financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
May 10, 2023  |  Financial Inclusion

With millions of Americans still struggling to access traditional credit options, achieving full financial inclusion will be neither quick nor easy. With an estimated 307...

READ MORE >
Goldman and Microsoft to Test Blockchain’s Future in Financial Services
Goldman and Microsoft to Test Blockchain’s Future in Financial Services
May 09, 2023  |  Cryptocurrency

Several firms are banding together to leverage blockchain — and distributed ledger technology — to transform financial markets. The roster includes Goldman Sachs Group Inc,...

READ MORE >
Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
May 08, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

READ MORE >
An Industry Insider on Community Banks’ Potential to Prosper With BaaS
An Industry Insider on Community Banks’ Potential to Prosper With BaaS
May 05, 2023  |  Digital-First Banking

Community banks have a unique opportunity to tap into the $22 billion market opportunity created by platforms and FinTechs in enabling embedded finance for their...

READ MORE >
Banking as a Service Boosts Community Banks’ Potential to Prosper
Banking as a Service Boosts Community Banks’ Potential to Prosper
May 04, 2023  |  Digital-First Banking

Consumers and businesses increasingly seek seamless, digital-first experiences, and banking as a service (BaaS) has emerged as a powerful tool to meet this demand. Companies...

READ MORE >
PYMNTS Intelligence: Protecting Members Is at the Heart of Open Banking Compliance
PYMNTS Intelligence: Protecting Members Is at the Heart of Open Banking Compliance
May 03, 2023  |  Credit Unions

Credit unions are regulated by a number of federal agencies, including the National Credit Union Administration (NCUA), the Federal Reserve, the Consumer Financial Protection Bureau...

READ MORE >
PYMNTS Intelligence: Meeting Digital Demands With Customer-Focused Innovation
PYMNTS Intelligence: Meeting Digital Demands With Customer-Focused Innovation
April 18, 2023  |  Digital Banking

Fears of a recession are stressing consumers and complicating banks’ efforts to deliver winning customer service. More than eight in 10 bank executives, for example,...

READ MORE >
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
April 17, 2023  |  Digital Banking

Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions...

READ MORE >
PYMNTS Intelligence: BaaS Makes Embedded Finance a Winning Strategy for All Parties
PYMNTS Intelligence: BaaS Makes Embedded Finance a Winning Strategy for All Parties
April 14, 2023  |  Retail

Embedded finance would not be possible if not for Banking-as-a-Service (BaaS), a fee-based model that allows nonfinancial companies to offer financial services to their end...

READ MORE >