There is still too much friction involved in switching bank accounts. But a new tool from Atomic called PayLink is addressing this friction by making it easy for users to move their recurring payments.
Competition, regulatory pressure and changing customer preferences are driving banks to refocus on their customers.
Itaú joins the digital banking frenzy with "Itu," a digital banking initiative in Chile offering a virtual account and a debit card.
To attract the next generation community banks have their work cut out for them. But there are steps any bank can take to make themselves more attractive to millennial and Gen-Z consumers.
Swift released results of new blockchain experiments, but in order to become industry standard for the technology, a shift may be needed.
Digital neobank Albo saw a $40 million investment from U.S. and Mexican venture capital firms to expand SME loans in Mexico.
The popularity of BaaS has grown as businesses opt for a quick API to offer banking products, but it may have a problem.
Financial innovation is happening all around the world and the Caribbean is no exception. With a population of 45 million people it is a rich market for fintech.
In a long awaited move, the CFPB proposed a rule to improve consumer access to their financial data and drive the shift to open banking.
Pagbank reported 30 million customers, a 19% increase from 24.8 million a year earlier, now among Latin America's largest neobanks.