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Revolut Launches Price Comparison Service In UK

PYMNTS

FinTech Revolut is working with Decision Tech , a price-comparison technology company, to launch a new service to help users compare — and switch — providers of gas, electricity, broadband, mobile and TV. FinTechs offering a price-comparison service directly to customers.” according to an emailed release.

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Tide Revamps SMB Overdraft, Card Offerings With Mambu

PYMNTS

Cloud banking platform Mambu will help business banking platform Tide expand its services , including innovations in releasing larger overdrafts, credit cards and invoice financing, according to a press release from Mambu. Tide especially wants to use the partnership to focus on bolstering small and medium-sided businesses (SMBs) in the U.K.

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Combating Commercial Cards’ Need For The Personal Guarantee

PYMNTS

It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data. ” The Biggest Culprits Of Waste. Nixing The Personal Guarantee.

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Where Does Chime Go From Here?

Gonzobanker

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. Is it ready for an IPO?

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Card-Linking Transaction Loyalty Sees Surge

PYMNTS

It appears that more and more consumers are getting better connected with loyalty programs by linking their cards to them. “Card-linking has a network effect, and it is accelerating,” stated Silvio Tavares, CardLinx president and CEO, in a press release.

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Credit Unions Innovate, But Stay Competitive With Credit Cards

PYMNTS

Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. percent of credit union members consider their FIs’ mobile app offerings to be “very” or “extremely” important — credit cards are often a differentiator among financial institutions. In comparison, 89.8

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UK PFM App Bean Receives Approval to Launch Payments Service

Bank Innovation

UK-based startup Bean, a comparison app which alerts its users to savings opportunities, has officially received approval from the region’s Financial Conduct Authority (FCA), to launch its service, the company announced today.