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Banking Circle S.A. and Visa Direct Partner to Enhance Global Payment Capabilities
Partnership provides Visa Direct with access to Banking Circle’s extensive local clearing rails across the world
OCC Seeks Input on Challenges Facing Community Banks in Digitalization
The regulator has issued a request for information on the key challenges community banks face in adopting digital banking solutions
Santander Reduces Branches in the UK
British press has speculated that Santander may pull out entirely from the country
Higher Interest Rates Rank as Top Reason to Open Digital-Only Bank Account
On average, UK digital-only banks offer interest rates more than double those of the 'big four' high street banks
Santander Launches Digital Bank in Mexico
The move completes Santander’s plan to expand Openbank beyond the Northeast and launch in the US and Mexico by the second half of 2024
More Than One-Third of Institutional Investors Are Exploring Digital Assets
There is increasing awareness that digital assets can potentially improve diversification and drive innovation in investor’s portfolios
UK Consumers Lead Global Shift to Digital Payments
Nearly 70% of Brits are comfortable leaving physical wallets at home, versus 53% of Americans
Majority of Banks Fall Behind in Digital Transformation
Nearly one in six banks admit to lagging behind or working to catch up with digital transformation
Digital Payment Options Emerge as Top Payment Methods
More than half (57%) of consumers plan to spend most of their income online in 2024
How Banks Can Unlock Their Full Potential
As fintechs continue to deliver real-time, 24/7 banking services, legacy banks risk being left behind
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