Payments Dive
JUNE 30, 2020
Wirecard North America officials said the company was looking for a new owner as the multi-billion accounting scandal at the German-based payments firm reverberated across the globe. UK regulators reached agreement to let operations resume there.
Bank Innovation
DECEMBER 7, 2017
EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.
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Perficient
DECEMBER 15, 2021
Bank of America is ready to compete with Venmo by introducing a Zelle widget. Zelle is a major peer-to-peer payment network operated by Early Warning Services. The Zelle widget can be added to the home screen of a mobile device, similar to a weather widget, so that bank customers can send money. Bank, and Wells Fargo.
PYMNTS
AUGUST 21, 2020
As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. In addition, he noted that the sale of some of the company’s operations in Britain and North America could be announced soon. billion euros ($2.1
PYMNTS
JUNE 3, 2020
In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America. According to eMarketer, eCommerce made up about 4 percent of the total spent last year in Latin America, due mostly to its cash-heavy economy.
PYMNTS
DECEMBER 17, 2020
To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8
PYMNTS
SEPTEMBER 22, 2020
To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. 1 and will stay in operation up to next spring on Level Two on the south side of the mall, KARE 11 reported. “The
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