Klarna Partners with ACI to Provide Additional Payment Features in the U.S.
EXCLUSIVE – There’s an argument made in favor of keeping plastic cards and online shopping, but Swedish payment company Klarna is not on that side, based on its recent effort to rid customers of the...
View ArticlePetal Card Raises $13M Led by Thiel’s VC Firm
EXCLUSIVE – Petal, the card designed to serve the credit invisible, has raised $13 million in funding that it will use to double its employees as the young startup tries to meet the demand of its...
View ArticleLook Beyond Technology for Better Digital Banking, Fiserv Says
EXCLUSIVE—With mobile banking services offered at the majority of financial institutions, innovating the digital space is becoming more important in the fintech ecosystem, especially for smaller...
View ArticleFintech for Kids: How Startup Greenlight Financial Teaches Kids about...
EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. Today the Atlanta-based...
View ArticleLG Might Launch ‘LG Wallet’ in the U.S. in 2018
South Korean technology company, LG Electronics could be bringing its own mobile payments service to the U.S. in 2018. “LG Electronics said Tuesday it will launch its mobile payment system in the...
View ArticleRipple, MoneyGram Announce Partnership to ‘Modernize’ Payments
Blockchain firm Ripple will be partnering with U.S. money transfer service, MoneyGram, to test out payment flows of XRP, Ripple’s native cryptocurrency, the companies announced today. Through the...
View ArticleGerman Online Lender Kreditech Heads to India
EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. For this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing...
View ArticleBank of America Sees “Overwhelming” Growth in Zelle Numbers
EXCLUSIVE — It’s another great quarter for Bank of America in terms of number of users of its P2P payment app Zelle. The bank just released numbers for the Zelle app in Q4’17 that shows it processed...
View ArticleVisa Partners with NovoPayment for Realtime B2B Payments in Latin America
Visa is partnering with cloud-based enabler of digital financial and transactional services, NovoPayment, to bring payment solutions for Business to Business (B2B) transactions in Latin America and the...
View ArticleFitPay Founder & COO Michael Orlando Joins Bank Innovation 2018
EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco....
View ArticleJPMorgan Chase ‘Excited’ for Zelle, Millennial App Finn in 2018
EXCLUSIVE—JPMorgan Chase will continue to expand its digital payment offerings in 2018, looking to acquisitions such as WePay to keep up its growth, bank CEO Jamie Dimon said during the bank’s earnings...
View ArticleWhat Banks Are the Biggest Fintech Investors?
Big banks say they want to invest in fintech. But which are the ones actually putting their money on it? Well according to a report by CB Insights, of the ten bulge bracket banks, that would be Goldman...
View Article3 Fintech Predictions for 2018 [SPONSORED]
Rarely a day goes by that the financial industry isn’t being infused with the latest and greatest technologies. Fintech, or the marriage between finance and technology, is several decades in the...
View ArticleCrypto Company Wirex Will Expand to the U.S. in 2018
EXCLUSIVE—Crypto wallet provider Wirex will be expanding its services to several new markets in 2018, including the United States, CEO Pavel Matveev told Bank Innovation. “It’s [one of] our top...
View ArticleStartup RazorPay Receives $20M from Y Combinator and Tiger Global for its...
Indian fintech RazorPay has raised $20 million in a Series B for its payments gateway, the company announced yesterday. A round led by Tiger Global, as well as Silicon Valley’s Y Combinator, the influx...
View ArticleWhat You Should Know about Europe’s Big Payments Regulation PSD2
EXCLUSIVE – After more than two years of planning, Payments Services Directive II or PSD2 finally arrived in Europe on Saturday. The regulation has been dubbed as one of the more substantial regulatory...
View ArticleFintech Curve Moves Out of Beta and Eyes European Expansion
EXCLUSIVE—British fintech Curve opened its app for users in the United Kingdom today, allowing consumers full access to its host of mobile banking tools, including its ‘Go Back in Time’ feature for...
View ArticleIndian Consumers Prefer Biometrics over PINs for Authenticating Payments
Indian consumers prefer biometrics to PINs or passwords to authenticate payments, a new report by Visa suggests. According to the report, 99% of those surveyed said they would like to use at least one...
View ArticleChase, Citigroup Display Strong Mobile User Growth as Wells Fargo Growth Dips
EXCLUSIVE— While mobile banking usage appears to be steadily increasing, some banks are getting better at it than others. Bank of America, which reported its fourth quarter earnings for 2017 today,...
View ArticlePayment Provider Flywire Acquires OnPlan for ‘More Flexible’ International...
EXCLUSIVE—International payments provider Flywire will acquire OnPlan Holdings, the parent company for OnPlanU and OnPlan Health, for faster and more flexible payment solutions, the companies announced...
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