July 23, 2024
Exclusive: Matera Builds on Pix Success With Digital Twins and...
The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested a lot of time and...
July 17, 2024
Capital One Announces $265 Billion Community Plan as Part of...
Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide more benefits to underserved communities...
July 01, 2024
FedEx’s Performance Saves the CE 100 Index From Decline as...
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight...
June 12, 2024
TymeBank Raising $150 Million as It Prepares for IPO
The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with our series D capital raise...
June 06, 2024
TymeBank Aims to Raise $100 Million to Fund South Africa...
TymeBank is reportedly trying to raise at least $100 million to expand in its home country. “In South Africa, we want to be the fastest-growing bank,” CEO Coen Jonker said,...
June 02, 2024
California Aims to Place Limits on Self-Checkout
Lawmakers in California want to put some checks on the use of self-checkout. As a recent Wall Street Journal editorial noted, the state’s Senate has just passed a bill that...
May 15, 2024
Paymentology and Audax Partner on Cards-as-a-Service Solution
Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card program. With the Cards-as-a-Service (CaaS)...
April 18, 2024
Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment...
April 11, 2024
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to...
This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take steps to serve newly arrived...
Individuals with mobile phones outnumber those with bank accounts in the most underbanked regions of the world, offering the telecom industry a prime opportunity to fulfill a vital role. In this month’s “Telecommunications Payments Tracker®,” a collaboration with i2c, four telecom providers tell PYMNTS how the industry is ideally positioned to provide financial access to unbanked households.