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Transactions: BMO, Mastercard, Extend launch mobile wallet for virtual cards

BankInovation

On Monday, BMO, with Mastercard and digital card fintech Extend, rolled out a mobile wallet for virtual cards for its commercial banking clients in the U.S. By offering mobile wallet functionality for physical cards and now virtual cards and contactless payments, BMO is equipping our Corporate […]

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FinTechs Embrace Collaboration For Corporate Card Solutions

PYMNTS

This week's Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed to enhance spend management and help SMBs access credit during turbulent times.

Cards 163
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How FIs And FinTechs Are Expanding The Credit Card Paradigm

PYMNTS

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. More than ever, credit cards are becoming the coin of the realm in the global connected economy.

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i2c: Mobile Banking, Credit Drive FinTech Opportunities Beyond The ‘Simple’ DDA

PYMNTS

At a time when the global pandemic and ensuing economic upheaval have blurred the boundaries between traditional means of payment, the CEO of global payment- and banking-solution provider i2c says the biggest business opportunity ahead will be in credit, with mobile becoming the biggest game-changer. All About Mobile. phenomenon.

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Mobile Cards Key To Winning Bank Accounts

PYMNTS

Mobile Cards: Make or Break? Mobile Cards: Make or Break? For the purposes of the February 2020 Building A Better App report, PYMNTS asked survey respondents to build the perfect card — spend controls, instant credit, a multiplicity of card controls — just name it. Follow the Smart(phone) Crowd.

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The Impact of Mobile Card Apps On FI Customer Retention

PYMNTS

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. FinTech players are also grabbing deposits. Square announced $1.3

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Argentina FinTech Ualá Debuts Mobile POS For SMBs

PYMNTS

Argentinian mobile payments company Ualá , bolstered by heavyweight investors, is expanding into merchant services, according to Bloomberg. The company is planning to debut mobile point-of-sales (mPOS) services, hoping to deploy 100,000 by the end of next year. million cards in Argentina since its 2017 debut. On Thursday (Dec.

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