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Lumin Digital To Provide LAFCU With Digital Banking Solution

PYMNTS

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.

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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

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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The Newest Neobank is for the 62+ Crowd

Gonzobanker

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.

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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

PYMNTS

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. How One Cloud-Native Business Bank Overcame Its Cloud-Migration Roadblocks (Digital Banks And The Power of The Cloud Tracker). Are SPACs the wave of the future?

Retail 208
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In UK, FinTech Alliance Launches

PYMNTS

digital bank, has set up shop in the U.S. As reported , the company is rolling out apps linked to checking accounts and debit cards. The firm said it will be holding sign-up events for consumers in cities that include Los Angeles, New York and San Francisco. Property Management (And Payments), APIs Included.

Fintech 108
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Fintech Fundings: 18 Companies Raise $400 Million Week Ending July 3

Fintech Labs Insights

Expense reporting & invoice management. HQ: Los Angeles, California. Latest round: $3 million Angel. Accounting & small-business financial management services. Tags: Personal finance comparison, lead gen, consumer, insurance, loans, cards. Source: Techcrunch. Consumer payment services. P2P lending.

Company 12
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. million to its digital banking platform. Startup digital bank. Financial supply chain management. HQ: Los Angeles, California. SaaS banking platform.

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