Monzo Android Users Can Now ‘Tap to Activate’ Debit Cards
Android customers of British neobank Monzo can now activate their new Monzo debit card by tapping the physical card on their phone, the British bank announced today. The feature is a better way for...
View ArticleBitcoin- Now Available on Square’s Cash App?
Is payment app Square Cash about to provide users the option to buy and sell the cryptocurrency bitcoin? Well, that certainly seems the case, given that Square has initiated a trial allowing a few...
View ArticlePPRO Partners with Klarna to Expand Credit Payments in Europe
European bank Klarna is teaming up with digital cross-border payments service PPRO Group to offer expanded credit-based payments to European merchants, the companies announced today in a press release....
View ArticleUK Startup LBX to Launch Debit Card for Crypto Spending at the POS
UK-based startup, the London Block Exchange (LBX) is launching a debit card that will allow users to spend cryptocurrencies at the point-of-sale, the company announced yesterday. The cryptocurrency...
View ArticleIndian Payment Company Paytm and ICICI Bank Launch New Digital Credit Product
India’s largest payment platform, Paytm has teamed up with one the country’s largest private sector banks to offer interest-free digital credit its users. This interest-free short-term digital credit...
View ArticlePayment Security Provider Token Inks Deal with Marqeta and Mastercard
EXCLUSIVE -Fintech startup Token has inked a major partnership with payment processor Marqeta and Mastercard that tremendously expands its reach in the online retail space, just in time for the...
View ArticleWatch How Fast Alibaba’s Singles Day is Growing
China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held on November 11 each year, processed nearly 1.5 billion transactions on that...
View ArticleGarmin Goes Live with Contactless Payment Feature for Latest Smartwatch
EXCLUSIVE – Contactless payment capabilities are now available on wearable maker Garmin International’s latest smartwatch. Today Garmin International, along with payment technology provider FitPay,...
View ArticleBank Innovation Completely Overhauls 2018 Conference Agenda
EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees. In addition to fireside...
View ArticleNew Glint App Lets Users Pay for Goods in Gold
London-based fintech Glint has launched a way for users to pay for goods and services in gold. The company moved into public beta today, with a mobile app, accompanying Mastercard-powered debit card,...
View ArticleAllied Irish Bank Buys Minority Stake in Payments Firm TransferMate
Allied Irish Bank (AIB) has invested €30 ($35.3) million in B2B payments platform TransferMate. The investment has likely brought the valuation of the fintech to €300 million ($350 million), according...
View ArticleHackers Stole $31M in Tokens from Cryptocurrency Company Tether
Cryptocurrency startup Tether has flagged some of its tokens after announcing that hackers have snatched $31 million-worth of tokens from its “treasury wallet,” the company said today. The funds were...
View ArticleCleveland Fed Pulls P2P Lending Report for ‘Revision’ Over Questions on Data
The Federal Reserve Bank of Cleveland has taken a report on P2P lending offline due to questions regarding the report’s underlying data. Released earlier this month, the report — which is now under...
View ArticleDon’t Send Payment Reminders with Social Media, FICO Says
Consumers still aren’t comfortable receiving notifications like late payment reminders through social media channels, a study released today by FICO found. While more and more consumers are growing...
View ArticleZelle Use Surges at Bank of America
EXCLUSIVE – Bank of America had five million transactions via the digital payments service Zelle in October alone, an amount 35% higher than the average 3.7 million transactions per month the bank...
View ArticleNorwegian Banks Come Together to Form Unified Payments System
Norwegian banks are coming together to merge their payments. According to Reuters, the purpose behind this merger is to combat competition from global payment companies, perhaps ones like PayPal or...
View ArticleStandard Chartered, Axis Bank Tap Ripple for Cross-Border Payments
Two banks have unveiled a corporate cross-border payment solution for real-time payments, using Ripple’s blockchain solution for the network. The solution, which is now commercially available between...
View ArticleWhat’s Next for SWIFT? APIs, Realtime Payments, and Cryptocurrency
EXCLUSIVE–With global payments service SWIFT gpi (global payments innovation) finishing up its first active year, how is SWIFT planning to push the service forward in 2018? The banking infrastructure...
View ArticlePayPal Adds Invoice Feature to Facebook Messenger
EXCLUSIVE – The latest in PayPal’s busy week: the payments company is now letting users create an invoice through the Facebook Messenger service, expanding on its recent partnership with the social...
View ArticleDream Payments Is Gearing Up for U.S. Market Expansion
EXCLUSIVE – Cloud-based payment processing platform, Dream Payments is marshaling forces for a major U.S. launch next month. The payments platform, which has been live in Canada since 2016, will go...
View Article