mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
November 22, 2024  |  Consumer Insights

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck...

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JPMorgan UK Digital Bank Debuts First Credit Card 
JPMorgan UK Digital Bank Debuts First Credit Card 
November 19, 2024  |  Digital Banking

J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards...

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Earnings Spotlight FinTech Platforms’ Progress in Speeding Banking’s Digital Shift
Earnings Spotlight FinTech Platforms’ Progress in Speeding Banking’s Digital Shift
November 05, 2024  |  Digital Banking

Digital transformation holds promise for banks, but it could also give them pause. The traditional route, upgrading legacy systems and on-premise technology — going it...

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Pinwheel and Candescent Launch Direct Deposit Switching Partnership
Pinwheel and Candescent Launch Direct Deposit Switching Partnership
October 30, 2024  |  Partnerships

FinTech Pinwheel teamed with account opening solutions firm Candescent, formerly Terafina. The partnership brings Pinwheel’s direct deposit switching solution to Candescent’s bank and credit union...

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Self-Service Banking Gets Boost From New Digital Channels
Self-Service Banking Gets Boost From New Digital Channels
October 28, 2024  |  Banking

It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps —...

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66% of Zillennials Prefer Mobile Banking, Outpacing Other Generations by 47%
66% of Zillennials Prefer Mobile Banking, Outpacing Other Generations by 47%
October 22, 2024  |  Zillennials

A new wave of financial engagement is emerging among zillennials — those straddling the line between Generation Z and younger millennials. This microgeneration, currently ranging...

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Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist’s Quarter
Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist’s Quarter
October 17, 2024  |  Earnings

After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. That was the story shared by...

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60% of Millennials Primarily Use Mobile Banking Apps
60% of Millennials Primarily Use Mobile Banking Apps
September 16, 2024  |  Digital Banking

The surge in digital banking has redefined the financial services landscape, appealing particularly to tech-savvy younger generations. As digital transactions and mobile apps become commonplace,...

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Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024  |  Digital-First Banking

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin...

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