Tom Groenfeldt

Remote banking applications that proved their value when bank branches closed during Covid are thriving as financial institutions and customers learned how to use them...

Embedded finances now can include lending, insurance and wealth management.

Neo banks offer features like savings envelopes, free short-term overdrafts and no fees but they struggle to become profitable.

The Personal Financial Data Rights rule proposed by the Consumer Financial Protection Bureau (CFPB) has generated more than 11,000 comments.

The rule would give people have the power to share data about their use of checking and prepaid accounts, credit cards, and digital wallets.

The rule would give people have the power to share data about their use of checking and prepaid accounts, credit cards, and digital wallets.

The survey showed consumers are unhappy when rewards aren’t spelled out clearly — that may explain why simple cash-back rewards are popular.

Through audax, Bukalapak is offering current account and savings account services, debit cards and to its whitelisted users, lending.

Community banks and credit unions want to get personal with their customers and members.

Mercantile Bank will start originating payments early this year, he added.