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Payroll Cards Find Opportunity In Corporates’ Digitization Push

PYMNTS

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. Global Cash Card’s Legal Saga Ends. ” Mastercard, EedenBull Expand Into APAC.

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Artificial Intelligence Startups Make a Splash in New York

Bank Innovation

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. Today’s event is one of three regional finals, from which a few Read More. The BBVA Open Talent Challenge is part of Next Money NYC.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. Clients, in turn, receive debit cards and can move money through mobile check deposit, wire, BillPay and automated clearing house (ACH). that let them deposit cash and checks.

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DoorDash Partners With Payfare To Launch Banking Solution For Drivers

PYMNTS

The platform offers drivers a mobile banking app and a business Prepaid Visa Card, along with new rewards. Dashers can choose to have earnings automatically added to the card every day at no cost. The new tool is available to Dashers in select regions across the East Coast. DoorDash earlier reached a $2.5

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PayPal And Visa Extend Partnership To Europe, Plan Debit Card Release

PYMNTS

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. The truce stands to benefit merchants most of all, as it will expand their ability to use their PayPal funds to support business expenses and unlock new possibilities at the point of sale. customers already have access to PayPal debit cards.

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37 Corporate Innovation Labs In Finance

CB Insights

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

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The Geopolitics of PSD2

Bank Innovation

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.