In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through mobile channels. Among the consumer that PYMNTS surveyed, 46.8% surveyed said they’d engaged with mobile banking apps at least weekly,...
The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. PYMNTS Intelligence has detailed that 60% of millennials, 57%...
The banking landscape is in flux, and flux sometimes requires patience. That was the news delivered on Thursday’s (April 17) first-quarter 2025 earnings call for Truist, where executives stressed to investors that digital and payments transformation doesn’t always need to be disruptive to be effective....
Revolut is reportedly building a rewards-based credit card that would use the RevPoints points system the company launched in July for use with debit cards. The company’s new points-based credit cards are in the early stages of development, will be available in the U.K. and...
April 29, 2025
A recent report from PYMNTS reveals that zillennials, the demographic cohort straddling the late 20s and early 30s, are a driving force behind the evolution of digital banking, with a unique blend of tech-savviness and reliance on traditional financial institutions. The study, “Generation Zillennial: Driving Financial Service Innovation,” explores the financial preferences and behaviors of […]
April 23, 2025
In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through mobile channels. Among the consumer...
April 18, 2025
The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front...
March 21, 2025
Innovation is top of mind for consumers — nearly half of them say they would entertain the idea of switching their allegiance to a financial institution (FI) that serves up...
April 14, 2025
Revolut is reportedly building a rewards-based credit card that would use the RevPoints points system the company launched in July for use with debit cards. The company’s new points-based credit cards are in the early stages of development, will be available in the U.K. and will be offered for each of its subscription tiers, Sifted […]
April 03, 2025
Block’s Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The number of the app’s users...
March 31, 2025
Mobile banking app Chime launched a premium membership program alongside several new features. Chime+ is available exclusively to members who direct deposit, the company said in a Monday (March 31)...
January 21, 2025
Ohio-based Fifth Third Bancorp is seeing gains from its investments in new branches in the Southeast U.S. and its digital banking platform. Fifth Third generated year-over-year household growth of 2.3%,...
