Remove Capital Remove Cards Remove Management Remove Metro
article thumbnail

UK Metro Bank Hit By Messaging Scams

PYMNTS

To that end, Metro Bank said earlier this week that at least some of its customers had been victimized by fraud that focuses on text messages sent across telecom companies’ networks that Reuters reported are used to verify transactions. Metro said that the attacks are leveled at a number of British banks, a roster that includes Metro. “Of

Metro 169
article thumbnail

Metro Bank UK: 2023’s Next Bank Collapse? | Samsung’s Trackable Card Unveiled | UBS Tests Tokenized Fund on Public Blockchain

Bussman Advisory

This week’s must-know stories: Metro Bank’s Financial Struggles: Will Metro Bank in the UK be 2023’s next banking collapse? UK’s Metro Bank shares plummeted by 31% following reports of its urgent need to raise funds to stabilize its finances. The post Metro Bank UK: 2023’s Next Bank Collapse?

Metro 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payhawk Raises $3.35M For Virtual Corporate Cards

PYMNTS

Payhawk , which makes next-generation paperless company cards, closed a 3-million-euro ($3.35 The system has machinations for putting funds into employee credit cards, dealing with invoice payment or collection, and working out transactions via the company software and generating the corresponding reports.

Cards 167
article thumbnail

Union Budget 2021: Highlights

BankBazaar

Metro services announced in 27 cities, plus additional allocations for Kochi Metro, Chennai Metro Phase 2, Bengaluru Metro Phase 2A and B, Nashik and Nagpur Metros. Digital payments are here to stay and we’re going to see greater adoption of modes such as UPI, netbanking, and Credit Cards.

Metro 122
article thumbnail

High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”.

Fintech 100
article thumbnail

Delivering A Secure Seamless Banking Experience In The Age Of COVID-19

PYMNTS

The 83-year-old CU, which has 16 branches in the metro Phoenix area and holds $1.9 These solutions are playing a particularly important role as bad actors ramp up their attacks to capitalize on chaos and confusion arising from the ongoing pandemic.

Arizona 159
article thumbnail

Almost 70% Of Bankbazaar Consumers Have A Healthy Credit Score

BankBazaar

The high number of customers with high Credit Scores indicates that customers are not only becoming more vigilant towards monitoring their credit report but are also managing their financial life in the right way.”. Looking for instant customised rate quotes on Personal Loans , Credit Cards or any other personal finance products?

Metro 78