldwide each day, equating to roughly 80,000 in one year. Staying abreast of these various compliance shifts can be costly and challenging...
Banks must adhere to shifting payments and data-privacy regulations as more consumers go digital. In the latest Digital Banks And The Power Of The Cloud Tracker, Rudolf Schmidt, chief technology officer for German challenger bank Fidor, explains how harnessing the cloud can help banks quickly...
Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the...
It’s the end of another week and the end of a busy month. The PYMNTS Weekender is here to catch you up on the latest payments and commerce news. We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. Top...
September 22, 2020
Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to […]
August 24, 2020
Businesses and consumers alike are increasingly tapping new digital offerings for their financial needs as the ongoing COVID-19 pandemic shifts banking practices. Financial institutions (FIs) worldwide are searching for solutions...
August 13, 2020
With back-end digitization no longer an option for the financial services sector, adoption of cloud infrastructure is a vital — yet often painful — process for financial institutions (FIs), FinTechs...
July 27, 2020
Financial institutions (FIs) are still struggling to respond to the rise in digital banking adoption spurred by the pandemic. Consumers as well as businesses in markets from Europe, Mexico, the...
June 22, 2020
No wonder a recent headline in The Motley Fool screamed “3 Top Cloud Computing Stocks to Buy Right Now.” The Virginia-based investing advice company wrote that one of the biggest beneficiaries of working at home during the COVID-19 pandemic has been cloud computing stocks. “Some cloud computing specialists are skyrocketing because the positive effects of coronavirus mitigation […]
