Southeast Asia’s Grab Moves Into Financial Services with Loans, Insurance
Rideshare company Grab, a rival of Uber based in Southeast Asia, is moving into financial services, aiming to serve those customers that might be underserved by traditional institutions in the region,...
View ArticleNordea Bank Offers Payments Through Fitbit Pay and Garmin Pay
Nordea Bank today announced it is rolling out contactless payment options for its customers in Sweden, Denmark and Finland, thus becoming the first major Nordic bank to offer payments on both major...
View ArticleHow Facebook Became Fast Friends with Digital Banks
EXCLUSIVE - Before social media platform Facebook became a popular channel for digital banks to offer banking features to its customers, let’s not forget that FB was first and foremost an important...
View ArticleAmerican Express Will Invest Heavily in Its Networks in 2018
EXCLUSIVE – American Express will be investing in its networks as one of its four major strategic priorities for 2018 as a way for the credit card company to adapt to the growing prominence of digital...
View ArticleDigital Bank Tandem Buys British Fintech Pariti
U.K.-based digital bank Tandem closed a deal to acquire fellow British fintech Pariti, a personal money management app in the country with about 95,000 registered users. Terms of the acquisition were...
View ArticlePayU and Kreditech Launch Digital Consumer Financing Product in India
EXCLUSIVE - Online payment service provider PayU is expanding its partnership with digital lender Kreditech by launching a cardless EMIs (equated monthly installments) service for consumers to finance...
View ArticleU.S. Banks Need to Upgrade Their Payments Infrastructure (But Not With...
EXCLUSIVE—Data will continue to be a key trend in 2018, especially as banks and fintechs in the U.S. work to improve the country’s payments infrastructure, which is in need of an overhaul (what else is...
View ArticleRipple Expects MoneyTap to Follow Alipay’s Example
EXCLUSIVE— Ripple expects the banks integrated into its new Japanese MoneyTap app will create new businesses and features on the platform, similar to the way companies are doing on China’s most popular...
View ArticleThrough New Oracle Partnership, Baton Systems is Bringing the Cloud, APIs,...
EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help....
View ArticleHow Do You Drive Customer Value with Mobile? [VIDEO]
Mobile payments may not be mainstream in the United States quite yet, but it’s growing to be a more popular payment method as new smartphones, devices, and features make their way across the consumer...
View ArticleIndia’s Embrace of The Startup
The startup culture in India is beginning to heat up. INV Fintech, Bank Innovation’s accelerator arm, has seen an increase in applications from India, and currently has two Indian companies in its...
View ArticleBBVA to Test Invisible Payments at ‘Ciudad BBVA’
Spanish bank BBVA will be testing its invisible payment strategy in-house, allowing employees and staff to use an app to pay for purchases without taking out their wallets, the bank announced today....
View ArticleWill the ‘Bank of Amazon’ Make Mobile Payments Mainstream?
EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other...
View ArticleFrench Fintech Lydia is Building a ‘Meta-Banking’ App, Launches Premium Service
Paris-based banking startup Lydia is looking to become a “meta-banking app” that will allow customers to find several financial products in its hub, TechCrunch reported today. The app, which currently...
View ArticleBacked by Amazon, Greenlight Financial to Add Credit Product
EXCLUSIVE—Greenlight Financial Technology Inc., a PFM that provides “smart debit cards” to more than 100,000 users to begin financial literacy conversations with their children, is launching a credit...
View ArticleTencent Continues Investment in AI as WeChat and Weixin Reach One Billion Users
EXCLUSIVE-- There are now approximately one billion users of Wechat and Weixin, the mobile messaging apps maintained by Tencent Holdings, according to the fourth quarter earnings the Chinese gaming and...
View ArticleMotive Partners Launches Innovation Lab in London
EXCLUSIVE – The members-only innovation lab, Motive Partners, opened a center in London today. The lab is build to work with startups that can help banks solve their pain points, which more often than...
View ArticleGoogle Assistant Now Allows Users to Pay and Request IOUs
Google Assistant is now letting its users pay or request ‘IOUs’ from friends via Google Pay, further interconnecting the mobile payments service with its other products. Users will also be able to send...
View ArticleMore Online Merchants Should Provide Instant Financing Options to Increase Sales
As mobile wallets and consumer-to-business payments platforms grow in popularity as the preferred payment method among retail shoppers, it seems only natural that merchants should consider digital POS...
View ArticleSantander Wants to Use Ripple for Cross-Border Payments
Spain’s Banco Santander is looking to launch an international money transfer app utilizing Ripple’s distributed ledger technology. The bank is exploring cross-border payments via blockchain, Business...
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