After the Silicon Valley Bank and Signature Bank meltdowns, the First Republic bailout, the Credit Suisse rescue, what’s to become of the neobanks? At this writing, the issue of trust in financial institution is front and center in ways that have not been seen since...
“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster. Right now, financial services are vulnerable to all sorts of fraud because technology, wielded by criminals, allows them to hide...
For most Americans, digital-first banking has become part of life. According to our January 2022 ConnectedEconomy™ Report, 67% of U.S. consumers say they interact with their bank using digital channels, including checking their balances, paying bills and monitoring transaction alerts. As Bank of America CEO...
Many people are in a better financial position than before the pandemic. At least by some metrics. They’ve paid down debt. Perhaps they’ve padded their savings cushions with funding from the waves of stimulus payments. And yet the pressures of daily life remain. As PYMNTS’...
September 13, 2022
“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster. Right now, financial services are vulnerable to all sorts of fraud because technology, wielded by criminals, allows them to hide in the shadows — tricking even the most robust defenses […]
January 12, 2022
Many people are in a better financial position than before the pandemic. At least by some metrics. They’ve paid down debt. Perhaps they’ve padded their savings cushions with funding from...
September 12, 2024
Dutch neobank Bunq is reportedly launching a hiring spree as it aims to expand. The company’s chief executive told CNBC in a report posted Thursday (Sept. 13) that Bunq plans to expand its staffing levels by 72% this year, from 427 employees to 735, as it prepares to move beyond its European Union roots to the U.K. and U.S. […]
March 18, 2022
For most Americans, digital-first banking has become part of life. According to our January 2022 ConnectedEconomy™ Report, 67% of U.S. consumers say they interact with their bank using digital channels,...
