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Samsung Teams With SoFi For Mobile Money Management Solution

PYMNTS

To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

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The Role Of ATMs In Bank Omnichannel Strategy

PYMNTS

In fact, many customers, regardless of age, desire a personal relationship with a financial manager, illustrating a shift in how branches are typically used. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that. In fact, the number of ATMs in the U.S. The ATM Opportunity.

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National Direct Bank CIT Rolls Out eChecking

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National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company announced in a press release on Friday (Nov. The new accounts have no monthly fee and offer ATM fee reimbursement of up to $15 a month. checking account. .

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Deep Dive: Why Staffing Agencies Must Consider Payroll Cards

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The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

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For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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Cards Offer SMB Relief Beyond Access To Credit

PYMNTS

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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