Financial Services news and trends

Mastercard Debuts Platform to Help Small Businesses Consolidate Digital Tools

November 12, 2024
mastercard
J.P. Morgan: Digital Identities Key to Scaling Financial Blockchains
Blockchain // November 08, 2024

What can blockchain technology do for financial services in a friendly regulatory environment? With a new president coming in 2025, the ecosystem is about to find out. Donald Trump has promised to the industry that he — the U.S. Securities and Exchange Commission (SEC) under...

MoneyLion’s Customer Growth Surges 54% on Ecosystem Upgrades
Earnings // November 07, 2024

MoneyLion’s third-quarter results showed double-digit growth in customers and revenues as individuals gravitated to what the FinTech’s management termed the company’s “digital ecosystem” for personal finance — with the app and marketplace as key centerpieces. Investor materials noted that total revenues gained 23% to $135...

Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services
Opinion // November 01, 2024

The financial services industry stands at a crossroads where technology, customer expectations, and market pressures converge to create both challenges and opportunities. As we look toward 2025, industry leaders are unified in their vision: Success will come not just from processing transactions or providing basic...

63% of Consumers Under 35 Open to Financial Services From Non-Banks
Digital Banking // November 01, 2024

Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative and convenient financial solutions for consumers. A PYMNTS Intelligence Report, “Brands as the New Bankers:...

Interviews & Exclusives
Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services

November 01, 2024
The financial services industry stands at a crossroads where technology, customer expectations, and market pressures converge to create both challenges and opportunities. As we look toward 2025, industry leaders are unified in their vision: Success will come not just from processing transactions or providing basic services, but from delivering meaningful value that transforms everyday interactions […]

63% of Consumers Under 35 Open to Financial Services From Non-Banks

November 01, 2024
Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative...

As Klarna Eyes Banking, BNPL Becomes Onramp to NextGen Neobank

August 19, 2024
For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run...

Credit Unions vs Big Tech: Winner Gets the Customer

August 13, 2024
For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem a more than challenging proposition....

Quick Reads
Mastercard Debuts Platform to Help Small Businesses Consolidate Digital Tools

November 12, 2024
Mastercard has introduced a new platform designed to help financial and service providers offer their small business customers a way to consolidate the digital tools they use to run and grow their businesses. The Mastercard Biz360 platform provides a “one-stop shop” that allows business owners to access new features while also integrating their existing digital […]

Green Dot Launches Brand Focused on Embedded Finance Capabilities

October 22, 2024
Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. This new platform offers businesses a range of embedded finance capabilities, including banking-as-a-service...

MoneyLion Launches Financial Products Marketplace Within Its Digital Ecosystem

October 22, 2024
MoneyLion has launched a new marketplace that lets consumers search, apply for and complete transactions across third-party financial products like loans, credit cards and savings accounts. The new MoneyLion Checkout...

BNY Clears Path for Cloud-Native Archer Acquisition

October 11, 2024
BNY is looking to add managed accounts and alternative and private market investment products as it looks to continue growing. This announcement came as the global financial services company reported...