The digital banking industry is heating up — and fast. That’s why, in the May edition of the PYMNTS Digital Banking Tracker™, we’ve profiled 58 players from the FinTech and consumer banking space, including 10 additions to the Tracker: CashControl, CSI, Finex Banking Solutions, HelloWallet, Innofis, Kony,...
A new report from the Federal Deposit Insurance Corporation (FDIC) shows that mobile banking can empower underserved customers to have greater control over their finances and ultimately open up access to mainstream banking. FDIC released its report, “Opportunities for Mobile Financial Services to Engage Underserved...
The rise in digital and online banking hasn’t deterred banks in the U.S. from keeping their brick-and-mortar locations running. Financial Times reported that just one in 30 bank and credit union branches has been forced to shutter its doors since 2009, despite the massive surge in...
Banking is now entering the on-demand, voice-activated fold. In the May edition of the Digital Banking Tracker™, PYMNTS spoke with Ed Metzger, Santander UK’s Head of Innovation, Technology and Operations, about how they are leveraging this hot new technology to reimagine how banking happens in...
Banking is now entering the on-demand, voice-activated fold. In the May edition of the Digital Banking Tracker™, PYMNTS spoke with Ed Metzger, Santander UK’s Head of Innovation, Technology and Operations, about how they are leveraging this hot new technology to reimagine how banking happens in...
Last weekend, customers of Barclays Business Banking were dealing with an outage of Barclays.net, which caused a major disruption to payments. The issues reportedly began on Friday (April 29) and continued throughout the long May Day holiday weekend. As of yesterday (May 3), IT Pro...
Consumers have come to expect the ability to bank digitally, but is there a way to make the experience more than just a transaction? In the latest installment of our Commander-in-Chief series, Glen Fossella, EVP of Enterprise Growth at Urban FT, explains why spurring growth...
San Francisco-based Varo Money, a mobile-only banking startup, announced on Monday (May 2) that it raised more than $27 million in an investment round led by global private equity firm Warburg Pincus. In a press release, the bank said it aims to help consumers improve...
While the depth and breadth of the FinTech revolution are no surprise to those of us with a front row seat to the disruption of the traditional banking landscape, CBS’ “60 Minutes” took the revolution mainstream on Sunday (May 1). The program took a look into...
