How Consumers Use Digital Banks

14% of Small Businesses and Gig Workers Only Use Digital Banks
14% of Small Businesses and Gig Workers Only Use Digital Banks
July 12, 2023  |  Digital-First Banking

This next installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of digital-only banking. Traditional, brick-and-mortar banking through well-established...

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Apple’s Entrance Into Savings Accounts May Cost Neobanks and Traditional FIs 
Apple’s Entrance Into Savings Accounts May Cost Neobanks and Traditional FIs 
April 24, 2023  |  Banking

Banks may feel pressure to match Apple’s offering of higher savings rates with a Goldman Sachs savings account than most institutions as the tech giant...

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Millennial-Targeted BNPL May Help Digital Banks Retain Customers
Millennial-Targeted BNPL May Help Digital Banks Retain Customers
January 11, 2023  |  Digital-First Banking

Bank-backed BNPL may be a hook for digital-only institutions to lure millennials away from more traditional mainstays. Buy now, pay later (BNPL) plans from FinTechs...

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