Starling Bank Opens Mobile-Only Business Account
UK challenger Starling Bank is continuing its mobile banking momentum with the launch of business accounts for small businesses and small traders, the bank announced today. Starling’s business banking...
View ArticleDo Mobile Banking Apps Help with Financial Awareness?
Customers who use mobile banking apps more often than their peers are likely to have a better understanding of their financials, according to research conducted by Citibank. The bank’s Mobile Banking...
View ArticleFrench Telecom Group Orange to Open an Online Bank in November
The French telecom company Orange is launching an online bank, after previously pushing back the launch of the service several months. The launch of the service, known as Orange Bank, will take place...
View ArticleEthereum Hard Fork Will Encrypt Transactions, Could Boost Wall Street Acceptance
A coming upgrade to the Ethereum blockchain would allow transactions, not just users, to remain private on the network. Similar to bitcoin’s network, users on the Ethereum blockchain remain...
View ArticleChinese Tourism May Bring QR Codes Mainstream in the U.S., U.K.
EXCLUSIVE— Will the popularity of the QR code in China eventually make its way to the United States, the United Kingdom, and other Western markets? It could, with a little push from Alipay. The mobile...
View ArticleWhy the Crypto Community Is Waiting for Casper
EXCLUSIVE– If you are a crypto enthusiast, or an investor curious about how the following months will affect the value of your ether, then Casper is a project you should know about. The proposed...
View ArticleNACHA Picks First Five APIs for Payment Innovation Development
Electronic Payments Association NACHA has named the first five APIs, chosen from a list of 16, that it will be developing in its efforts to further advancements in payments and digital finance. These...
View Article$3.46 Trillion in 3 Months: China’s Colossal Mobile Payments Market
Xinhua News reports that consumers in China’s third-party mobile payment market spent a total of $3.46 trillion (23 trillion yuan) in mobile transactions during the second quarter of 2017 alone. This...
View ArticleTD Bank Wants to Use Kasisto AI to Enable ‘Human Conversations’ Across Banking
EXCLUSIVE— Providing “conversational banking” isn’t quite as easy now that most customer conversations take place over digital, which is why multiple banks have turned towards chatbots and AI. Take TD...
View ArticleThe PayPal-Mastercard Global Partnership May Lead to a PayPal NFC App
EXCLUSIVE- Is the global expansion of the PayPal–Mastercard partnership the beginning of a standalone PayPal NFC app? Could be. The partnership, announced last week, brings Mastercard into PayPal as a...
View ArticleBitFlyer Launches Bitcoin Visa Prepaid Card
Japan’s largest bitcoin exchange, bitFlyer, announced on Friday that it has launched a yen-dominated bitcoin Visa prepaid card, bringing Japanese consumers one step closer to being able to use bitcoin...
View ArticleMastercard to Open Innovation Lab in India, Partner for ‘Smart City’
Global payment network Mastercard will be opening another innovation lab, this time in Pune, India, where the company will continue to focus on finding and experimenting with new fintech technologies....
View ArticleWells Fargo Adds NFC to its ATM Network
For those customers withdrawing their money from Wells Fargo, the bank has now added another way to over 5,000 of its ATMs: users can now use NFC or “tap and pay” at the terminal. The capability works...
View ArticleBusiness Payments Company Bill.com Gets $100 Million Investment from JPMorgan...
Digital business payments company Bill.com gets a boost from a $100 million investment led by JPMorgan Chase & Co and Temasek Holdings. According to reports, the investment will be used to expand...
View ArticleDespite Slow Growth Rates, Data Shows Digital Wallets Will be Big in 2018
Digital Wallets is going to be big. Despite a very slow rate, both merchants and consumers are vouching that the value a digital wallet poses is tremendous to both parties. According to a report by...
View ArticleChinese Microlending Fintech May Make Min Luo a Billionaire
With a net worth of at least $1.2 billion, Min Luo may be the latest Chinese billionaire to have amassed his wealth from within the fintech industry, according to Bloomberg. The founder and chief...
View ArticleRipple Network Passes 100 Members, XRP to Be Used as Liquidity Tool
EXCLUSIVE—RippleNet, the enterprise blockchain network maintained by distributed ledger firm Ripple, has just passed the 100-member mark. Seven new banks have just joined the network, the company...
View ArticleDanske Bank Shuts MobilePay, Enters Talks with Rival Vipps
Danske Bank said Wednesday that it will shut down its MobilePay app in Norway and instead use rival DNB Bank’s Vipps service. Vipps started gaining momentum over MobilePay after a February deal between...
View ArticleAmericans Feel Positive About Fintechs, But Still Won’t Leave Their Banks
A majority of American consumers want to do their banking online, and think that physical financial institutions are moving to their end as well as agree that larger banks don’t innovate fast enough...
View ArticleSWIFTNet Snags Major Partnership with EBA Clearing in Core European Market
EXCLUSIVE – A new partnership with pan-European payment infrastructure provider EBA Clearing will help push financial services company SWIFT forward in its expansionary goals for its instant payment...
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