PYMNTS
NOVEMBER 17, 2020
Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.
PYMNTS
APRIL 28, 2020
These shifts have made digital banking and debit transactions more important than ever. Consumers are also avoiding cash out of concern that the virus could linger on physical object and are thus favoring virtual and contactless payment cards instead. The Paytm cards can be used both in-store and online.
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PYMNTS
JUNE 16, 2020
Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. .
PYMNTS
JUNE 13, 2019
Digital bank Monzo, based in the United Kingdom, is crossing the pond. shores, debuting with what is being termed a “limited rollout” of an app linked to a checking account and debit card. The company traces its genesis to 2015 and is among a pantheon of “neobanks” that focus on digital offerings. “We In the U.K.,
PYMNTS
AUGUST 15, 2019
banking market through a partnership with Ohio-based Sutton Bank. It has already signed consumers up for its cards in cities including Los Angeles, New York and San Francisco and there is currently a waiting list. In June, Monzo started its move into the U.S. In the U.S.
Gonzobanker
JUNE 7, 2023
The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. For neobanks, funding is plummeting and the path to profitability is about as formidable as crossing the 101 Highway in Los Angeles by foot.
PYMNTS
AUGUST 30, 2020
New delays at the United States Postal Service (USPS) have complicated B2B payments further even as they were already disrupted by the pandemic, The Los Angeles Times reported. Paper check payments have long been a hold-out in B2B payrolls, even as much of the world goes digital.
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