mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).
MoneyLion Revenue Rises Amid Changing Loan Landscape
MoneyLion Revenue Rises Amid Changing Loan Landscape
November 07, 2023  |  Earnings

MoneyLion said it recorded rising revenue this quarter after developing new personal finance tools. The financial app released quarterly earnings Tuesday (Nov. 7) showing revenues of $110...

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Banks Closed 11% of Supermarket Branches Over Past Year
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023  |  Banking

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than...

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Truist: 60% of Transactions Are Now Digital
Truist: 60% of Transactions Are Now Digital
October 19, 2023  |  Earnings

Truist says it is seeing a jump in digital engagement as it continues its cost-cutting measures. Speaking during an earnings call Thursday (Oct. 19) CEO Bill Rogers said the regional...

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Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
October 17, 2023  |  Earnings

Earnings season is less than a week old. But with some of the largest names in the industry having already reported, the digital shift and...

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European Neobank N26 Integrates Dutch Payment Service iDEAL
European Neobank N26 Integrates Dutch Payment Service iDEAL
August 25, 2023  |  Digital Payments

European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in...

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Consumers Want FIs to Deliver Real-Time Financial Data
Consumers Want FIs to Deliver Real-Time Financial Data
August 25, 2023  |  Digital Banking

Serena Smith, chief client officer at i2c, told PYMNTS in a recent interview that although digital innovations in banking have come a long way in...

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Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
August 22, 2023  |  Digital Banking

Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select...

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Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
July 27, 2023  |  Buy Now Pay Later

The build vs. buy debate is a perennial one in technology, and in payments.  For neobank Upgrade, in the bid to extend its credit, mobile...

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Revolut Extends Accounts in US to Non-Citizens
Revolut Extends Accounts in US to Non-Citizens
July 25, 2023  |  Digital-First Banking

Revolut is now offering accounts to non-United States citizens lawfully in the country, who do not have a Social Security number (SSN) or individual taxpayer identification...

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