Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. The collaboration, announced Tuesday (March 18), offers a high-yield savings account on Santander’s Openbank platform to Verizon’s mobile and 5G customers in the U.S. The Verizon + Openbank Savings account, the companies said...
Analysts expect Societe Generale’s digital retail unit to boost business as a whole. That’s according to a report Tuesday (March 4) by Bloomberg News, citing a note from Jefferies analysts. They project that a decline in costs for BoursoBank, the French bank’s digital retail side, will help drive...
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations between May this year and March 2026, the Financial Times (FT) reported Wednesday (Jan. 29)....
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%, with that figure being 6% in the Southeast, Fifth Third Chairman, CEO and President Tim...
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 door to a continuum of financial activities. PYMNTS Intelligence has detailed that 60% of millennials, 57% of Generation Z and 52% of Generation X primarily use […]
December 09, 2024
Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving...
August 06, 2024
Cardinal Credit Union, a 71-year-old CU based in Ohio, is rooted in bringing financial education to the community and in educating younger generations. But the key to its future success...
May 30, 2024
With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous, conducting transactions via desktop browsers...
March 18, 2025
Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. The collaboration, announced Tuesday (March 18), offers a high-yield savings account on Santander’s Openbank platform to Verizon’s mobile and 5G customers in the U.S. The Verizon + Openbank Savings account, the companies said in a news release provided to PYMNTS, features a rate […]
March 04, 2025
Analysts expect Societe Generale’s digital retail unit to boost business as a whole. That’s according to a report Tuesday (March 4) by Bloomberg News, citing a note from Jefferies analysts. They project that...
January 29, 2025
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations...
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%,...
