September 26, 2021
Digital Banking: The Brewing Battle For Where We Will Bank...
September 26, 2021
OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
New blood, as they say, shakes things up a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
September 26, 2021
China To “Deepen” Antitrust Probe Into Mobile Payments
China’s central bank will “deepen” its antitrust investigations into the mobile payment sector, which has been dominated by a few private financial technology firms, despite “interim progress” made in the...
September 26, 2021
UK’s Wise Teams Up With New Payments Platform In Australia
Digital money transfer group Wise will join an Australian payments network which should allow transfers to be settled in the country faster and at lower cost, CEO Kristo Kaarmann said...
September 24, 2021
Banking M&A Activity On a Hot Streak Again
M&A activity is heating up substantially after a pandemic pause, with the latest deal involving Valley National Bancorp’s acquisition of Bank Leumi announced Thursday (Sept. 23). Get the Full Story...
September 24, 2021
China Widens Mobile Payments Antitrust Probe
The central bank of China is planning to “deepen” its mobile payments-focused antitrust probes, even though it has seen “interim progress” in the last year, its deputy governor said on...
September 24, 2021
Lloyds Lifts Contactless Spending Limits
Starting next month, customers of three Lloyds Banking Group institutions will be able to set their own contactless spending limits. Get the Full Story Complete the form to unlock this...
September 24, 2021
The Week in Payments: PayPal’s Super-App Debut, Voice as Third-Generation...
It’s been a decidedly connected week in payments, with PayPal debuting its hotly anticipated super app, Alexa taking to the open road via the OnStar Guardian skill starting with General...
September 24, 2021
Tackling Privacy Concerns Would Be Key to Ensuring Digital Euro...
It is possible that an electronic version of euro notes and coins may one day be widely available for use in Europe. But while the projected completion of that complex...
With nearly half of CU executives saying a lack of resources prevent them from bringing innovations to market, CUs are stuck piloting the digital innovations their members crave — and are willing to switch FIs for. The rise of strategic mergers is a way that some CUs are exploring to pool resources, innovate and drive scale. Read more in the “Credit Union Tracker®,” a collaboration with PSCU.
Digital bank users are signaling a shift that could reshape how everyday payments move. New PYMNTS Intelligence research conducted with Trustly shows that, under the right conditions, this mobile-first segment is ready to move a meaningful share of transactions away from cards and toward Pay by Bank. Get the details in “Pay by Bank Deep Dive: Digital Bank Users Are Ready to Switch.”