New research from Visa and PYMNTS shows that only 21% of payment issuers achieve a customer lifetime value of $2,500…
Breakthrough RTP applications reshape payments with speed and security
Recent innovations in Real-Time Payments (RTP) are transforming the financial landscape, with solutions from Truist, Balance, and Tyfone enhancing speed…
How FIS’s money movement hub is transforming payment rails and reducing industry losses
FIS’s Money Movement Hub is tackling banking rail fragmentation by integrating ACH, wires, and real-time networks, reducing payment failures by…
Pymnts newswire revolutionizes fintech PR with guaranteed distribution and real-time analytics
PYMNTS Newswire addresses FinTech’s visibility crisis with guaranteed press release distribution, a two-hour publishing SLA, and real-time analytics. This innovation…
Banks shift from AI experimentation to risk governance amid regulatory crackdown
Financial institutions are prioritizing AI risk governance over experimentation, with 73% focusing on frameworks according to SAS Institute. However, 68%…
Chime’s S-1 filing tests FinTech resilience amid regulatory scrutiny and banking competition
Chime’s recent S-1 filing highlights its growth with 8.6M active users and $1.8B Q2 revenue, but faces challenges from regulatory…
U.S. Bank’s ‘co-opetition’ model bridges fintech partnerships and in-house innovation
U.S. Bank’s hybrid strategy blends blockchain partnerships like TassatPay with proprietary tools such as Avvance, targeting AI-driven fraud prevention and…
Rapid adoption of RTP and FedNow transforms U.S. payments landscape
The U.S. real-time payments ecosystem is booming, with 62% of financial institutions now connected to RTP or FedNow. Record transaction…
Interest rates dominate U.S. banking choices as fed signals cuts
A PYMNTS Intelligence study shows 66% of U.S. consumers prioritize interest rates when selecting banks, with stark differences between financially…
Democratic senators demand federal reserve records on synapse collapse amid $96m missing funds
Senators Elizabeth Warren and Sherrod Brown have escalated pressure on the Federal Reserve to release records detailing Synapse’s collapse, which…
Capital One and Discover merger faces regulatory scrutiny as Senate hearing looms
The $35B Capital One-Discover merger, set to create a payments giant with 100M customers, is under intense regulatory review. The…
TD Bank launches AI research center in NYC to boost personalized banking and fraud detection
TD Bank has opened its Layer 6 AI lab in New York City, focusing on GenAI applications for personalized banking…