PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

Maine 148

Maine Lending Cards Bitcoin 148

PYMNTS

NOVEMBER 4, 2020

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour's international trade finance network, while J.P. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income customers. . Alfa-Bank Signs Onto Contour International Trade Finance Network.

Alabama 162

Alabama United States Florida Digital Banking 162

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

OCTOBER 8, 2020

Revolut is launching its Goals functionality for its Junior savings card and app that inspires youth to save money. As of now, the Junior’s Goals function is available to every Revolut Premium and Metal user in the United States and the European Economic Area. Bank Of Korea To Begin Testing Distribution Of Digital Currency.

cryptocurrency 246

cryptocurrency United States Cards Report 246

PYMNTS

FEBRUARY 14, 2020

China’s central bank gave Mastercard the green light on Feb. 11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JULY 13, 2018

Management stated on the call that volatility and geopolitical events, including the development of a trade war between China and the United States, helped boost that division. CEO Jamie Dimon has pointed to strength in consumer sentiment and in macro trends as giving strength to investments, but also credit card results.

Cards 100

Cards United States Mobile Trends 100

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Only 3 percent of them, however, have their credit cards with those community banks. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

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. It’s only a matter of time for retirees to get a rewrite of digital banking. Well, it happened. You’ve been the everything to everyone.

Los Angeles 118

Los Angeles Fintech Digital Banking Tools 118

PYMNTS

APRIL 5, 2019

It will also upgrade 16,000 ATMs with new features like paying with phones and the ability to pay credit card bills. David Tyrie, head of consumer advanced solutions and digital banking, said that by 2021 Bank of America’s branches and ATMs will cover upwards of 90 percent of the population in the United States. .

America 128

America ATM United States Cleveland 128

PYMNTS

JULY 27, 2020

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. The company recently expanded into the United States.

United States 140

United States Leadership Risk Management California 140

PYMNTS

NOVEMBER 2, 2020

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally. or ‘Why don't you put in an ATM?’

Fintech 210

Fintech ATM Community Bank Cards 210

PYMNTS

JULY 29, 2019

Mastercard has expanded its services for SMBs in several ways over the quarter, launching new SMB card rewards that operate like a “toolbox” for fulfilling recurring needs, such as Mastercard ID Theft Protection. Mastercard is also working to improve its financial services by expanding open banking and digital banking services.

Payments 117

Payments Portland Oregon United States 117

PYMNTS

APRIL 12, 2019

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the United States and the promise of digital banking, the bank posted first-quarter results that topped expectations. billion compared to $157.1

Mobile 108

Mobile United States Cards Community Bank 108

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. It also offers participating CUs customized consulting services.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

AUGUST 22, 2019

Banking startup N26 has announced that its mobile banking app is now available to customers across the United States, following the completion of a beta program that lasted two months, according to a release. Once it is downloaded, people can apply for an account and a Visa debit card.

US 157

US San Francisco United States Chicago 157

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.

Los Angeles 153

Los Angeles Payments United States Maine 153

PYMNTS

SEPTEMBER 30, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions, much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products. So today (Sept.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Cards are perhaps proving a sticking point in the move toward electronic payments. Keep a lid on the casket talk.

ATM 192

ATM Millennials United States Study 192

PYMNTS

JANUARY 24, 2020

In 2019, N26 began operating in the United States. CEO, said in a PYMNTS interview that growth came after N26 evaluated domestic customers’ online banking perceptions and preferences. Kopp also detailed some of the differences between American and European banking customers and how N26 adapts to them.

United States 193

United States Examples Marketing Fintech 193

PYMNTS

FEBRUARY 7, 2019

million in Bink, a startup that lets customers store and view all their loyalty cards on a phone, and also links payment cards to get points and rewards automatically, according to reports. British financial institution Barclays has invested $12.9

United States 180

United States Mobile Innovation Cards 180

PYMNTS

DECEMBER 16, 2020

account with a Global Mastercard Debit Card in five minutes on a mobile device. After Mexico, India and China account for most of the individuals and consumer funds flowing into the United States. resident and non-resident international clients of Aeldra can open an FDIC-insured U.S.

United States 168

United States FDIC California Mobile 168

PYMNTS

NOVEMBER 9, 2020

In the United States, 8 million consumers have fallen below the poverty line since May, for example, movement that severely reduces the access these consumers may have to financial tools. Yet many of these alternative solutions are running into challenges during the ongoing health crisis, such as prepaid cards.

Tools 203

Tools Mobile FDIC Examples 203

PYMNTS

JUNE 1, 2020

These safety concerns are becoming even more important as states begin permitting nonessential businesses to reopen, which will increase the number of brick-and-mortar transactions. This has encouraged consumers to reduce spending overall, resulting in lower credit card spend and fewer applications for new credit cards.

United States 132

United States Cards Payments Digital Banking 132

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Gonzobanker

OCTOBER 12, 2022

Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). Starting with a single product – the humble credit card – Nubank TikTok’d its way to sticky mobile engagements. Don’t Look Back in Anger. What is holding back bold, next-gen bets like Nubank?

Fintech 97

Fintech United States Chicago Mobile 97

PYMNTS

JANUARY 30, 2020

Banks are rapidly undergoing digital-first transformations to offer these services. BMO Harris Bank , originally founded in 1817 as the first bank in Canada, is one such example. BMO expanded its footprint to the United States by purchasing Harris Bank of Chicago in 1984.

Operations 152

Operations ATM Cards Case Study 152

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

PYMNTS

JULY 11, 2019

is launching its banking app in the United States. subsidiary of N26 GmbH, which was described in an announcement as one of the fastest growing mobile banks in Europe. And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account.

Mobile 121

Mobile US United States FDIC 121

PYMNTS

OCTOBER 1, 2019

The big uptick in losses corresponds to an uptick in the cost of sales, which is up 247 percent, according to Revolut – mostly pushed by a rise in costs to card scheme charges as well as user acquisitions. The capital infusion is sought as Revolut attempts a five-nation expansion to include Singapore, Japan and the United States.

United States 109

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PYMNTS

NOVEMBER 10, 2020

United States-based neobank Unifimoney , for example, recently partnered with Singapore-based FinTech Nium to deliver compliant cross-border transfers from U.S. require local bank accounts and debit cards to manage their daily saving and spending needs as well as convenient services that allow them to send money to family back home.

Report 216

Report Fintech United States Meeting 216

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. One Nordic financial startup has reversed this trajectory and decided to get its own banking license.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

MAY 5, 2020

banks provide each other access to transaction data and account information to enable open banking. The United States lacks this type of central directive, but many banks are exploring APIs of their own initiative. The European Union (E.U.) Developments From Around The World Of B2B APIs.

Payments 200

Payments United States Software Cards 200

Gonzobanker

JANUARY 4, 2022

The Big 3 bank tech vendors—FIS, Fiserv, and Jack Henry—have all partnered with NYDIG, making it easy (OK, easier ) for mid-size institutions to integrate crypto services into their core and digital banking platforms. Visa announced the launch of a crypto advisory service for its banking and merchant clients.

Trends 188

Trends Fintech social media Strategy 188

Gonzobanker

AUGUST 24, 2023

One bright spot for the banking industry is Americans’ rising appetite for credit card debt. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however.

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

DECEMBER 31, 2019

Close to one-quarter of AP pros surveyed also want to bring ePayables and virtual cards online for treasury operations. Additionally, as real-time payments (RTP) gain traction, 40 percent of survey respondents feel that accounting and ERP integration is their primary concern with adoption of corporate RTP in the United States.”.

Survey 135

Survey United States Technology Payments 135

PYMNTS

OCTOBER 8, 2019

As Magnus Larsson, CEO of Majority , told PYMNTS in an interview shortly after the firm’s launch, no matter where they are from, where they work or how much they make, migrant workers all face a common problem in the United States: Financial services are not always easy to secure. For $5 per month, Majority members in the U.S.

Community 126

Community United States Meeting Houston 126

PYMNTS

OCTOBER 6, 2017

But as readers in this space know, the move to cashless is not a done deal, nor is it written in the cards (no pun intended). A recent whitepaper by Cardtronics , in partnership with Edelman Intelligence for its 2017 Health of Cash study , has been titled “ In a Digital World, Cash is Resilient.” The headline findings?

United States 119

United States Study Cards FDIC 119