As much as digital payments players don’t want to admit it, cash is still king and consumers still use and want it. And a new FIS Solution, powered by PayPal, brings the best of both worlds so that digitally driven consumers can have their cash, and a digital experience,...
Barclays has taken another JPMorgan Chase banking executive to serve on its executive team. Barclays CEO James E. Staley hails from JPMorgan, and now, the bank’s COO will as well. Barclays announced yesterday that Paul Compton, formerly JPMorgan’s chief administrative officer, would join in May as...
Roughly 24 hours after JPMorgan Chase announced it would be deploying cardless ATMs, Bank of America has thrown its hat into the race. According to reports by CNBC, Bank of America’s cardless ATMs are expected to start popping up in four cities — Sunnyvale, California; Charlotte, North Carolina;...
If a bank doesn’t offer digital services, a lot of Americans are likely to take their money elsewhere. According to a new survey from technology company VSoft Corporation, nine out of 10 (89 percent) of consumers in the U.S. expect their bank or credit union...
Fiserv, a global provider of financial services technology solutions, is preparing to expand its suite of digital banking and payments offerings by acquiring the assets of ACI Worldwide’s Community Financial Services (CFS) business. The all-cash transaction, valued at $200 million, will enable Fiserv to provide...
With the FinTech revolution underway, Lloyds Banking Group is attempting to keep up with the times. At least that’s what the group is doing with its new Digital Banking Hub that’s been rolled out in order to get the bank up to speed with the...
“It’s only a matter of time before the lines completely blur between managing a money experience and essentially holding deposits securely.” That’s the view of Alex Sion, President of Moven Bank, who tells MPD CEO Karen Webster that 2016 will be a pivotal year in...
The world, or at least the United States, is awash in digital technology — or maybe it only seems that way. Last month, the McKinsey Global Institute found that improved technology adoption in the U.S., namely through digitization, could add as much as $2.2 trillion to...
