Banking App news and trends

Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies
Security & Fraud // February 07, 2023

The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in...

Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management
Data // December 13, 2022

Item-level data is poised to bring a new level of impact and relevance to card-linked offers. The status quo of listing purchases as “general merchandise” is getting a reboot with SKU-level data that gives a far better portrait of the consumer to retailers, enabling more...

Stash Adds Venture Investor Liza Landsman as Independent Board Member 
Digital-First Banking // November 14, 2022

As it enters its next stage of growth, investing and banking app Stash has added eCommerce expert and venture investor Liza Landsman as an independent board member.  Landsman serves as a general partner at global venture capital firm New Enterprise Associates (NEA). Before that, she...

Carbon Trackers, the Next Big Thing in European Banking Apps
Digital Banking // August 30, 2022

When considering tools to help reduce their carbon footprint, few people will immediately think of their mobile banking app. And yet, a growing number of European banks are introducing features that allow users to monitor the carbon emissions their spending generates. This month, Dutch banking...

Interviews & Exclusives
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]

Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management

December 13, 2022
Item-level data is poised to bring a new level of impact and relevance to card-linked offers. The status quo of listing purchases as “general merchandise” is getting a reboot with...

Quick Reads
Onyx Private Shifting Business Model From B2C to B2B

March 18, 2024
Digital bank Onyx Private is reportedly changing its business model and “moving away from the B2C model.” The company is not shutting down, Onyx Private CEO Victor Santos told TechCrunch in a report posted Monday (March 18). Santos said this when asked by TechCrunch about an email Onyx Private sent to a customer, saying that the company was discontinuing its […]

Stash Adds Venture Investor Liza Landsman as Independent Board Member 

November 14, 2022
As it enters its next stage of growth, investing and banking app Stash has added eCommerce expert and venture investor Liza Landsman as an independent board member.  Landsman serves as...

Thailand’s Siam Commercial Bank Teams With Ripple For Payment App

January 10, 2020
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Ripple helped them create...

South Korea FinTech Gets Initial Approval For Online Bank

December 16, 2019
South Korean FinTech startup Viva Republica, creator of the financial services platform Toss, was granted preliminary approval for a digital banking license from the Financial Services Commission of Korea, a...