If done right, the expansion into high value, real-time B2B payments will be a “huge game changer,” Reserve Trust CEO Dave Wright told PYMNTS, pointing to the multi-trillion dollar opportunity that exists to digitize, modernize and democratize this largely untapped slice of the market. Get...
Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m. in Seoul on Friday (Aug. 6), according to multiple media reports. Get the Full Story Complete the form to unlock...
The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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The lowly ATM may be the next front in FinTechs' ongoing encroachment of the financial sector. In PYMNTS' new Digital-First Banking Tracker, Arvest Bank's Jason Kincy explains how interactive teller machines (ITMs) are being used to deliver personalized service and improve loyalty.
At a high level, as financial services firms prepare their post-pandemic exit strategies, they will continue to focus on improving customer engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Open banking in the United States is having trouble getting out of its nascent state, the latest edition of PYMNTS U.S. Open Banking Tracker found, noting that while the tools and tech are there, consumers aren’t ready yet. Get the Full Story Complete the form to unlock...
Digital banking has changed immensely over the past year, and many of the new habits customers learned are here to stay. A full 89 percent of bank customers now leverage mobile banking apps, including 79 percent of baby boomers, and individuals over the age of...
In everyday terms, a decade is only 3,650 days. You may not look all that different today than you did in 2011, save a few wrinkles, some gray hairs, and oh, maybe 15 pounds of pandemic-induced stress eating. Get the Full Story Complete the form...