PYMNTS

AUGUST 30, 2020

One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention, according to CoinDesk. Users of the China Construction Bank (CCB) began to notice the digital wallet feature, added suddenly and without fanfare to the mobile app.

Retail 238

Retail Mobile Report cryptocurrency 238

PYMNTS

SEPTEMBER 25, 2019

1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. The SAFE Banking Act passed the House by a vote of 321-103 and now moves on to the U.S. Cannabis-related businesses are locked out of the banking system, and cannot maintain checking accounts, process payroll obligations or pay taxes.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

NOVEMBER 30, 2020

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. PayNow and FAST enable people to move funds between banks and digital wallets.

Payments 170

Payments Digital Banking Groups Cards 170

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel.

Fintech 228

Fintech Data Risk Management Management 228

TheGuardian

NOVEMBER 24, 2023

Consumers report problems on one of busiest shopping days of year, Black Friday Thousands of HSBC customers have reported that they have been unable to access its online and mobile banking services on one of the busiest online shopping days of the year as consumers swoop on Black Friday retail deals.

Online 96

Online Retail Mobile Report 96

PYMNTS

JANUARY 12, 2021

Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc. 12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. according to a Tuesday (Jan.

Vermont 140

Vermont Community Community Bank Customer Experience 140

TheGuardian

MAY 7, 2023

Exclusive: HSBC and NatWest staffers seconded to shadow business secretary Jonathan Reynolds’s team Labour has been criticised for giving global banks access to parliament after taking an HSBC staffer into its shadow business team, despite the financial giant coming under fire over its links with China.

Policies 110

Policies Management Groups 110

The Paypers

APRIL 22, 2024

tbi bank has announced its plan to make the EUR adoption more accessible for Bulgarian customers and abandon BGN/EUR currency exchange spread.

41

41

Payments Dive

MARCH 10, 2020

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the demands of a new generation of customers.

ATM 485

ATM Digital Banking Meeting Payments 485

PYMNTS

JULY 30, 2019

Former employees of German lender Deutsche Bank reportedly retained access to the financial institution’s systems, prompting an internal review of the matter, reports in the Financial Times said Monday (July 29). One fired employee sent 450 messages by accessing Deutsche systems remotely following her layoff, reports said.

System 108

System Compliance New York Marketing Strategies 108

The Paypers

APRIL 18, 2024

Australia-based fintech Waave has introduced ‘Wallet’ to house its Pay by Bank product, a real-time account-to-account payment method with biometric security access.

Fintech 36

Fintech Security Payments 36

PYMNTS

SEPTEMBER 21, 2018

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Experts said blockchain innovators struggling to access the traditional financial services sector have been pushed out because of it.

blockchain 187

blockchain Guidelines cryptocurrency Innovation 187

Bank Innovation

OCTOBER 17, 2019

Chime, an online banking startup with more than 5 million customers, has been suffering an outage for much of past 24 hours that has left customers without access to their money. The startup blamed the disruption on an unspecified issue with a payments processor and said data was not at risk.

Online 170

Online Data Payments Customer Experience 170

PYMNTS

OCTOBER 28, 2019

Citizens Bank is partnering with Microsoft’s Xbox All Access program to offer 0 percent APR financing and integrated point of sale (POS) through Amazon , the bank said in a press release Monday (Oct. Xbox All Access offers a choice of various Xbox consoles bundled with 24 months of Xbox Game Pass Ultimate.

Rhode Island 101

Rhode Island United States Online Retail 101

The Paypers

FEBRUARY 20, 2023

Nigeria-based financial institution Access Bank has partnered with rewards platform Connected Analytics to launch a new product, Access Rewards.

Analytics 67

Analytics 67

Bank Innovation

JUNE 14, 2018

Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

social media 186

social media Data Payments Company 186

Bussman Advisory

APRIL 27, 2024

The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post Microsoft says cloud AI demand is exceeding supply | Apple offer to open up NFC payments access | Visa launches open banking with Tink in the US appeared first on Bussmann Advisory AG.

Apple 52

Apple US Fintech Payments 52

BankInovation

MARCH 7, 2022

Earned-wage access is now a reality, with U.S. Bank and PNC last month debuting real-time payroll solutions for business customers.

Charlotte 97

Charlotte US Innovation Strategy 97

PYMNTS

NOVEMBER 23, 2020

In today’s top news in digital-first banking, The Office of the Comptroller of the Currency (OCC) has proposed a personal banking rule intended to level the playing field, while U.S. Plus, Deutsche Bank is looking to purchase firms or enter into joint ventures to become a significant player in Europe’s digital payments industry.

Analysis 162

Analysis Digital Banking Report Regulation 162

ABA Community Banking

JANUARY 18, 2022

As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks are responding to this new customer demand. The post Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency appeared first on ABA Banking Journal.

cryptocurrency 128

cryptocurrency Community Bank Community Management 128

PYMNTS

DECEMBER 14, 2018

Israeli startup Access Fintech has received $17.5 Access Fintech has developed a network to help resolve business “exceptions” (also known as errors) that financial institutions (FIs) make, such as data discrepancies on the financial terms of a trade between counterparties or using the wrong information to identify a client.

Fintech 135

Fintech Resources Capital Financial Technology 135

TheGuardian

MAY 18, 2022

Regulator could fine banks failing to offer withdrawal and deposit facilities within ‘reasonable’ distance The City watchdog will be handed powers to ensure local communities across the UK have access to cash and could ultimately fine banks that fail to comply. Continue reading.

ATM 96

ATM Community Regulation 96

PYMNTS

OCTOBER 28, 2019

Citizens Bank is partnering with Microsoft’s Xbox All Access program to offer 0 percent APR financing and integrated point of sale (POS) through Amazon , the bank said in a press release Monday (Oct. Xbox All Access offers a choice of various Xbox consoles bundled with 24 months of Xbox Game Pass Ultimate.

Rhode Island 100

Rhode Island United States Online Retail 100

Payments Dive

DECEMBER 19, 2019

Donna Embry is the SVP of global payment strategies at Evolve Bank & Trust, and she's involved with next-gen on multiple levels. ATM Marketplace spoke with her to learn more about why IADs, in particular, should be paying attention to the project.

ATM 329

ATM Mobile Strategy Payments 329

The Paypers

FEBRUARY 7, 2024

Allevo has announced its decision to provide 17 banks and financial institutions with access to its new ReGIS system, operated by the National Bank of Romania.

System 41

System National Operations 41

Accenture

JUNE 17, 2019

Guest bloggers Ben Lopez and Charlie Arthy continue their series on achieving simplified, future-ready bank operations. . Collectively, Open Banking technologies, data-access methods and development methods allow simpler transformation of bank operations where modern systems can be built and executed on top of legacy systems.

Customer Experience 154

Customer Experience Operations System Software 154

TheGuardian

AUGUST 17, 2023

Treasury hints at concessions on guarantee but banks will face fines for falling below minimum service level High street banks will have to ensure customers can find access to cash within three miles of their local communities, and those falling below the minimum service level will face a fine, the government has confirmed.

Community 72

Community Groups Payments 72

PYMNTS

DECEMBER 2, 2020

In today’s top news in digital-first banking, Revolut is introducing a new function in the U.K. that will offer access to direct deposits a day early, while SWIFT is rolling out a new offering for live international payments and transfers called gpi Instant. Revolut Customers Get Access to Early Payday Option.

Miami 142

Miami Online Groups America 142

The Paypers

JANUARY 30, 2024

Access Financial Services has partnered with Nomo Bank , a digital Sharia-compliant bank, to offer Sharia-compliant property finance for UK rental and residential property.

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41

TheGuardian

MAY 8, 2023

Vulnerability of MPs’ groups to influence of private firms highlighted by appearance at blockchain inquiry Fresh questions have been raised about private firms gaining prestige and access to MPs through all-party parliamentary groups (APPGs) after an unregulated “bank” with no UK licence gave evidence to an inquiry in the House of Commons.

blockchain 56

blockchain Groups National Regulation 56

PYMNTS

JUNE 22, 2017

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank APIs. The money will be used to expand the TrueLayer team and increase coverage of supported banks before it expands beyond beta testing later this year.

Company 155

Company Fintech Groups Capital 155

TheGuardian

JUNE 25, 2021

Millions of older and vulnerable people cut off from ATMs and banking services, charity finds Banks must move swiftly to guarantee access to money for everyone as the cash system in part of the UK veers towards market failure, a national charity has said.

ATM 101

ATM National System Marketing 101

TheGuardian

DECEMBER 15, 2021

If a bank involved in initiative decides to close a branch, it will inform ATM network Link Major UK banks have agreed to join forces and share services to help people and businesses to continue to be able to access cash.

ATM 97

ATM Groups 97

The Paypers

JANUARY 16, 2023

Australia-based mortgage aggregator Finsure has partnered with Open Banking provider Frollo and lending technology provider NextGen to enable Open Banking access for its brokers.

Lending 56

Lending Technology 56

American Banker

MARCH 5, 2024

Clients that have a brokerage account with either bank can invest in the exchange-traded funds tied to the spot price of bitcoin, as the currency's value sits at historic highs.

Bitcoin 85

Bitcoin America cryptocurrency Management 85

Payments Source

JUNE 17, 2020

While most companies that offer early access to wages sell to employers, Earnin is providing direct access to workers in an attempt to mitigate overdrafts and subsequent bank charges.

Company 84

Company Fintech Payments 84

The Paypers

JUNE 12, 2023

Nigeria-based Access Bank rolls out two new consumer credit cards: the Access Bank American Express Gold card and the Metal Platinum card.

Cards 36

Cards 36