The expansion of banking ecosystems has long been in place as financial institutions (FIs) link with providers to fine-tune and modernize operations.
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PYMNTS Intelligence has found that a majority of traditional financial services firms have inked pacts with third-party providers, including FinTechs. Past surveys indicate that 65% of banks and credit unions have entered ...
Add Monzo to the growing list of digital banks exploring the mobile phone market.
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The U.K. FinTech is weighing the launch of its own digital SIM and monthly contracts, the Financial Times (FT) reported Monday (Aug. 18), citing sources familiar with the matter. The report added that Monzo confirmed it had entered the “early stages” of its plan.
“When we heard from our...
OpenAI’s chief executive said the artificial intelligence (AI) market is in a bubble.
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“When bubbles happen, smart people get overexcited about a kernel of truth,” Sam Altman said in a Friday (Aug. 15) interview with The Verge.
“If you look at most of the bubbles in history, like the tech bubble, there was a real thing. Tech was really important. The internet was a...
It’s rare to witness a classic payment instrument not just endure but thrive by reinventing itself. Such is the case with gift cards.
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Mary Bailey, senior product manager for Bank of America’s gift card program, has witnessed this evolution firsthand over nearly two decades. Bailey recounted that when she first began working with gift card programs, issuers were limited...
Beyond the raw numbers of mobile wallet adoption, a recent analysis by PYMNTS Intelligence uncovers the psychological underpinnings of digital payment habits, revealing that it is consumer motivation and behavioral profiles, not just technology, that truly drives the “Pocket Revolution.”
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Our report, titled “How the World Does Digital 2025: Pocket Revolution: How Mobile...
When the payments industry talks about the “future of money,” the conversation often revolves around abstract visions spanning decentralized finance, tokenized assets and frictionless global transfers.
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But for FIS, a $14 billion FinTech giant serving 10,000 customers worldwide, the future isn’t just an idea. It’s a product roadmap. And in late 2024, that roadmap took a...
The CE 100 Index outpaced all benchmarks, with a big boost from the Be Well segment, where a key component got a thumbs up from famed value investor Warren Buffett.
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The overall index gathered 2.2%, as most pillars were higher, with the exception of the Move segment, down 0.2%, and the Shop group, dipping 0.6%.
UnitedHealth Group’s 21.2% surge led the Be Well components...
It’s good to be Instacart these days. That’s the topline of our app provider rankings this week, which focuses on “aggregator” apps, or better known as the platforms that bring together numerous businesses offering similar products or services and make them available to consumers under a unified brand.
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The PYMNTS.com aggregator apps ranking page offers a monthly...
The coffee industry has long been split between the mass-market efficiency of global chains and the artisanal cachet of specialty cafes. Think: giants like Starbucks and Dunkin’ on one end, and single-origin, pour-over purists on the other.
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“What I had seen 20 years ago when I started this business, and what I continue to see today, is people have to do a this or that...
Every year, $8.2 billion quietly slips away from financial institutions, lost in the flow of customer disbursements routed to third-party banks. But what if these payouts, often treated as transactional necessities, could become powerful tools for growth, loyalty and strategic advantage? In this exclusive PYMNTS Intelligence report, created in collaboration with Ingo Payments, we explore how...